Title
Resolution authorizing the conveyance of property to Dayton’s Bluff Neighborhood Housing Services and the City of Saint Paul, and entrance into a Development Agreement for the Village on Rivoli project, District 5, Ward 5
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) is a public body corporate and politic established pursuant to the provisions of Minnesota Statutes section 469.001 et. Seq.; and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota Law; is authorized to engage in activities relating to (a) housing projects and development, (b) removal and prevention of the spread of conditions of blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) disposition of land for private development, and (e) improving the tax base and the financial stability of the community, when these needs cannot be met through reliance solely upon private initiative and which can also be undertaken in targeted neighborhoods; and is authorized to create redevelopment projects as defined in Minnesota Statutes section 469.002, subd. 14; and
WHEREAS, in 2004, Dayton’s Bluff Neighborhood Housing Services (DBNHS) entered into a development agreement for the redevelopment of several properties in the Railroad Island neighborhood; and
WHEREAS, while several stages of redevelopment in Railroad Island have been completed, the Village on Rivoli site, which was contemplated in the development agreement, had not yet been developed; and
WHEREAS, for several years, DBNHS worked on the Village on Rivoli site doing cleanup, grading, site assembly, constructing a stormwater management system, and pursuing funding commitments; and
WHEREAS, in 2016, the HRA and DBNHS entered into a new development agreement to update project plans, schedules and compliance; and
WHEREAS, the new development agreement contempl...
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