Title
Resolution authorizing modifications to parking operation and management agreements (collectively, “Ramp Agreements”) at: (i) Robert Street Municipal Ramp at 95 E. 7th Street; (ii) Lowertown Municipal Ramp at 316 Jackson Street; (iii) Lawson Municipal Ramp at 10 W. 6th Street; (iv) Smith Transit Center Ramp at 145 Smith Ave.; and (v) Kellogg Municipal Ramp at 129 Kellogg Boulevard, District 17, Ward 2
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) is a public body corporate and politic organized, existing, and operating under the laws of the State of Minnesota, Minn. Stat. Sec. 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development and redevelopment activities under the Act and when needs cannot be met through reliance solely upon private initiative, which can also be undertaken in targeted neighborhoods, and is authorized to create redevelopment projects as defined in the Act, and said activities include but are not limited to: (a) providing adequate, safe and sanitary dwellings, remedying housing shortages for low and moderate income residents, and providing housing for persons of all incomes through housing projects and development, (b) removing and preventing blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) performing duties according to the comprehensive plan, (e) disposing of land for private redevelopment, and (f) improving the tax base and the financial stability of the community; and
WHEREAS, the HRA owns the five parking ramps described in the Ramp Agreements, which are operated by certain operators named in the Ramp Agreements, and each of the five Ramp Agreements are scheduled to expire on December 31, 2022;
WHEREAS, the ownership and operation of the five parking facilities under the Ramp Agreements improves the tax base, improves the financial stability of the community, and...
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