HomeMy WebLinkAboutCity Council Resolution 2004-353CITY OF PLYMOUTH
RESOLUTION NO. 2004-353
A RESOLUTION ESTABLISHING A POLICY
FOR CONSIDERING BUSINESS SUBSIDIES IN COMPLIANCE WITH
MINNESOTA STATUTES §116.994 (2004)
WHEREAS, the City of Plymouth, a public body corporate and politic under the laws of
the State of Minnesota, has been granted certain powers by the state legislature to assist
business development in the City by providing business subsidies, and;
WHEREAS, under state law, a business subsidy may not be granted until the City has
adopted criteria that comply with the requirements of state law, specifically Minnesota
Statutes § 116.994, and;
WHEREAS, it is the purpose of this Resolution to establish a Business Subsidy Policy
with criteria for evaluating possible business subsidies in compliance with the
requirements of state law, and;
WHEREAS, this policy will apply only to subsidies as defined or limited by state law,
although the City reserves the right to employ this policy to evaluate projects not
specifically covered by the state law, and;
WHEREAS, in all respects, terms used in this Policy are intended to have the same
meanings as used in the state law.
NOW THEREFORE, BE IT RESOLVED that the City of Plymouth shall consider
requests or other opportunities for development assistance using the following criteria:
Whether the project is consistent with the City's Comprehensive Plan, the
HRA Strategic Plan or otherwise is compatible with, or complementary to, the
City's development plans and objectives.
2. Whether the project will remove, prevent or reduce blight, utilize
underdeveloped properties, or otherwise protect or enhance property values
and the tax base.
3. Whether the use of a subsidy is necessary for the project or will result in
enhancements or improvements to the proposed project.
4. Whether the project will use public infrastructure contemplated for the project
or will facilitate the constriction of public infrastructure identified as
necessary or beneficial for other properties as determined by the City Council.
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5. Whether the project will prevent specific and demonstrable loss of jobs.
6. Whether the project will create new jobs, whether the jobs to be created pay
wages at a level beneficial to the community, whether there are broader public
benefits related to the proposed business such as, but not limited to, the hiring
of a diversified work force, the provision of particular employee or family
benefits, or the hiring of city residents.
7. Whether the project will provide necessary or essential housing or other
community benefits, enhance economic or social diversity, stabilize the
community, affect existing businesses or properties, or otherwise have
demonstrable public benefits.
8. Whether the project will significantly and adversely increase existing service
needs in the City.
Furthermore, no subsidy shall be awarded based upon the creation of jobs under this
Policy unless such jobs will pay wages [that average] in excess of 200% of the federal
minimum wage in effect at the time of the award of the subsidy.
BE IT FURTHER RESOLVED that upon the City Council making a specific finding of a
public purpose, these criteria may be deviated from as authorized and conditioned by
state law including determining that for a particular project the wage and job goals should
be set at zero or otherwise waived or conditioned.
Adopted by the Plymouth City Council on August 24, 2004.
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