HomeMy WebLinkAboutCity Council Resolution 1999-186CITY OF PLYMOUTH
Resolution 9899-186
AUTHORIZING SUBMISSION OF AN APPLICATION TO THE MINNESOTA
DEPARTMENT OF TRADE AND ECONOMIC DEVELOPMENT'S CONTAMINATION
CLEANUP GRANT PROGRAM FOR THE VILLAGE AT BASSETT CREEK
DEVELOPMENTAUTHORILZING A R STRUCTURING OF THE PROPOSED FINANCING
FOR TAX TNCREMEI�T�FINANCING DISTRICT Noy 7 5GIVING A PPRONAL TO
FUNDING FOR PHASE S 1 AND A UTHORI ZING STAFF Ti Ti TO SCHEDULE THE PUBLIC
HEARINGS FOR ANY COUNCIL ACTIONS NECESSARY FOR THE DTSTRUCTURING
OF THE FINANCING N!`TNG DT A N FOR THE DISTRICT
WHEREAS, on September 2, 19) September 3,1997, the City Council of the City of Plymouth,
Minnesota (the "CITY") adopted Resolution No. 98-54197 creating a new Tax Increment
Financing District No. 7-5A, the Village At Bassett Creek DevelopmentEstablish ng Tax T,,,., -em
; and
WHEREAS, development of Al „f+hs- Dist let the pfopesed development has been ,a;vide,a
the westerly
portion of the District ("Phase 2") requires additional financial assistance to cleanup contaminated
construction debris deposited on the site; and
WHEREAS, the Minnesota Department of Trade and Economic Development ("DTED") is accepting
applications for financing to cleanup contaminated sites such as Phase 2a fesef .atio,, of $3,344,400
-------_---- ------- ---------a ---- r---- --- ---- - -- -- - --- • ----r------- --- ------------ --- - -r--- --- - - --
1998; and
WHEREAS, ovidenee of suppe t f em the City wishes to authorize an application from the Housing and
Redevelopment Authority In and For the City of Plymouth (the "Plymouth HRA") to DTED's
Contamination Cleanup Program for Phase 2 of the Village At Bassett Creek Developmentf r the Use Of
extension of the RUID fesefvation of ffinding to make possible the development of these Uni
plymouth;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Plymouth, Minnesota that
the Plymouth HRA act as the legal sponsor for the project contained in the Contamination Cleanup
Grant Program to be submitted by May 3, 1999 and that Anne Hurlburt, HRA Executive Director, is
herebv authorized to abbly to the Debartment of Trade and Economic Develonment for funding of this
roiect on behalf of the Plymouth HRA
�„
OWN
. _.
This Resolution shall be in ffill fefee and eff-eet ffefn and aftef the BE IT FURTHER
RESOLVED that the Plymouth HRA has the legal authority to apply for financial assistance, and the
institutional, managerial, and financial capability to ensure adequate project administration.
BE IT FURTHER RESOLVED that the sources and amounts of the local match identified in the
application are committed to the project identified.
BE IT FURTHER RESOLVED that the Plymouth HRA has not violated any Federal, State or local
laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or
corrupt practice.
BE IT FURTHER RESOLVED that upon approval of its application by the state, the Plymouth HRA
may enter into an agreement with the State of Minnesota for the above referenced project, and that the
Plymouth HRA certifies that it will comply with all applicable laws as stated in all contract agreements.
NOW THEREFORE BE IT RESOLVED that Anne Hurlburt_ HRA Executive Director is
authorized to execute such agreements as are necessary to implement the project on behalf of the
applicant.
Adopted by the City Council on April 20, 1999.
1 1101,11