HomeMy WebLinkAboutResolution No. 037-20 D1 - Resolution Approving Econ Dev District 75 and Econ Dev Plan
EDA RESOLUTION NO. ______
COUNCIL RESOLUTION NO. ______
ROCHESTER ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF OLMSTED, STATE OF MINNESOTA
RESOLUTION APPROVING AN ECONOMIC DEVELOPMENT DISTRICT AND
ECONOMIC DEVELOPMENT PLAN THEREFOR
WHEREAS, Board of Commissioners (the “Board”) of the Rochester Economic
Development Authority (the “EDA”) has proposed the establishment of Economic
Development District No. 75 (the “Development District”) and the adoption of a document
entitled “Economic Development Plan for Economic Development District No. 75” (the
“Development Plan”) therefor, pursuant to Minnesota Statutes, 469.090 to 469.1082
(collectively the “Act”); and
WHEREAS, the EDA has investigated the facts relating to the establishment of the
Development District, and the adoption of the Development Plan and has caused the
Development Plan to be prepared; and
WHEREAS, the Board of Commissioners held a public hearing regarding the
Development Plan on the date hereof following notice thereof duly published in accordance
with the Act; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the
Rochester Economic Development Authority that:
1. The Board hereby finds that the Development District is proper and desirable
to establish and develop within the City, it is in the public interest because it will help provide
access to services for residents of the City, and its effect will be to carry out the objectives
of the Development Plan by providing public facilities in the City and otherwise promote
certain public purposes and accomplish certain objectives as specified in the Plan.
2. The EDA intends that it shall have and enjoy, with respect to the Development
District, the full range of powers and duties conferred upon the EDA pursuant to the
Development Plan, the Act, the and such other legal authority as the EDA may have or enjoy
from time to time.
3. The Development District is hereby established and the Development Plan,
as presented to the Board on this date, including without limitation the findings and
statements of objectives contained therein, is hereby approved, established, and adopted
and shall be placed on file in the office of the Executive Director of the EDA.
4. EDA staff and consultants are authorized to take all actions necessary to
implement the Development Plan.
632610v1RC110-102
PASSED AND ADOPTED BY THE BOARD OF COMMISSIONERS OF
THE ROCHESTER ECONOMIC DEVELOPMENT AUTHORITY, THIS 22ND DAY OF
JANUARY, 2020.
PRESIDENT OF SAID AUTHORITY
SECRETARY OF SAID AUTHORITY
APPROVED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2020.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2020.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
632610v1RC110-102