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HomeMy WebLinkAboutResolution No. 517-11 • RESOLUTION WHEREAS; the Job Opportunity Building Zone (JOBZ) Program, created in Minnesota Session Laws 2003, 1st Special Session, Chapter 21, Article 1, allows for the formation of tax free zones. WHEREAS; the City of Rochester Common Council, the Olmsted County Board of Commissioner and the School Board of ISD 535 have previously approved resolutions supportive of the creation of JOBZ zone upon certain lands within the City of Rochester. WHEREAS; the JOBZ program provides for a zone modification process, which requires resolutions from the city, county and school district when exchanging acres from a current JOBZ location to parcels outside of an existing JOBZ zone. NOW, THEREFORE, BE IT RESOLVED by the Rochester Common Council that the City does hereby support the JOBZ zone modification to transfer one acre from the following described parcel in Subzone # 2 to one acre of land described as the East 190 feet of Lot 1, Block 1, Commerce Park Subdivision, City of Rochester, Olmsted County, Minnesota: Commencing at the SE corner of said NW '/, 1005.14 feet to the North line of Jensen's 1st Subdivision, thence continuing North along said east line 320 feet to the point of beginning; thence Southwesterly 483.11 feet to the Easterly R.O.W. line of T.H. 52, thence Northwesterly 118.43 feet; thence Northeasterly 25 feet; thence Northwesterly 445.08 feet to the South line of Stuve's 2nd Subdivision; thence Northeasterly along said Southline a distance of 517.37 feet to the East line of said NW Y4; thence South along said East line 593.04 feet to the point of beginning; less that part shown as Parcel 532 H on MnDOT R.O.W. Plat 55-65. BE IT FURTHER RESOLVED that the City approves of and executes the JOBZ Business Subsidy Agreement with Preventice. The Mayor and City Clerk are hereby authorized to execute this Agreement on behalf of the City. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS DAY O XXCA:: JM' aii- , 2011. DENT OF SAID-COMM COUNCIL PRO -TEM ATTEST: � C��� C CLERK APPROVED THIS DAY OF 1-)6V6 1aV-- , 2011. � /4404c-- MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) ReslMesolu JOBZMod1