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02-016• CITY OF SHOREWOOD RESOLUTION NO.02-016 RESOLUTION APPROVING THE ESTABLISHMENT OF THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 BE IT RESOLVED by the City Council ("Council") of the City of Shorewood, Minnesota ("City") as follows: Section 1. Recitals. 1.01. Pursuant to Minnesota Statutes, Sections 469.090 to 469.1081 (the "EDA Act"), the City and the Economic Development Authority of the City of Shorewood ("Authority") may establish a redevelopment project in order to carry out certain redevelopment activities within the City. 1.02. The City and Authority have proposed establishing Redevelopment Project No. 1 (the "Project"), which is a "redevelopment project" within the meaning of Minn. Stat. Sections 469.001 to 469.047 ("HRA Act"), and the Authority has drafted a document titled "Redevelopment Plan For Redevelopment Project No. l." 1.03. The Authority submitted the proposed Redevelopment Plan for the Project (the "Project Plan") to the City Planning Commission, which has delivered to the Council its determination that the Project Plan conforms to the City's comprehensive plan. 1.04. This Council has fully reviewed the contents of the Project Plan and on January 28, 2002, conducted a duly noticed public hearing thereon at which the views of all interested persons were heard. Section 2. Findings; Redevelopment Project. 2.01. The undertakings set forth in the Project Plan will help prevent the creation of blight within the Project Area and the City, and will promote the public health, safety, welfare, and morals. 2.02. The Project Plan will afford the maximum opportunity, consistent with the needs of the City as a whole, for the redevelopment of the Project Area. whole. is 2.03. The Project Plan conforms to the general plan for the development of the City as a • Resolution No. 02-016 • Section 3. Plan Adopted. 3.01. The Project Plan is hereby approved and adopted in substantially the form on file in City Hall. The boundaries of the Project are described in the Project Plan. 3.02. Staff and consultants are authorized to take all actions necessary to implement the Project Plan. ADOPTED BY THE CITY COUNCIL of the City Df Shorewood this 28th day of January, 2002. 1 Attest: • i"aws City Administrator oody Love, Mayor JKP-207010v1 SH230-33