ECONOMIC DEVELOPMENT AUTHORITY- Erik Thorvig, Economic Development Coordinator
Title
CERTIFY STRUCTURE AT 10500 RADISSON ROAD AS A SUBSTANDARD BUILDING FOR TIF PURPOSES
Background
Staff is reviewing options for a future redevelopment TIF district in the 105th Avenue/Nassau St. area to fund activities related to redevelopment. Minnesota Statutes require a certain portion of buildings within a new redevelopment district to be declared substandard through an inspection process done by a 3rd party that meets specific criteria outlined by statute.
Kwik Trip is planning to demolish the property at 10500 Radisson Rd. in the very near future. In order for this building to be counted as a substandard building for a future district, the EDA must certify the building by resolution as substandard prior to demolition. A report by the architect completing the inspection that declares the building substandard will be made available prior to the EDA meeting.
In the coming months staff will be reviewing various scenarios and present them to the City Council to decide whether to move forward with a new TIF district for the area to assist in further redevelopment.
Recommendation
Adopt the attached resolution.
Body
BE IT RESOLVED by the Board of Commissions (the “Board) of the Blaine Economic Development Authority (the “EDA”), as follows:
WHEREAS, it is one of the goals and purposes of the Blaine EDA to improve the community, strengthen the tax base and enhance employment opportunities; and
WHEREAS, the property at 10500 Radisson Road has been designated in planning documents by the City as part of an area to be redeveloped within the City of Blaine; and
WHEREAS, the property at 10500 Radisson Road has been purchased by Kwik Trip with the intention of site redevelopment; and
WHEREAS, the structure on the property has been inspected and evaluated by a third party architect for the purpose of determining and certifying that the structure is substandard.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Blaine Economic Development Authority, City of Blaine, Minnesota, that the structure at 10500 Radisson Road has been determined to be substandard and that this resolution, upon passage, shall serve as certification of that determination.
PASSED by the Blaine Economic Development Authority this 15th day of March, 2018.