HomeMy WebLinkAbout85-77 - ADMIN Resolution - City Council - 1985/06/03CITY OF ST. LOUIS PARK, MINNESOTA
RESOLUTION NO. 85-77
RESOLUTION ESTABLISHING THE DATE FOR A PUBLIC HEARING ON A
PROPOSED HOUSING PROGRAM PURSUANT TO MINNESOTA STATUTES,
CHAPTER 462C, AND AUTHORIZING PUBLICATION OF NOTICE THERFORE
WHEREAS, Minnesota Statutes, Chapter 462C, authorizes a city to plan, administer and
make or purchase a loan or loans to finance one or more multifamily housing developments or
the rehabilitation of multifamily housing developments after adoption of a housing program; and
WHEREAS, the program for the issuance of bonds to finance a multifamily housing
development must be considered at a public hearing after notice published at least fifteen (15)
days prior to the date of said hearing after which the program may be adopted by resolution of
the governing body of the city with or without amendment; and
WHEREAS, there has been presented to this City Council (the "City Council") proposals
for the acquisition of land and construction of:
1. A 27 -unit apartment project at 4310-4330 Minnetonka Boulevard
2. A 55 -unit apartment project at Natchez Avenue and Minnetonka Boulevard
3. A 200 -unit apartment project on Block 5, Oak Park Village
4. A 300 -unit apartment project on Block 2, Oak Park Village
5. A 168 -unit apartment project on City owned property south of Jewish Community Center
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ST.
LOUIS PARK, MINNESOTA, THAT:
1. The City Council of the City of St. Louis Park (the "City") will conduct a public
hearing on the proposed housing program on July 1, 1985 at 7:30 p.m.
2. The City Manager of the City is hereby authorized to cause a public notice substantially
in the form of the notice attached hereto as Exhibit A, to be published once in a newspaper
of general circulation in the City at least fifteen (15) days prior to the date established for
the public hearing by the preceding paragraph of this resolution.
ATTEST:
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City Clerk
Review for administration:
Adopted by the City Council June 3, 1985
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Approved as to form and legality:
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CW Manager, City A orney
EXHIBIT A
NOTICE OF HEARING ON A HOUSING PROGRAM
UNDER MINNESOTA STATUTES, CHAPTER 462C, AS AMENDED,
TO FINANCE A MULTIFAMILY HOUSING DEVELOPMENT
NOTICE IS HEREBY GIVEN that the City Council of the City of St. Louis Park, Minnesota
(the "City") will meet on July 1, 1985, at 7:30 p.m. at the City Offices in St. Louis Park,
Minnesota, for the purpose of conducting a public hearing on a proposed amendment to the
City Housing Plan and Program, 1979-1985. The amendments being considered, but not necessarily
limited to the addition of the following projects:
Tentative
Company/ Developer
Joppa Lane Apartments
Minnesota A do M Partnership
Housing and Redevelopment
Authority of St. Louis Park
Private developer to be named
No. of Estimated
Location Units Value
4310-4330 Mtka. Blvd. 55 $ 2,500,000
Natchez Avenue &
Minnetonka Blvd. 27 $ 1,080,000
Block 5, Oak Park Village 300 $18,000,000
41
Housing and Redevelopment Block 2, Oak Park Village 200
Authority of St. Louis Park
Private developer to be named
City of St. Louis Park City owned property south 168
Private development to be of Jewish Community Center
considered
(Bigos Investment -interested developer)
$12,000,000
$ 7,892,990
The proposed Projects could consist of the acquisition of land, the construction of a building
or buildings thereon and the installation of equipment in connection therewith.
All persons interested may appear and be heard at the time and place set forth above.
BEVERLY FLANAGAN
CITY CLERK
Dated: June 4, 1985
Published in the St. Louis Park Sun/Sailor: June 10, 1985