HomeMy WebLinkAbout93-153 - ADMIN Resolution - City Council - 1993/10/04RESOLUTION NO. 93-153
RESOLUTION APPROVING AGREEMENT BETWEEN THE CITIES OF
ST. LOUIS PARK AND GOLDEN VALLEY FOR THE D & B PROJECT IN MINNEAPOLIS
WEST BUSINESS CENTER AND AUTHORIZING ITS EXECUTION
WHEREAS, a redevelopment/development project to be known as the "D & B
Project" has been proposed on a site partly located in the City of St. Louis Park and partly
located in the City of Golden Valley; and
WHEREAS the cities of St. Louis Park and Golden Valley desire to achieve
administrative and regulatory efficiencies in processing the development/redevelopment
application and in the exercise of their governmental powers in connection with the D & B
Project; and
WHEREAS the cities of St. Louis Park and Golden Valley are empowered by
Minnesota Statute 471.59 to enter into agreements to provide for the exercise of any power
held in common by the two parties, by one party on behalf of the other party; and
WHEREAS the location of the proposed project is functionally isolated from the City
of Golden Valley; and
WHEREAS an agreement giving the City of St. Louis Park all regulatory and police
powers and all responsibility for providing utilities and services; providing for the collection
of all fees by the City of St. Louis Park; and providing for the collection of all real estate
taxes from property located in the D & B Project in the City of St. Louis Park by the City of
St. Louis Park, the collection of all of the real estate taxes from property located in the D &
B Project in the City of Golden Valley by the City of Golden Valley and the payment of 15%
of the real estate tax revenue collected by the City of Golden Valley to the City of St. Louis
Park;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis
Park that the agreement between the cities of St. Louis Park and Golden Valley, Minnesota
for the D & B Project in the Minneapolis West Business Center is hereby approved in
substantially the form presented and that the Mayor and City Manager are hereby
authorized to execute the agreement in the form presented, subject to modification deemed
necessary by the City Manager.
Adopted by the City Council October 4, 1993
Review d for Administration:
ty ' anger
4428:GEN43
(i)
Mayor
Approved as to form and execution:
to
City A torney
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