77-2581 CITY OF HOPKINS
Hennepin County, Minnesota
RESOLUTION NO. 77-2581
A RESOLUTION OF CITY COUNCIL OF THE CITY OF HOPKINS,
MINNESOTA, RELATIVE TO IMPLEMENTATION OF PARKING
IMPROVEMENTS AND FINANCING OF SAME WITH TAX INCREMENT
FUNDING.
WHEREAS, it has long been the intent of the City of Hopkins to
provide adequate parking facilities in the Downtown Central Business District; and
WHEREAS, this District has been previously delineated and designated
as a tax increment district under the prevailing law of the State of Minnesota; and
WHEREAS, the City will shortly receive a comprehensive parking study
document containing recommendations for improvements; and
WHEREAS, this Council has heretofore approved comprehensive plans for
• specified areas south and north of Excelsior Avenue, and ongoing tax increment
income is funding the improvements specified in these plans;
NOW, THEREFORE, THE CITY COUNCIL of the City of Hopkins, Minnesota, does
hereby make the following findings and determinations:
1. That the provision of parking facilities is deemed necessary as a
project improvement within the Downtown Central Business District
in order to aid in the elimination of deterioration, within the meaning
of Minnesota Statutes 462.421, Subd. 11;
2. That in order to finance said parking improvements in a feasible and
adequate manner, the use of tax increment funds are hereby approved,
in an amount and scope to be determined at a later date by this Council,
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as part of the ongoing tax increment Downtown Central Business District
Redevelopment Program.
Passed and adopted by the Council of the City of Hopkins, Minnesota, at a
regular meeting held the 17th day of May 1977.
H. E. RICHARDSON, JERRE A. MILLER,
City Clerk Mayor
JOSEPH C. VESELY,
City Attorney