Amendment-#5 CBD Tax Inc. PlanAMENDMENT #5 TO CBD TAX INCREMENT
Proposed Action.
Staff recommends the following: Approval of Resolution amending
Redevelopment Plan for the Central Business District entitled "Hopkins
CBD Redevelopment Program" (Amendment #5)
This recommendation will be submitted to the HRA and City Council in
support of the plan revision.
Overview.
The HRA /City Council have previously discussed the possibility of
using tax increment funds to acquire the structure located at 9 - 9th
Avenue South. This building is substandard and produces a blighting
influence on the downtown.
need
The HRA /City Council will be reviewing this item at their meeting on
June 21. Zoning and Planning action will only be necessary if both of
these groups take appropriate action to facilitate a plan change.
Primary Issues to Consider.
What review should the Zoning and Planning Commission
provide as a result of this request?
- What would be the re -use of the property?
Supporting Documents.
- Location Map
- Resolution
J- es D. Kerrigan
P arming & ' Economic
Development Director
In order to acquire this structure, the tax increment plan will
to be revised to reflect acquisition.
Analysis.
Based upon the proposal recommended, the Zoning and Planning
Commission has the following issues to consider:
- What review should the Zoning and Planning Commission provide as a
result of this request?
Basically the Commission should review the plan change to determine if
it is consistent with the following:
o development plan and goals of the City
o 1990 Comprehensive Plan
The plan change is consistent with the development plan and goals of
the City. One of the main goals of the City Council is to redevelop
the downtown and prevent slum and blighting conditions. The
acquisition of the subject structure is the first step in a
redevelopment of this site. Also, because of its' deteriorated
condition, demolition will result in the removal of a blighting
condition.
Any reuse of the site, once it has been cleared, will meet B -2
1111 requirements. As a result, this plan change conforms to the
Comprehensive Plan.
What would be the re -use of the property?
The short term re -use would be parking. The long term plan would be a
redevelopment of the site.
Alternatives.
1. Approval of the resolution amending the plan. This
recommendation will be provided to the HRA /City Council
for their review in considering this item.
2. Deny the resolution as recommended by staff. This
recommendation will be provided to the HRA /City Council
for their review in considering this item.
CBDDIST
Planning Report: CBD District
3. Continue for further information.
•
CITY OF HOPKINS
Hennepin County, Minnesota
PLANNING COMMISSION RESOLUTION NO: 88 -5
A RESOLUTION RECOMMENDING APPROVAL
OF AMENDMENT #5 TO THE REDEVELOPMENT
PLAN FOR THE CENTRAL BUSINESS DISTRICT
ENTITLED "HOPKINS CBD REDEVELOPMENT PROGRAM"
WHEREAS, it has been the intent and desire of the
City of Hopkins (the City) for many years to improve
conditions in the Central Business District and surrounding
area, and
WHEREAS, the Housing and Redevelopment Authority
(the Authority) and the City have previously approved a
redevelopment plan for the Central Business District of
Hopkins, Minnesota entitled "Hopkins CBD Redevelopment
Program (the Plan), and
WHEREAS, such plan has been revised from time to
time to facilitate additional development and public
improvements within the Central Business District and
surrounding area, and
WHEREAS, the Authority has now submitted Amendment
#5 to the plan entitled "South CBD Redevelopment Program"
dated November 5, 1985, and has requested the written
opinion of the Planning Commission on the Plan, all pursuant
to Minnesota Statutes 462.515; and
WHEREAS, the Planning Commission has now studied
and considered said amendment to the Plan.
NOW, THEREFORE, BE IT RESOLVED, by the Planning
Commission of the City of Hopkins, that, having studied and
considered the amendment to the Plan, the Planning
Commission by this resolution advises the City Council, the
Authority, and all interested persons, that it is the
opinion of the Planning Commission that:
1. That Hopkins Zoning and Planning Commission
finds the proposed amendment to the plan
consistent with the overall development plan
and goals for the City.
2. The Hopkins Zoning and Planning Commission
finds the proposed amendment consistent with
changes proposed to the 1990 Comprehensive
Plan.
4
3. The Hopkins Zoning and Planing Commission
recommends to the Hopkins City Council that the
proposed amendment be adopted.
Edward Anderson, Chairman