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HomeMy WebLinkAboutResolution No. 2019-05 Finding Parcels Structurally SubstandardRESOLUTION NO. 2019-05 FINDING THAT PARCELS ARE OCCUPIED BY STRUCTURALLY SUBSTANDARD BUILDINGS WHEREAS, the Edina Housing and Redevelopment Authority (the "HRA") is considering the establishment of a new Tax Increment Financing (TIF) District located at 7200 to 7250 France Avenue; and WHEREAS, the HRA engaged Stantec Consulting Services Incorporated ("Stantec") to inspect and evaluate the existing conditions for compliance with Minnesota Statutes regarding establishment of a tax increment financing district; and WHEREAS, Stantec conducted a physical inspection of the properties and submitted a report dated February 6, 2019. NOW THEREFORE BE IT RESOLVED by the Board of Commissioners of the Edina Housing and Redevelopment Authority (the "HRA"), as follows: I. The HRA intends to include in a tax increment financing district to be created by the HRA under Minnesota Statutes, Sections 469.174 to 469.1794 (the "TIF District"), two tax parcels located in the City of Edina (the "City") at 7200 to 7250 France Avenue South consisting of PID Numbers 3 I 02824140001 and 3102824140015 (the "Parcels"), on which two multi -tenant office buildings, a structured -parking ramp, and one paved surface parking lot are located. 2. The HRA has engaged Stantec to inspect the Parcels and the buildings located on the Parcels and to prepare a report as to the Parcels and the conditions of the buildings. A copy of the report of Stantec dated February 6, 20I9 (the "Stantec Report"), has been presented to and reviewed by the Board of Commissioners. It is expected that the buildings located on the Parcels will be demolished and removed prior to the creation of the TIF District. It is also expected that the demolition and removal will be performed by the developer under a redevelopment agreement with the HRA and that the costs of such work could be financed by the HRA. 3. The Board of Commissioners hereby finds as follows: (a) That both of the Parcels, consisting of 100 percent of the area of the proposed TIF District, are occupied by buildings, streets, utilities, or paved drives or parking lots; (b) that both of the two buildings (100 percent) located on the Parcels are structurally substandard within the meaning of Minnesota Statutes, Section 469.174, Subd. 1 0(b), since they contain defects in structural elements or a combination of deficiencies in essential utilities and facilities, Tight and ventilation, fire protection including adequate egress, layout and condition of interior partitions, or similar factors, which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance; CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 HRA Resolution 2019-05 Page 2 (c) that both of the two buildings (100 percent) located on the Parcels are not in compliance with the building code applicable to new buildings and require substantial renovation and could not be modified to satisfy the building code at a cost of less than 15% of the cost of constructing a new structure of the same square footage and type on the Parcels; (d) that the conditions described in (a), (b), and (c) above are reasonably distributed throughout the geographic area of the proposed TIF District. (e) after the demolition and removal of the buildings on the Parcels, the HRA intends to include the Parcels within the proposed TIF District. In making the findings under (a)-(d) above, the HRA is relying on the Stantec Report. Dated: February 14, 20I9 Michael Fischer, Secretary STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS CITY OF EDINA ) James B. Novhand, Chair CERTIFICATE OF EXECUTIVE DIRECTOR I, the undersigned duly appointed and acting Executive Director for the Edina Housing and Redevelopment Authority do hereby certify that the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Edina Housing and Redevelopment Authority at its Regular Meeting of February 14, 2019, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this day of Executive Director