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HomeMy WebLinkAboutNo 891 Establishing the Maplewood Area Economic Development Authority ORDINANCE NO. 891 AN ORDINANCE ESTABLISHING THE MAPLEWOOD AREA ECONOMIC DEVELOPMENT AUTHORITY THE CITY COUNCIL OF THE CITY OF MAPLEWOOD, MINNESOTA ORDAINS: SECTION 1. Definitions. Subdivision 1. Common terms. As used in this Ordinance, the terms defined have the meanings given them. Subd. 2. “Authority” – an Economic Development Authority as defined by Minnesota Statues 469.090 through 469.1081. Subd. 3. “City” – the City of Maplewood, Minnesota. Subd. 4. “Council” – the duly elected governing body of the City of Maplewood, Minnesota. Subd. 5. “The Act” – Minnesota Statutes 469.090 through 469.1081. Subd. 6. “Enabling Resolution” – this Ordinance. SECTION 2. Establishment. An Economic Development Authority is established which shall have all of the powers, duties and responsibilities of an Economic Development Authority pursuant to Minnesota Statues 469.090 through 469.1081. It shall be the role and responsibility of the Authority to carry out economic and industrial development and redevelopment within the Maplewood area pursuant to Bylaws as may be adopted by the Authority. It shall confer with other City departments, and other public and private groups on matters relating to business and industrial development and periodically survey the area’s industrial and commercial climate and report regularly to the Council. SECTION 3. Name. The Economic Development Authority created by the Enabling Resolution shall be known as the Maplewood Area Economic Development Authority. SECTION 4. Members. The Authority shall consist of the Mayor and members of the City Council. The City Manager shall act as Director and ex officio member. Members may be reimbursed for expenses pursuant to City reimbursement policies. SECTION 5. Administration. Subdivision 1. Bylaws. The Authority shall adopt Bylaws and rules of procedure for administration of its affairs. Subd. 2. Officers. The Authority shall elect a chair and a vice-chair on an annual basis. The City Manager or designee shall serve as the Treasurer. Subd. 3. Professional service contracts. The Authority may employ technical experts and professionals as deemed necessary. Their salaries and duties shall conform to City policy. Subd. 4. Duties and powers. The Officers shall have the duties and powers of their offices and other powers and duties as may be delegated by the Authority, the Bylaws, and the Act. No Act of the Authority may be in conflict with the City’s current Comprehensive Plan or controls instituted to effectuate the Plan. No action of the Authority is authorized that is in conflict with any official action previously taken by the City Council. Subd. 5. Meetings. The Authority shall meet quarterly and at such other times as necessary. SECTION 6. Modification. All modifications to the Enabling Resolution must be by Ordinance and must be adopted after notice and Public Hearing conducted as required for the original adoption of the Enabling Resolution. SECTION 7. Report to Council. The Authority shall submit a written report of its activities and recommendations for modification of the Enabling Resolution to the Council at least annually. SECTION 8. Director. The City’s Manager or designee shall attend all meetings of the Authority, shall serve as a consultant and advisor to the Authority and shall make quarterly reports to the Council. SECTION 9. Conflicts of Interest. Except as authorized by Minnesota Statute 471.88, a Member, Officer or employee of the Authority may not have a substantial conflict of interest, in projects undertaken by the Authority. SECTION 10. Budget. Subdivision 1. Fiscal budget. The Authority shall prepare and submit to the Council a detailed budget. A special fund shall be established and designated as the “Development Authority Fund.” The Council shall appropriate to the fund money it deems necessary for Authority purposes. This shall constitute the budget of the Authority. All payments drawn on the account of the Authority shall be by written statement signed by two officers of the Authority, directing the City Manager to prepare and deliver payment. All expenditures shall be consistent with the operation of the Authority pursuant to this Ordinance and Minnesota Statutes. Subd. 2. Audit. All financial records of the Authority shall be prepared, audited, and filed with the City, said records being coordinated by the City Finance Department at the direction of the City Manager. SECTION 11. Schedule of powers. Subdivision. 1. Development districts. The Authority may create and define the boundaries of economic development districts and use the powers granted to carry out economic development in these districts. Subd. 2. Acquire property. The Authority may acquire, by lease, purchase, devise or through condemnation proceedings, title in property to create economic development in these districts. Property acquired, leased, owned, controlled, used or occupied by the Authority for any of the purposes of Section 469.101, Subd. 2 of Minnesota Statutes is for public governmental and municipal purposes and is exempt from taxation by the state or its political subdivisions. The exemption from property taxes only applies while the Authority holds the property for its own purpose(s). Subd. 3. Options. The Authority may negotiate and acquire options to purchase, sell or lease property for the purpose of economic development. Subd. 4. Contracts. The Authority may make contracts for the purpose of economic development. Subd. 5. Limited partnerships. The Authority may become a limited partner in a partnership. Subd. 6. Rights and easements. The Authority may acquire rights or easements for a term of years or perpetually. Subd. 7. Receive public property. The Authority may accept land, money or other assistance, whether by gift, grant, loan or otherwise in any form from federal, state, local government, any agency of either or a local division of state government. Subd. 8. Public facilities. The Authority may operate, maintain a public parking facility, housing facility or other public facilities to promote economic development in the area. Subd. 9. Other powers. The Authority shall have such other powers as authorized as described in the Act. SECTION 12. General obligation and revenue bonds. The Authority may issue general obligation bonds or revenue bonds after receiving the approval and authorization by four-fifths vote of the Council and in accordance with the provisions of the Act. SECTION 13. This Ordinance shall take effect and be in force upon passage and publication. Adopted by the Maplewood City Council this July 27, 2009.