Title
RESOLUTION RELATING TO A TAX ABATEMENT; GRANTING THE ABATEMENT FOR THE BLUFFS OF DULUTH SENIOR HOUSING CARE PROJECT.
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CITY PROPOSAL:
BE IT RESOLVED, by the City Council (the "City Council") of the city of Duluth, St. Louis County, Minnesota (the "City"), as follows:
Section 1. Purpose and Authorization.
1.01 The city, pursuant to the provisions of Minnesota Statutes, Sections 469.1812 to 469.1815, as amended (the "act"), is authorized to grant an abatement of the property taxes imposed by the city on a parcel of property, if certain conditions are met, through the adoption of a resolution specifying the terms of the abatement.
1.02 Duluth Partners MN LLC. owns or controls property in Outlot G of the Coffee Creek Development, PID 010-0606-01200, off of Coffee Creek Boulevard upon which it desires to construct approximately 35 units of both Assisted Living and Memory Care to assist in addressing an unfulfilled need for Senior Housing in the Duluth community (the "project"). Twenty (20%) of the units will be allocated for low-income people who are 65 years and older.
1.03 Pursuant to the act, on the date hereof, the City Council conducted a public hearing on the desirability of granting an abatement of property taxes on certain properties expected to be benefitted by the proposed project, which properties are identified on the list attached hereto exhibit A (the "properties"). Notice of the public hearing was duly published as required by law in the Duluth News Tribune, the official newspaper of the city, on July 5, 2019, which date is no fewer than 10 and no more than 30 days prior to the date hereof.
Section 2. Findings. On the basis of the information compiled by the city and elicited at the public hearing referred to in Section 1.03, it is hereby found, determined and declared:...
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