2008-04-21 Regular Council Minutes

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make certain payments in lieu of taxes; and pledging cooperation of the City Council and requesting various City officials, departments, boards and agencies of the City to cooperate and to exercise their respective powers in a manner consistent with the Plan. The Public Hearing was opened at 6:50 p.m. CITIZENS’ COMMENTS Joe Hahn, 7305 Olive Mr. Hahn owns and operates the Queensway Laundromat since 1975. He stated that he was in the dark as to what was happening. Mr. Hahn said that he was aware that the City has to help in relocation if it condemns the property but it the building owner sold the property to the City, they do not have to help in relocation. He noted that he had not received any notice of this Public Hearing. He felt the tenants should have received notification also. Mayor Adams declared the Public Hearing closed at 6:58 p.m. 2. An ordinance finding that a certain blighted area as defined in Section 99.320 RSMO, (the “Statute” being Sections 99.300 to 99.715 inclusive), exists in the City of University City (“City”) and containing a description of the boundaries of said blighted area, attached hereto and incorporated herein as “Exhibit 1” known as the Olive Boulevard and North and South Road Redevelopment Area (“Area”); finding that redevelopment and rehabilitation of the Area is in the interest of the public health, safety, morals and general welfare of the people of the City; approving the redevelopment plan for the Olive Boulevard and North and South Road Redevelopment Area, dated January 8, 2008, for the Area (“Plan”) incorporated herein by attached “Exhibit 2”, pursuant to Section 99.430 of the Statute; finding that there is a feasible financial plan for the development of the Area which affords maximum opportunity for development of the Area by private enterprise; finding that the Land Clearance for Redevelopment Authority (“LCRA”) may acquire properties within the Area; finding that the redeveloper shall be responsible for relocating any eligible occupants displaced as a result of implementation of the Plan; finding that financial aid may be necessary to enable the Area to be redeveloped in accordance with the Plan; finding that there shall be available an eight (8) year tax abatement; finding that the redeveloper shall make certain payments in lieu of taxes; and pledging cooperation of the City Council and requesting various City officials, departments, boards and agencies of the City to cooperate and to exercise . their respective powers in a manner consistent with the Plan This Public Hearing was opened at 7:00 p.m. There was not any public present to speak. Mayor Adams declared the Public Hearing closed at 7:02 p.m.