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Home My WebLink About6.k. Bioscience Zone ApplicationAGENDA ITEM: Bioscience Zone Application AGENDA SECTION: Consent Add On PREPARED BY: Kim Lindquist, Community Development Director AGENDA NO. 6, k. ATTACHMENTS: Resolution APPROVED BY: RECOMMENDED ACTION: Approve Bioscience Zone Resolution �C ROSEMOUNT CITY COUNCIL City Council Regular Meeting October 17, 2006 EXECUTIVE SUMMARY BACKGROUND On September 19, 2006, the City Council approved a resolution in support of the Bioscience Zone application and use of tax benefits for designated properties as illustrated to the Council The City of Rosemount is the apphcant for the Dakota Goodhue Btoscience Zone application, together with the Dakota County CDA as zone adnumstrator. The Department of Employment and Economic Development requires approval by the City Council for the City of Rosemount to act as apphcant and give authorization to execute agreements necessary to implement zone designation This resolution is required in addition to the one already approved, supporting the Bioscience zone apphcation. RECOMMENDATION Staff recommends the City Council approve the attached resolution in support of the City of Rosemount acting as applicant for the Bioscience Zone, together with the Dakota County CDA as zone administrator, and executing any agreements as are necessary to implement zone designation on behalf of the applicant and Subzone participants. CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2006- A RESOLUTION APPROVING THE CITY OF ROSEMOUNT TO ACT AS APPLICANT TOGETHER WITH THE DAKOTA COUNTY CDA AS ZONE ADMINISTRATOR FOR THE DAKOTA GOODHUE BIOSCIENCE ZONE AND EXECUTE AGREEMENTS NECESSARY TO IMPLEMENT ZONE DESIGNATION WHEREAS The Minnesota Legislature found in Minnesota Session Laws 2003, 1ss Special Session, Chapter 21, Arucle 2, as a matter of public pohcy, that biotechnology and the health sciences hold immense promise m improving the quahty of our lives, including curing diseases, making our foods safer and more abundant, reducing our dependence on fossil fuels and foreign oil, making better use of Minnesota agriculture products, and growing tens of thousands of new, high -paying jobs. WHEREAS The Minnesota Legislature Minnesota Session Laws 2006 Regular Session Chapter 276 (S.F No. 3260) granted to the Minnesota Department of Employment and Economic Development the authority, in collaboration with the Minnesota Department of Revenue and the Office of Strategic and Long Range Planning, to designate one or more Biotechnology and Health Sciences Industry Zones. WHEREAS the legislature further found that there are hundreds of discoveries made each year at the University of Minnesota, the Mayo Clime, and other research msutuuons that, if properly commerciahzed, could help provide these benefits. WHEREAS the Bioscience Program created in Minnesota Session Laws 2003, lac Special Session, Chapter 21, Arucle 2 allows for the formation of a Bioscience Zone. BE IT RESOLVED that the City of Rosemount as applicant with the Dakota County CDA as zone administrator shall act as the legal sponsor and Bioscience Zone Administrator for the Dakota Goodhue Bioscience Zone proposed in the application submitted to the Department of Employment and Economic Development on October 16, 2006. BE IT FURTHER RESOLVED that upon Zone designation by the state, the City of Rosemount and the Dakota County CDA may enter into necessary agreements with the State of Minnesota, and that the City of Rosemount and the Dakota County CDA certifies that it will comply with all applicable laws and regulations as stated in all contract agreements, including the Business Subsidy Law under §§116J.993- 116J.995. NOW, THEREFORE, BE IT RESOLVED that the City of Rosemount as applicant, together with the Dakota County CDA, as zone administrator, are hereby authorized to execute such agreements as are necessary to implement zone designation on behalf of the apphcant and Subzone participants. ADOPTED this 17th day of October, 2006 by the City Council of the City of Rosemount. William H Droste, Mayor AT TEST: Amy Domeier, City Clerk RESOLUTION 2006 Motion by: Second by: Voted in favor: Voted against Member absent: 2 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 2006 A RESOLUTION REGARDING DEFERRED SPECIAL ASSESSMENTS WHEREAS, Minnesota Statutes, sections 435.193 through 435 195 authonze the City of Rosemount to defer the payment of special assessments against any homestead property for certain citizens; and WHEREAS, said deferment of assessment may be permitted at the discretion of the City Council; and, WHEREAS, the City Council of the City of Rosemount finds and determines that deferral of special assessments for certain citizens is in the pubhc interest, and WHEREAS, it is necessary and proper that the City Council set forth its general policies and guidelines for granting such deferments. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ROSEMOUNT, MINNESOTA: 1. The City Council adopts this policy- for deferment of special assessments for cinzens who are 65 years of age or older or who are retired due to a permanent and total disability and for whom it would be a hardship to make the payments. 2. The Council may defer the payment of any special assessment on homestead property when payment of the assessment would create a financial hardship upon the property owner as defined to this Resolution. 3. The deferment may be granted upon an application by the owner on a form provided by the City, to establish the qualifications of the owner for said deferment. If the deferment is granted, the City Administrator shall notify the County Auditor who shall, in accordance with Minnesota Statute 435.194, record a nonce of the deferment with the County Recordei setting for the amount of the assessment. All deferments shall be subject to renewal each following year upon the filing of a similar application not later than August 15. The standard for renewal shall be the sane standard as for granting the ongmal deferment. The City Administrator shall either grant or deny the deferment, and if it is granted, the deferred assessment shall bear interest at the rate established in the resolution adopung the assessment 4 A hardship shall be deemed prima facie to exist, and the deferment may be approved by the City Adminstrator, when all of the following apply: A. The amount of the annual installment of the special assessment exceeds 3% of the combined gross income of the applicant, spouse and family members living in the homestead; and 297395v2 CLL RS215 -3 r 5. Renrement by reason of permanent and total disability shall be deemed prima facie to exist when the applicant presents a sworn affidavit by a licensed medical doctor attesting that the applicant is unable to be gainfully employed because of a permanent and total disability 6. The option to defer the payment of special assessments shall terminate and all amounts accumulated plus applicable interest shall become due upon the occurrence of any of the following events: A. The death of the owner when there is no spouse who is eligible for deferment; B. The sale, transfer, or subdivision of all or any part of the property; C. Loss of homestead status on the property; D. Detemiinatton for any reason that a financial hardship no longer exists; or E. Failure to file a renewal application within the time prescribed by Paragraph 3. ADOPTED this 17th day of October, 2006. ATTEST: B. The annual installment of the special assessment to be deferred exceeds $400.00; and C. The net assets of the applicant and spouse, excluding equity in the homestead (County Assessor's estimated market value less hens and mortgages on the homestead) do not exceed $10,000. Notwithstanding the foregoing provisions of this paragraph, the City may consider exceptional and unusual circumstances pertaining to an applicant not covered by the above standards, but any determmauon shall be made in a non- discrumnatory manner and shall not give the applicant an unreasonable preference or advantage over the other applicants. Amy Domeier, City Clerk Motion by: Second by: Voted m favor Voted against: 297395v2 CLL RS215.3 2 William H. Droste, Mayor RESOLUTION 2006