HomeMy WebLinkAbout90-24 - ADMIN Resolution - City Council - 1990/02/20f
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RESOLUTION NO. 90-24
RESOLUTION CALLING PUBLIC HEARING ON THE PROPOSED
MODIFICATION BY THE CITY COUNCIL OF THE HIGHWAY 7
DEVELOPMENT DISTRICT AND MODIFICATION OF THE
DEVELOPMENT PROGRAM FOR THE HIGHWAY 7 DEVELOPMENT
DISTRICT; THE PROPOSED MODIFICATION OF THE TAX
INCREMENT PLAN FOR TAX INCREMENT FINANCING DISTRICT
NO. 85-1; THE PROPOSED MODIFICATION OF THE EXCELSIOR
BOULEVARD REDEVELOPMENT PROJECT AND MODIFICATION OF
THE EXCELSIOR BOULEVARD REDEVELOPMENT PLAN; THE
PROPOSED ADOPTION OF THE TAX INCREMENT FINANCING
PLAN FOR THE EXCELSIOR BOULEVARD TAX INCREMENT
FINANCING DISTRICT; THE PROPOSED MODIFICATION OF THE
OAK PARK VILLAGE REDEVELOPMENT PROJECT AND
MODIFICATION OF THE OAK PARK VILLAGE REDEVELOPMENT
PLAN; AND THE PROPOSED ADOPTION OF THE TAX INCREMENT
FINANCING PLAN FOR THE OAK PARK VILLAGE TAX
INCREMENT FINANCING DISTRICT;
BE IT RESOLVED by the City Council of the of St. Louis Park
(the "City"), as follows:
Section 1. Public Hearing. The City Council shall meet on
the 19th day of March, 1990, at approximately 7:30 p.m., to hold
a public hearing on the following matters: (a) the proposed
modification by and increase in the geographical area of the
Highway 7 Development District, together with modifications to
the Development Program for the Highway 7 Development District to
reflect such geographical changes; (b) the proposed modification
by an increase in project costs of the Tax Increment Financing
District No. 85-1; (c) the proposed modification by an increase
in geographical area of the Excelsior Boulevard Redevelopment
Project, together with modification to the Excelsior Boulevard
Redevelopment Plan to reflect such geographic changes; (d) the
proposed adoption of the Tax Increment Financing Plan for the
Excelsior Boulevard Tax Increment Financing District; (e) the
proposed modification by an increase in geographical area of the
Oak Park Village Redevelopment Plan; and (f) the proposed
adoption of the Tax Increment Financing Plan for the Oak Park
Village Tax Increment Financing District; all pursuant to and in
accordance with Minnesota Statutes, Sections 469.124-134,
inclusive, as _.amended, and Minnesota Statutes,—Sections
469.174-179, inclusive, as amended and Minnesota Statutes,
Sections 469.001-047, inclusive, as amended.
Section 2. Notice of Hearing; Filing of Program. The City
Manager is authorized and directed to cause notice of the
hearing, substantially in the form attached hereto as Exhibit A,
to be given as required by law, to place a copy of the proposed
Modified Development Programs, proposed Redevelopment Plans, and
Modified Tax Increment Financing Plans for Tax
Increment Financing District No. 85-1 and the Excelsior Boulevard
and Oak Park Village Tax Increment Financing Districts on file in
the City Manager's Office at City Hall and to make such copy
available for inspection by the public.
Adopted by the City Council of the City of St. Louis Park on
February 20, 1990.
Od ALK--,(6-
Mayor
ATTEST:
czsi a 1..dienrs-----
Clerk
(SEAL)
Reviewed by Administration: Approved as to form and
execution:
Gri, /0/X41 Sutatt SA -5mtwab
City Manager City Attorney
ZJSS/52/iii
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