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HomeMy WebLinkAbout99-127 - ADMIN Resolution - City Council - 1999/11/01RESOLUTION NO. 99-127 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON THE PROPOSED ESTABLISHMENT OF THE ZARTHAN AVE./16TH ST. TAX INCREMENT FINANCING DISTRICT WITHIN REDEVELOPMENT PROJECT NO. 1 AND THE PROPOSED ADOPTION OF THE TAX INCREMENT FINANCING PLAN THEREFOR. BE IT RESOLVED by the City Council (the "Council") for the City of St Louis Park, Minnesota (the "City"), as follows Section 1 Public Hearing This Council shall meet on Monday, December 20, 1999, at approximately 7 30 p m , to hold a public hearing on the proposed establishment of the Zarthan Ave /16th St Tax Increment Financing District, (a redevelopment district for the CSM/Rottlund Project), and the proposed adoption of a Tax Increment Financing Plan therefor, and the approval of a business subsidy, all pursuant to and in accordance with Minnesota Statutes, Sections 469 090 through 469 1081, inclusive, as amended, and Minnesota Statutes, Sections 469 174 through 469 179, inclusive, as amended, and Minnesota Statutes, Sections 116J 993 through 116J 995 in an effort to encourage the development and redevelopment of certain designated areas within the City, and Section 2 Notice of Public Hearing, Filing of Plan and Program City staff is authorized and directed to work with Ehlers and Associates, Inc , to prepare the Tax Increment Financing Plan (the "Plan") and to forward documents to the appropriate taxing jurisdictions including Hennepin County and Independent School District No 283 The City Manager is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days prior to December 20, 1999, and to place a copy of the Plan and Program on file in the City Manager's office at City Hall and to make such copy available for inspection by the public Revievi by administration ity Manager ATTEST Ci' Clerk Adopted by th City C+< ncN vember 1, 1999