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HomeMy WebLinkAbout04-074 - ADMIN Resolution - City Council - 2004/06/07RESOLUTION NO. 04-074 • RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1, THE PROPOSED ESTABLISHMENT OF THE ELMWOOD VILLAGE TAX INCREMENT FINANCING DISTRICT, AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR. 0 BE IT RESOLVED by the City Council (the "Council") for the City of St. Louis Park, Minnesota (the "City"), as follows: Section 1. Public Heanng. This Council shall meet on August 2, 2004, at approximately 7 30 P.M., to hold a public heanng on the proposed adoption of a Modification to the Redevelopment Plan for Redevelopment Project No. 1 (the "Redevelopment Plan Modification"), the proposed establishment of the Elmwood Village Tax Increment Financing District (a renewal and renovation district), and the proposed adoption of a Tax Inclement Financing Plan (the "TIF Plan") therefore (the Redevelopment Plan Modification, and TIF Plan are referred to collectively herein as the "Plans"), all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 to 469 134, and Sections 469.174 to 469.1799, inclusive, as amended, 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 the Plans. City staff is authorized and directed to work with Ehlers & Associates, Inc , to prepare the Plans and to forward documents to the appropriate taxing jurisdictions including Hennepin County and St Louis Park School Distnct No 283 The City Clerk is authorized and directed to cause notice of the heanng, togethei 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 pnor to August 2, 2004, and to place a copy of the Plans on file in the Economic Development Coordinator's office at City Hall and to ke such copy available for inspection by the public ReNiewed for Administration Tom Harm ATTEST: g, City Manager Nanc Stroth e g CityClerk Y P y Ado ted by the City Council June 7, 2004: