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HomeMy WebLinkAbout06-067 - ADMIN Resolution - City Council - 2006/03/20CITY OF ST. LOUIS PARK COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION NO. 06-067 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 DECERTIFICATION OF A PARCEL FROM THE HIGHWAY 7 TAX INCREMENT FINANCING DISTRICT AND THE ESTABLISHMENT OF THE HIGHWAY 7 CORPORATE CENTER TAX INCREMENT FINANCING DISTRICT (A REDEVELOPMENT DISTRICT) AND THE ESTABLISHMENT OF A HAZARDOUS SUBSTANCE SUBDISTRICT THEREIN AND THE 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 Heanng. This Council shall meet on May 15, 2006, 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 proposed decertification of parcel number 17-117-21-44-0065 from the Highway 7 Tax Increment Financing District and the establishment of the Highway 7 Corporate Center Tax Increment Financing District, (a redevelopment distnct), the establishment of a Hazardous Substance Subdistrict therein 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 to 469.1082 , and Sections 469.174 to 469.1799, 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 Plans. City staff is authorized and directed to work with Ehlers & Associates, Inc., to prepare a modification to the Redevelopment Plan for Redevelopment Project No. 1, the decertification of parcel number 17-117-21-44-0065 from the Highway 7 Tax Increment Financing Distnct and a Tax Increment Financing Plan for the Highway 7 Corporate Center Tax Increment Financing District and Hazardous Substance Subdistnct and to forward documents to the appropriate taxing junsdictions including County of Hennepin and Independent School Distnct No. 283. The City Clerk is authonzed and directed to cause notice of the hearing, together with an appropnate 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 Resolution No 06-067 -2- to May 15, 2006, and to place a copy of the Plans on file in the City Clerk's office at City �H 11 and to make such copy available for inspection by the public. Rev' ed for Administration Adopted by the City Council March 20, 2006. anager ATTEST: Clerk . a a Cit