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HomeMy WebLinkAbout07-108 - ADMIN Resolution - City Council - 2007/10/010 CITY OF ST. LOUIS PARK HENNEPIN COUNTY STATE OF MINNESOTA L RESOLUTION NO. 07-108 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE RE t EVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE PROPOSED ESTABLISHMENT OF THE WEST END TAX INCREMENT FINANCING DISTRICT 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 November 19, 2007, at approximately 7:30 P.M., to hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan for Redevelopment Project No. 1, the proposed establishment of the West End Tax Increment Financing District, (a redevelopment district), and the proposed adoption of a Tax Increment Financing Plan therefor, 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, 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 and a Tax Increment Financing Plan for the West End Tax Increment Financing Distract and to forward documents to the appropriate taxing jurisdictions including Hennepin County and Independent School District No. 283. The City Clerk is authorized and directed to cause notice of the hearing, together with an appropriate map as ' ed by law, to be published at least once in the official newspaper of the City not later than 10, no ore than 30, days prior to November 19, 2007, and to place a copy of the Plans on file in the $ ty Clerk's office at City Hall and to make such copy available for inspection by the ublic. Revi d or Administration City ATT t Clerk A +pted by the Ci Council October 1, 2007 May Resolution No. 07-108 -2- SCHEDULE OF EVENTS ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 October 1, 2007 October 1, 2007 AND THE ESTABLISHMENT OF THE WEST END TAX INCREMENT FINANCING DISTRICT (a redevelopment district) (draft as of August 27, 2007) EDA requests that the City Council call for a public heanng City Council calls for a public hearing. October 2, 2007 Project information (property identification numbers and legal descnptions, detailed project descnption, maps, but/for statement, and list of sources and uses of funds) for drafting necessary documentation sent to Ehlers. October 2, 2007 Ehlers confirms with the City whether building permits have been issued on the property to be mcluded in the TIF Distnct October 5, 2007 County receives TIF Plan for review for County Road impacts (45 days pnor to public heanng). October 9, 2007 Letter received by County Commissioner givmg notice of potential redevelopment tax increment financing distnct (at least 30 days pnor to publication of public hearing notice) [Ehlers will fax and mail on or before October 9, 2007] October 19, 2007 Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days pnor to public heanng). [Ehlers will fax & mail on or before October 19, 2007] October 24, 2007 Planning Commission reviews Plans to determine if they are in compliance with City's comprehensive plan and adopts a resolution approving the Plans. October 24, 2007 Ehlers conducts internal review of the Plans November 8, 2007 Date of publication of hearing notice and map (at least 10 days but not more than 30 days pnor to hearing). [Ehlers will e-mail notice & map to the St Louis Park Sun Sailor on November 1, 2007 at sunlegals@acnpapers.com] November 19, 2007 EDA adopts a resolution approving the Plans. November 19, 2007 City Council holds public hearing at 7 30 p.m on a Modification to the Redevelopment Plan for Redevelopment Project No. 1, the establishment of the Duke Redevelopment Tax Increment Financing District and passes resolution approving the Plans. [Ehlers will email Council packet information to the City on November 12, 2007] , 2007 City authorizes Ehlers to request certification of the TIF District , 2007 Ehlers requests certification of the TIF District from the state and county. An action under subdivision 1, paragraph (a), contesting the validity of a determination by an authonty under section 469 175, subdivision 3, must be commenced within the later of (1) 180 days after the municipality's approval under section 469 175, subdivision 3, or (2) 90 days after the request for certification of the district is filed with the county auditor under section 469 177, subdivision l