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HomeMy WebLinkAbout08-014 - ADMIN Resolution - City Council - 2008/02/19so 0 CITY OF ST. LOUIS PARK COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION NO. 08-014 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 AND THE PROPOSED ADOPTION OF A MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR THE VICTORIA PONDS TAX INCREMENT FINANCING DISTRICT, A REDEVELOPMENT DISTRICT. 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 April 7, 2008, 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 and the proposed adoption of a Modification to the Tax Increment Financing Plan for the Victoria Ponds Tax Increment Financing District, which are referred to collectively herein as the "Modifications", 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 Modifications. City staff is authorized and directed to work with Ehlers & Associates, Inc., to prepare the Modifications 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 April 7, 2008, and to place a copy of the Modifications on file in the City Manager's office at City Hall and to make such copy available for inspection by the public. Reviewed for Administration Attest: City Clerk Adopted the City Council February 19, 2008. Mayor 7 HA Resolution No. 08-014 -2- SCHEDULE OF EVENTS CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE MODIFICATION OF THE TAX INCREMENT FINANCING PLAN FOR THE VICTORIA PONDS TAX INCREMENT FINANCING DISTRICT (a redevelopment district) February 19, 2008 (draft as of February 5, 2008) EDA meets and requests the City Council to call for a public hearing on the Modification to the Redevelopment Plan for Redevelopment Project No. 1 and the Modification of the Tax Increment Financing Plan for the Victoria Ponds Tax Increment Financing District. February 19, 2008 City Council meets at 7:30 p.m. and calls for a public hearing for the Modification to the Redevelopment Plan for Redevelopment Project No. 1 and the Modification of the Tax Increment Financing Plan for the Victoria Ponds Tax Increment Financing District. N/A* Project information submitted to the County Board for review of county road impacts (at least 45 days prior to public hearing). *The County Board, by law, has 45 days to review the TIF Plan to determine if any county roads will be impacted by the development. Because the City staff believes that the proposed tax increment financing district will not require unplanned county road improvements, the TIF Plan will not be forwarded to the County Board 45 days prior to the public hearing. Please be aware that the County Board could claim that tax increment should be used for county roads, even after the pubhc hearing. February 26, 2008 Letter received by County Commissioner giving notice of potential modification to a redevelopment tax increment financing district (at least 30 days prior to publication of public hearing notice). [Ehlers will fax and mail on or before February 26, 2008] March 7, 2008 Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days prior to public hearing). (Ehlers will fax and mail on or before March Z 2008] March 19, 2008 Planning Commission reviews Plans to determine if they are in compliance with City's comprehensive plan. Resolution No. 08-014 -3- SCHEDULE OF EVENTS - PAGE TWO CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA FOR THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE MODIFICATION OF THE TAX INCREMENT FINANCING PLAN FOR THE VICTORIA PONDS TAX INCREMENT FINANCING DISTRICT (a redevelopment district) March 27, 2008 April 7, 2008 Date of publication of hearing notice and map for the modification of the TIF District (at least 10 days but not more than 30 days prior to hearing). [St. Louis Park Sun Sailor publication deadline: March 20, 2008 by noon. Ehlers will submit notice, map, and instructions via email (sunlegalsna acnpapers. com) on or before March 20, 2008 at noon.] EDA meets at 7:00 p.m. and considers resolution approving the Modification to the Redevelopment Plan for Redevelopment Project No. 1 and the Modification of the Tax Increment Financing Plan for the Victoria Ponds Tax Increment Financing District. [Ehlers e-mails Board packet information to the City by March 31, 2008] April 7, 2008 City Council holds public hearing at 7:30 P.M. on the Modification to the Redevelopment Plan for Redevelopment Project No. 1 and the Modification of the Tax Increment Financing Plan for the Victoria Ponds Tax Increment Financing District and considers a resolution approving the Plans. [Ehlers will email council packet to the City by March 31, 2008] , 2008 Ehlers & Associates files Modifications with the state and county. ** The County Board, by law, has 45 days to review the plan to determine if any county roads will be impacted by the development Please be aware that the County Board could claim that tax increment should be used for counry roads An action under subdivision 1, paragraph (a), contesting the validity of a determination by an authority 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 1. • • •