HomeMy WebLinkAbout10-133 - ADMIN Resolution - City Council - 2010/11/15•
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CITY OF ST. LOUIS PARK
RESOLUTION NO. 10-133
RESOLUTION CALLING FOR A PUBLIC HEARING ON A
MODIFICATION TO THE REDEVELOPMENT PLAN FOR
REDEVELOPMENT PROJECT NO. 1, ESTABLISHMENT OF THE
HARDCOAT TAX INCREMENT FINANCING DISTRICT, AND THE
ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR.
BE IT RESOLVED by the City Council (the "Council") of the City of St. Louis Park,
Minnesota (the "City"), as follows:
Section 1. Public Hearing. This Council shall meet on December 20, 2010, at
approximately 7:30 P.M., to hold a public hearing on a proposed modification to the
Redevelopment Plan for Redevelopment Project No. 1 (the "Modification"), the proposed
establishment of the Hardcoat Tax Increment Financing District (an economic development
district) (the "TIF District"), and the proposed adoption of a Tax Increment Financing Plan for
the TIF District (the "TIF Plan"), pursuant to Minnesota Statutes, Sections 469.090 to 469.1082
and Sections 469.174 to 469.1799, as amended.
Section 2. Notice of Public Hearing, Filing of Plans. City staff and consultants are
directed and authorized to prepare the Modification and TIF Plan and to forward such 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 required by law, to be published at least once in the official
newspaper of the City not less than 10, nor more than 30, days prior to December 20, 2010, and
t• p • , ea copy of the Modification and TIF Plan on file in the City Clerk's office at City Hall
e such copy available for inspection by the public.
Attest:
City Clerk d
Adopted-the City Council November 15, 2010
Mayor
Resolution No. 10-133 -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
AND THE ESTABLISHMENT OF THE
HARDCOAT TAX INCREMENT FINANCING DISTRICT
(an economic development district established under the 2010
Laws of Minnesota, Chapter 216, H.F. No. 2695, Section 31)
November 8, 2010
Project information (property identification numbers and legal descriptions,
detailed project description, maps, but/for statement, and list of sources
and uses of funds) for drafting necessary documentation sent to Ehlers.
November 15, 2010 EDA requests that the City Council call for a public hearing.
November 15, 2010 City Council calls for a public hearing.
November 17, 2010 Ehlers confirms with the City whether building permits have been issued
on the property to be included in the TIF District.
NA County receives TIF Plan for review for 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 public hearing
November 19, 2010 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 November 19, 2010]
November 22, 2010 Ehlers conducts internal review of the Plans.
December 9, 2010 Date of publication of hearing notice and map (at least 10 days but not
more than 30 days prior to hearing). [Ehlers will submit notice & map to
the St. Louis Park Sun Sailor on or before December 2, 2010 at
sunlegals@acnpapers. com]
December 15, 2010 Planning Commission reviews Plans to determine if they are in
compliance with City's comprehensive plan and adopts a resolution
approving the Plans.
Resolution No. 10-133 -3-
SCHEDULE OF EVENTS — PAGE 2
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
AND THE ESTABLISHMENT OF THE
HARDCOAT TAX INCREMENT FINANCING DISTRICT
(an economic development district established under the 2010
Laws of Minnesota, Chapter 216, H.F. No. 2695, Section 31)
December 20, 2010 EDA adopts a resolution approving the Plans.
December 20, 2010 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 Hardcoat Economic Dvelopment Tax Increment Financing District
and passes resolution approving the Plans. [Ehlers will email Council
packet information to the City on December 13, 2010]
December 21, 2010 City can issue building permits.
, 2010 City authorizes Ehlers to request certification of the TIF District.
Before June 30, 2011 Ehlers requests certification of the TIF District from the state and county.
Before July 1, 2011 Construction of project begins.
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, subdivisionl