HomeMy WebLinkAbout11-119 - ADMIN Resolution - City Council - 2011/12/051
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RESOLUTION NO. 11-119
RESOLUTION CALLING FOR A PUBLIC HEARING ON A
MODIFICATION TO THE REDEVELOPMENT PLAN FOR
REDEVELOPMENT PROJECT NO. 1, ESTABLISHMENT OF THE OAK
HILL II 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 January 17, 2012, 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 Oak Hill II 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 authonzed 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 January 17, 2012, and to
ce a copy of the Modification and TIF Plan on file in the City Clerk's office at City Hall and
to m. • e such copy available for inspection by the public.
Revie efor
ministration
Ad
by the City Council December 5, 2011
City
Attest:
City Clerk
Mayo