HomeMy WebLinkAbout15-139 - ADMIN Resolution - City Council - 2015/10/05•
•
RESOLUTION NO. 15-139
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 ESTABLISHMENT OF THE 4900
EXCELSIOR 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 Hearing. This Council shall meet on November 16, 2015, 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 establishment of the
4900 Excelsior Tax Increment Financing Distnct, 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 1794, 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 authonzed and directed
to work with Ehlers to prepare a Modification to the Redevelopment Plan for Redevelopment
Project No. 1 and a Tax Increment Financing Plan for the 4900 Excelsior Tax Increment
Financing Distnct and to forward documents to the appropnate taxing junsdictions including
Hennepin County and Independent School Distnct No 283 The Economic Development
Coordinator is authorized and directed to cause notice of the hearing, together with an
appy• • , to map as required by law, to be published at least once in the official newspaper of the
City of 1 ter than 10, nor more than 30, days prior to November 16, 2015, and to place a copy of
the Plans on file in the Economic Development Coordinator's office at City Hall and to make
such copy : vaila 1e for inspection by the public.
Review
inistration.
City Man ger
Adopted - the ity uncal on October 5, 2015
Mayor