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HomeMy WebLinkAbout13-039 - ADMIN Resolution - City Council - 2013/03/18• • RESOLUTION NO. 13-039 RESOLUTION CALLING FOR A PUBLIC HEARING ON A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1, ESTABLISHMENT OF THE ELIOT PARK TAX INCREMENT FINANCING DISTRICT, AND ADOPTION OF A TAX INCREMENT FINANCING PLAN FOR THE DISTRICT 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 May 6, 2013, 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 Eliot Park Tax Increment Financing 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 appropnate 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 May 6, 2013, and to place copies of the Modification and TIF Plan on file in the City Clerk's office at City Hall and to make such copies available for public inspection. Review : d • r ministration 11/111 City Merge Attest: 'y1 City Cler1646 Adopteby the City Council March 18, 2013 Mayor