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Home My WebLink About07-11 - ADMIN Resolution - Economic Development Authority - 2007/10/01ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY CITY OF ST. LOUIS PARI{ HENNEPIN COUNTY, STATE OF MINNESOTA EDA RESOLUTION NO. 07-11 RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF ST. LOUIS PARK CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF THE WEST END TAX INCREMENT FINANCING DISTRICT (A REDEVELOPMENT DISTRICT). BE IT RESOLVED, by the Board of Commissioners (the "Board") of the St. Louis Park Economic Development Authority, Minnesota (the "EDA") as follows: WHEREAS, the City Council (the "Council") of the City of St. Louis Park, Minnesota (the "City") established Redevelopment Project No. 1 pursuant to Minnesota Statutes, Minnesota Statutes, 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 WHEREAS, the EDA is proposing the modification of Redevelopment Project No. 1 and the establishment of the West End Tax Increment Financing District, pursuant to, and in accordance with, Minnesota Statutes, Sections 469.174 to 469.1799 and Sections 469.090 to 469.1082, inclusive, as amended; NOW, THEREFORE BE IT RESOLVED by the Board as follows: 1. The EDA hereby requests that the Council call for a public hearing on November 19, 2007 to consider the proposed adoption of the Modification to the Redevelopment Plan for Redevelopment Project No. 1 and the proposed adoption of the Tax Increment Financing Plan for the West End Tax Increment Financing District (collectively, the "Plans") and cause notice of said public hearing to be given as required by law. 2. The EDA directs the Executive Director to transmit copies of the Plans to the Planning Commission of the City and requests the Planning Commission's written opinion indicating whether the proposed Plans are in accordance with the Comprehensive Plan of the City, prior to the date of the public hearing. 3. The Executive Director of the EDA is hereby directed to submit a copy of the Plans to the Council for its approval. 4. The EDA directs the Executive Director to transmit the Plans to the county and the school district(s) in which the West End Redevelopment Tax Increment Financing District is located not later than October 19, 2007. 5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plan and related documents and to undertake other actions necessary to bring the Plan before the Council. Resolution No. 07-11 -2- by the Board of Commissioners of the St. Louis Park Economic Development this 1st day of October 2007. inistration: Q., . . Cl} Lcz ALF` President ATTEST: EDA Resolution No. 07-11 -3- SCIIEDULE 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 WEST END TAX INCREMENT FINANCING DISTRICT (a redevelopment district) (draft as of August 27, 2007) October 1, 2007 EDA requests that the City Council call for a public hearing. October 1, 2007 City Council calls for a public hearing. October 2, 2007 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. October 2, 2007 Ehlers confirms with the City whether building permits have been issued on the property to be included in the TIF District. October 5, 2007 County receives TIF Plan for review for County Road impacts (45 days prior to public hearing). October 9, 2007 Letter received by County Commissioner giving notice of potential redevelopment tax increment financing district (at least 30 days prior to publication of public hearing notice). [Ehlers will fax and mail on or before October 9, 2007] October 19, 2007 Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days prior to public hearing). [Ehlers will fax & mail on or before October 19, 2007] October 24, 2007 Planning Commission reviews Plans to determine if they are in compliance with City's comprehensive plan and adopts a resolution approving the Plans. October 24, 2007 Ehlers conducts internal review of the Plans. November 8, 2007 Date of publication of hearing notice and map (at least 10 days but not more than 30 days prior to hearing). [Ehlers will e-mail notice & map to the St. Louis Park Sun Sailor on November 1, 2007 at sunlegals@acnpapers. coin] November 19, 2007 EDA adopts a resolution approving the Plans. November 19, 2007 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 Duke Redevelopment Tax Increment Financing District and passes resolution approving the Plans. [Ehlers will email Council packet information to the City on November 12, 20071 , 2007 City authorizes Ehlers to request certification of the TIF District. , 2007 Ehlers requests certification of the TIF District from the state and county. M action under subdivision 1, pamgnph (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].