HomeMy WebLinkAbout06-24 - ADMIN Resolution - Economic Development Authority - 2006/12/04ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
EDA RESOLUTION NO. 06-24
RESOLUTION REQUESTING THAT THE CITY COUNCIL OF THE
CITY OF ST. LOUIS PARK CALL FOR A PUBLIC HEARING ON THE
PROPOSED ADOPTION OF A MODIFICATION TO THE
REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1
AND THE PROPOSED MODIFICATION OF THE PARK CENTER
BOULEVARD HOUSING, EXCELSIOR BOULEVARD, OAK PARK
VILLAGE AND HIGHWAY 7 TAX INCREMENT FINANCING
DISTRICTS.
BE IT RESOLVED, by the Board of Commissioners (the "Board") of the St. Louis Park
Economic Development Authority, St. Louis Park, 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, 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 a Modification to the Redevelopment Plan for
Redevelopment Project No. 1, and a modification to the Tax hicrement Financing Plans for the
Park Center Boulevard Housing, Excelsior Boulevard, Oak Park Village and Highway 7 Tax
Increment Financing Districts, pursuant to, and in accordance with, Minnesota Statutes, Sections
469.090 to 469.1082 and Sections 469.174 to 469.1799, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
The EDA hereby requests that the Council call for a public hearing on January 16, 2007, to
consider the proposed adoption of a Modification to the Redevelopment Plan for
Redevelopment Project No. 1, and the proposed adoption of a modification to the Tax
Increment Financing Plans for the Park Center Boulevard Housing, Excelsior Boulevard,
Oak Park Village and Highway 7 Tax Increment Financing Districts (referred to herein as
the "Modifications") 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 Modifications to the
Planning Commission of the City and requests the Planning Commission's written opinion
indicating whether the proposed Modifications are in accordance with the Comprehensive
Plan of the City, prior to the date of the public hearing.
The Executive Director of the EDA is hereby directed to submit a copy of the Modifications
to the Council for its approval.
4. The EDA directs the Executive Director to transmit the Modifications to the county and the
school district in which the Park Center Boulevard Housing, Excelsior Boulevard, Oak Park
Village and Highway 7 TIF Districts are located no later than December 15, 2006.
EDA Resolution 06-24
-2-
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the
Modifications and related documents and to undertake other actions necessary to bring the
Modifications before the Council.
Reviewed for Administration:
I_
Ex)seutpV Director
Attest
�/.Iita r�illl X1�-8-/T
Secretary
Adopted by the Economic Development
Authority December 4, 2006
President
EDA Resolution 06-24 -3-
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 MODIFICATION OF THE
PARK CENTER BOULEVARD HOUSING TAX INCREMENT FINANCING DISTRICT
(a housing district)
November 27, 2006 City Council Study Session.
December 4, 2006 EDA requests that the City Council call for a public hearing.
December 4, 2006 City Council calls for a public hearing on a Modification to the
Redevelopment Plan for Redevelopment Project No. 1 and the modification
of the Park Center Boulevard Housing Tax Increment Financing District.
December 5, 2006 Letter received by County Commissioner giving notice of potential
modification (at least 30 days prior to publication of public hearing notice).
[Ehlers will fax and mail by December 1, 2006]
December 15, 2006 Fiscal/economic implications received by School Board Clerk and County
Auditor (at least 30 days prior to public hearing). [Ehlers & Associates will
fax & mail by December 13, 20061
December 29, 2006 Ehlers & Associates conducts internal review of the Modifications.
January 3, 2007 Plam ng Commission reviews Modifications to determine if they are in
compliance with City's comprehensive plan and adopts a resolution
approving the Modifications.
January 4, 2007 Date of publication of hearing notice and snap (at least 10 days but not more
than 30 days prior to hearing). [Ehlers & Associates will e-mail notice &
map to the Sun Sailor by December27, 2006]
January 16, 2007 EDA adopts a resolution approving the Modifications.
January 16, 2007 City Council holds public hearing at 7:30 p.m. on a Modification to the
Redevelopment Plan for Redevelopment Project No. 1 and the modification
of the Park Center Boulevard Housing Tax Increment Financing District and
passes resolution approving the Modifications. [Ehlers & Associates will
email Council packet information to the City by January 9, 2007]
Ehlers & Associates files Modifications with the MN Department of
Revenue, OSA and Hennepin County.
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,
subdivision).
FREERS
b ASSOCIATES INC