HomeMy WebLinkAbout06-07 - ADMIN Resolution - Economic Development Authority - 2006/03/20ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
CITY OF ST. LOUIS PARK
COUNTY OF HENNEPIN, STATE OF MINNESOTA
EDA RESOLUTION NO. 06-07
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,
THE DECERTIFICATION OF A PARCEL FROM THE HIGHWAY
7 TAX INCREMENT FINANCING DISTRICT AND THE
ESTABLISHMENT OF THE HIGHWAY 7 CORPORATE CENTER
TAX INCREMENT FINANCING DISTRICT (A
REDEVELOPMENT DISTRICT) AND THE ESTABLISHMENT OF
A HAZARDOUS SUBSTANCE SUBDISTRICT THEREIN AND
THE ADOPTION OF THE TAX INCREMENT FINANCING PLAN
THEREFOR.
BE IT RESOLVED, by the Board of Commissioners (the 'Board") of the City of 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, 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, the decertification of parcel number 17-117-21-44-0065 from the Highway 7 Tax
Increment Financing District and the establishment of the Highway 7 Corporate Center
Tax Increment Financing District, the establishment of Hazardous Substance Subdistrict
therein and the proposed adoption of a Tax Increment Financing Plan therefor, 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 May 15, 2006
to consider the proposed adoption of the modification to the Redevelopment Plan for
Redevelopment Project No. 1, the decertification of parcel number 17-117-21-44-
0065 from the Highway 7 Tax Increment Financing District, the proposed adoption
of the Tax Increment Financing Plan for the Highway 7 Corporate Center Tax
Increment Financing District and Hazardous Substance Subdistrict (collectively, the
"Plans") and cause notice of said public hearing to be given as required by law.
EDA Resolution No. 06-07 -2-
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 Highway 7 Corporate Center Tax Increment Financing
District is located not later than April 14, 2006.
5. Staff and consultants are authorized and directed to take all steps necessary to
prepare the Plans and related documents and to undertake other actions necessary to
bring the Plans before the Council.
Approved by the Board of Commissioners of the St, Louis Park Economic Development
Authority this
20th day of March 2006.
for Administration:
'-"Q a'd-
President
ATTEST:
EDA Resolution No. 06-07
-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
THE DECERTIFICATION OF A PARCEL FROM THE
HIGHWAY 7 TAX INCREMENT FINANCING DISTRICT
AND THE ESTABLISHMENT OF THE
HIGHWAY 7 CORPORATE CENTER TAX INCREMENT FINANCING
DISTRICT
AND A HAZARDOUS SUBSTANCE SUBDISTRICT
(a redevelopment district)
AND THE AWARDING OF A BUSINESS SUBSIDY
March 20, 2006 EDA requests that the City Council call for a public hearing.
March 20, 2006
City Council calls for a public.
March 20, 2006
Project information (property identification numbers and lea
descriptions, detailed project description, maps, but/tor
statement, and list of sources and uses of funds) for drafting
necessary documentation sent to Ehlers & Associates. Ehlers
& Associates confirms with the City whether buildingpermits
have been issued on the property to be included in the TIF
District.
March 31, 2006
Project information submitted to the County Board for review
of county road impacts (at least 45 days prior to public
hearing). [Ehlers will fax & mail by March 29, 20061
April 4, 2006
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 by March 31, 2006]
April 14, 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 April 12, 2006]
May 1, 2006
Ehlers & Associates conducts internal review of the Plans.
May 4, 2006
Date of publication of hearing notice and map (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 April
27, 2006]
May 3, 2006
Planning Commission reviews Plans to determine if they are in
compliance with City's comprehensive plan and adopts a
resolution approving the Plans.
May 15, 2006
EDA adopts a resolution approving the Plans.
EDA Resolution No. 06-07 -4-
May 15, 2006 City Council holds public hearing at 7:30 p.m. on a
Modification to the Redevelopment Plan for Redevelopment
Project No. 1, the decertification of a parcel from the Highway
7 Tax Increment Financing District, the establishment of the
Highway 7 Corporate Center Tax Increment Financing District
and a hazardous substance subdistrict and passes resolution
approving the Plans and awarding a business subsidy. [Ehlers
& Associates will email Council packet information to the City
by May 8, 2006]
District.
, 2006 City authorizes Ehlers to request certification of the TIF
, 2006 Ehlers & Associates requests certification of the TIF District
from the state and 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 certiation of the district is filed with the county auditor under section
469.177, subdivision1. E H L E R S
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