HomeMy WebLinkAbout06-02 - ADMIN Resolution - Economic Development Authority - 2006/01/03ST. LOUIS PARK ECONOMIC DEVELOPMENT AUTHORITY
CITY OF ST. LOUIS PARK
HENNEPIN COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 06-02
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 MODIFIATION
OF THE ELMWOOD VILLAGE TAX INCREMENT FINANCING DISTRICT.
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 Plan for the
Elmwood Village Tax Increment Finance District, 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 February 21, 2006 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 Plan for the Elmwood Village TIF District (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 Elmwood Village TIF District is located no later than January
20, 2006.
EDA Resolution No. 06-02 -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.
Approved by the Board of Commissioners of the St. Louis Park Economic Development
Authority this
mrd day of January 2006.
for Administration:
r�.
President
ATTEST:
EDA Resolution No. 06-02
-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
ELMWOOD VILLAGE TAX INCREMENT FINANCING DISTRICT
(a renewal and renovation district)
January 3, 2006 EDA requests that the City Council call for a public hearing
January 3, 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 Elmwood Tax Increment Financing District.
January 3, 2006 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 & Associates. Ehlers & Associates confirms with the
City whether building permits have been issued on the property to be
included in the TIF District.
January 6, 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 January 4, 2006]
January 20, 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 January 18, 20061
February 6, 2006 Ehlers & Associates conducts internal review of the Modifications.
February 9, 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 February 2, 2006]
February 15, 2006 Planning Commission reviews Modifications to determine if they are
in compliance with City's comprehensive plan and adopts a resolution
approving the Modifications.
February 21, 2006 EDA adopts a resolution approving the Modifications.
February 21, 2006 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 Elmwood Village Tax hicrement Financing
District and passes resolution approving the Modifications. [Ehlers &
Associates will entail Council packet information to the City by
February 13, 20061
Ehlers & Associates files Modifications with the MN Department of
Revenue, OSA and Hennepin County.
EDA Resolution No. 06-02 -4-
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, subdivisionl.
EHLERS
8 ASSOCIATES INC