HomeMy WebLinkAbout16-022 - ADMIN Resolution - City Council - 2016/02/01RESOLUTION NO. 16-22
RESOLUTION AMENDING DATE OF PROPOSED PUBLIC HEARING
ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE
REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1,
THE PROPOSED ESTABLISHMENT OF THE WAYZATA BOULEVARD
TAX INCREMENT FINANCING DISTRICT, AND THE ADOPTION OF A
TAX INCREMENT FINANCING PLAN FOR THE PROPOSED
DISTRICT.
BE IT RESOLVED by the City Council (the "Council') for the City of St. Louis Park,
Minnesota (the "City"), as follows:
Section 1. Prior Resolution. On January 11, 2016, the Council adopted a resolution calling
for a public hearing to be held on March 712016 regarding the proposed adoption of a Modification
to the Redevelopment Plan for Redevelopment Project No. 1, the proposed establishment of the
Wayzata Boulevard Tax Increment Financing District, and the proposed adoption of a Tax
Increment Financing Plan therefor, pursuant to Minnesota Statutes, Sections 469.174 to 469.1794
(the "Tax Increment Act").
Section 2. Change in Date of Public Hearing. The Council has determined that a quorum
of the Council will not be present on March 7, 2016, and no public hearing may be held on such
date. Therefore, the Council has determined to hold the proposed public hearing at the next regular
Co cil meeting, on March 21, 2016. The Economic Development Coordinator is authorized and
rect d to cause notice of the public hearing to be published at least once in the official newspaper
f the ity not later than 10, nor more than 30, days prior to March 21, 2016, and otherwise to
omply with the requirements of the Tax Increment Act in connection with such publication.
Administration: Adopted by the Cyty Council February 1, 2016
City Manager