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HomeMy WebLinkAbout16-009 - ADMIN Resolution - City Council - 2016/01/19RESOLUTION NO. 16-009 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO.1 AND THE PROPOSED ESTABLISHMENT OF THE WAYZATA BOULEVARD TAX INCREMENT FINANCING DISTRICT THEREIN AND THE ADOPTION OF THE TAX INCREMENT FINANCING PLAN THEREFOR BE IT RESOLVED by the City Council (the "Council") for the City of St. Louis Park, Minnesota (the "City"), as follows: Section 1. Public Hearing, This Council shall meet on March 7, 2016, at approximately 7:30 P.m., to hold a 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 proposed adoption of a Tax Increment Financing Plan therefor, all pursuant to and in accordance with Minnesota Statutes, Sections 469.090 to 469.1082, and Sections 469.174 to 469.1794, inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City; and Section 2. Notice of Public Hearing, Filing of Plans. City staff is authorized and directed to work with Ehlers to prepare a Modification to the Redevelopment Plan for Redevelopment Project No. 1 and a Tax Increment Financing Plan for the Wayzata Boulevard Tax Increment Financing District (collectively, the "Plans") and to forward documents to the appropriate taxing jurisdictions including Hennepin County and Independent School District No. 270. The Economic Development Coordinator is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days prior to March 7, 2016, and to place a copy of the Plans on file in the Economic Development Coordinator's office at City Hall and to make such copy available for inspection by the public. for Administration: City Manager Attest: AV%1"JAWk0a- - Meli a Ke e y, Clerk Adopted by the City Council