HomeMy WebLinkAbout17-067 - ADMIN Resolution - City Council - 2017/04/03RESOLUTION NO. 17-067
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 ELMWOOD APARTMENTS
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 May 15, 2017, 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
Elmwood Apartments 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 Elmwood Apartments Tax Increment
Financing District (collectively, the "Plans") and to forward documents to the appropriate taxing
jurisdictions including Hennepin County and Independent School District No. 283, 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 May 15, 2017, 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.
Administration: Adopted by the City Council April 3, 2017
n
ume n City Manager J e Sp a
Attest:
Melissa ennedy, r