HomeMy WebLinkAbout15-01HOUSING AND REDEVELOPMENT AUTHORITY FOR THE
CITY OF LAKEVILLE, MINNESOTA
RESOLUTION NO. 15-01
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF
LAKEVILLE TO CALL FOR PUBLIC HEARING ON THE PROPOSED
MODIFICATION OF AIRLAKE REDEVELOPMENT PROJECT NO. 1,
AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING
DISTRICT NO. 20 TO BE LOCATED WITHIN THE REDEVELOPMENT
PROJECT AND THE PROPOSED APPROVAL AND ADOPTION OF A
MODIFIED REDEVELOPMENT PLAN AND TAX INCREMENT
FINANCING PLAN RELATING THERETO.
BE IT RESOLVED, by the Board of Commissioners of the Housing and Redevelopment
Authority for the City of Lakeville, Minnesota (the "Authority"), as follows:
The Authority proposes to modify Redevelopment Project No. 1 (the "Project'), establish
Tax Increment Financing District No. 20 (the "Tax Increment District') to be located
within the Project and to adopt a modified Redevelopment Plan (the "Redevelopment
Plan") and Tax Increment Financing Plan (the "Financing Plan") relating thereto,
pursuant to and in conformance with Minnesota Statutes, Sections 469.001 to 469.047,
inclusive, and Minnesota Statutes, Sections 469.174 to 469.1794, inclusive, as amended.
2. The Authority hereby requests the City Council of the City of Lakeville, Minnesota (the
"City") to call for a public hearing to consider the modification of the Project,
establishment of the Tax Increment District within the Project, and the proposed approval
and adoption of the modified Redevelopment Plan and Financing Plan relating thereto
and to cause notice of said public hearing to be given as required by law.
3. The Authority hereby directs the Executive Director to transmit a copy of the modified
Redevelopment Plan and Financing Plan to the Dakota County Board of Commissioners
and the ISD No. 194 School Board in which the proposed Tax Increment District is to be
located, and to advise the Commissioners of the County Board and the School Board
Members that the Authority intends to consider approval of the modified Redevelopment
Plan and Financing Plan at its public hearing.
4. The Executive Director of the Authority is hereby directed to submit the proposed
modified Redevelopment Plan and Financing Plan to the City Council.
Approved and Adopted by the Housing and Redevelopment Authority for the City of
Lakeville, Minnesota this 4u' day of May, 2015.
HOUSING AND REDEVELOPMENT
AUTHORITY
By:
DoWMas P. Anderson, Chair
ATTEST:
B avis, Secretary