HomeMy WebLinkAbout14-04HOUSING AND REDEVELOPMENT AUTHORITY FOR THE
CITY OF LAKEVILLE, MINNESOTA
RESOLUTION NO. 14-04
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. 19
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:
1. The Authority proposes to modify Redevelopment Project No. 1 (the "Project"), establish Tax
Increment Financing District No. 19 (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.
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
School Board in which the proposed Tax Increment District is to be located, and to advise the
Commissioners of the County Board and the residents of such School and County Boards that the
Authority intends to consider approval of the modified Redevelopment Plan and Financing Plan
at its public meeting.
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 22nd day of September, 2014
HRA
Di;bTAnderson,
A ST:
Ba avis, Secretary