HomeMy WebLinkAbout14-01HOUSING AND REDEVELOPMENT AUTHORITY FOR THE CITY OF
LAKEVILLE, MINNESOTA
CITY OF LAKEVILLE
DAKOTA COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 14 -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. 18
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. 18 (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 460.001 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 to
School District 194, and to advise the Commissioners of the County Board and the members of
the School Board 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 3 day of March, 2014.
.
Chair
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