HomeMy WebLinkAbout01-039 Councilmember Luick introduced the following resolution and moved its adoption,
which motion was seconded by Councilmember Mulvihill
Resolution No. 01-39
RESOLUTION CALLING FOR A PUBLIC HEARING ON APPROVAL OF
THE AMENDED TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 9
BE IT RESOLVED by the City Council of the City of Lakeville; Minnesota (the
"City"), as follows:
1. Proposed Tax Increment Plan.. The City of Lakeville Housing and
Redevelopment Authority (the "Authority") has approved a redevelopment plan, as defined in
.Minnesota. Statutes, Section 469.002, subdivision 16, designated as Redevelopment Plan (the
"Project Plan") to Municipal Development District Plan No. 2 (the "Project Area"), and a
redevelopment project to be undertaken pursuant thereto, as defned in Minnesota Statutes,
Section 469.002, subdivision 14 (the "Redevelopment Project"). In orderto finance the public
redevelopment costs to be incurred in connection with the Project Plan and the Redevelopment
Project, the Authority has prepared, and will present to the City for approval, Amendment No. 1
(the "Amendment") to a tax increment financing plan (the "Tax Increment Plan"), which
establishes a tax increment financing district,. as defined in Minnesota Statutes, Section 469.174,
subdivision 9, designated as Tax Increment Financing District No. 9 within the Project-Area.
The Amendment and the Tax Increment Plan are collectively referred to as the "Amended Tax
• Increment Plan." It has been proposed that the Board of Commissioners of the Authority and the
City Council approve the Amended Tax Increment Plan, and that this Council hold a public
hearing on Amended Tax Increment Plan as required by Minnesota Statutes, Sections 469.028
and 469.175, subdivision 3,
2. Public Hearin. A public hearing is hereby scheduled to be held on the
Amended Tax Increment Plan at 7:00 P.M. on April 16, 2001, at the Lakeville City Hall, 20195
Holyoke Avenue, Lakeville, Minnesota. The City: Clerk is hereby authorized and directed to
cause notice of such public hearing in substantially the form of Exhibit A hereto to be published
in the official newspaper of the City not less than 10 days prior to the date of the hearing, and to
provide the information required by Minnesota Statutes,. Section 469.1752 subdivision 2, to the
appropriate governmental .bodies.
Upon vote. being taken thereon, the following voted in favor thereof:
Bellows, Johnson, Mulvihill, Rieb, Luick
and the following voted against the same.:
N/A
.whereupon the resolution was declared duly passed and. adopted.
A est: f
City erk Mayo
CERTIFICATION OF NIlNUTES RELATING TO
AMENDMENT NO. l TO THE TAX INCREMENT FINANCING
PLAN FOR TAX INCREMENT FINANCING DISTRICT NO.9
I, the undersigned, being the duly qualified and acting recording officer of the City of
Lakeville, Minnesota, certify that the documents attached hereto, as described above, have been
carefully compared with the original records of said City in my legal custody, from which they
have been transcribed; that said documents are a correct and complete transcript of the minutes
of a meeting. of the governing body of said corporation, and correct and complete copies of all
resolutions and other actions taken and of all documents approved by the governing body at said
meeting, so far as they relate to the tax increment financing plan described above; and that said
meeting was duly held by the governing body at the time and place and was attended throughout
by the members indicated above, pursuant to call and notice of such meeting given as required
by law.
WITNES S my hand officially as such recording officer this 19 day of March, 2001.
City CI k
•
EXHIBIT A
NOTICE OF PUBLIC HEARING ON APPROVAL OF THE AMENDED TAX
INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT. NO.9 OF THE CITY OF LAKEVILLE HOUSING AND
REDEVELOPMENT AUTHORITY
NOTICE IS HEREBY GIVEN that the City Council of the City of Lakeville will
hold a publichearing on approval of Amendment No. 1 to the Tax Increment Financing Plan (the
Amended Tax Increment Plan) for Tax Increment Financing District No. 9 (the Financing
District) of the City of Lakeville Housing and Redevelopment Authority (the Authority) at 7:00
P.M. on Monday, April 16, 2001, at the Lakeville City Hall, 20195 Holyoke Avenue, Lakeville,
Minnesota.
The Amended Tax' Increment Plan provides for the financing with tax increment
revenue generated by the Financing District established by the Amended Tax Increment Plan of
certain public redevelopment. costs to be incurred in connection with carrying out a
redevelopment project within Municipal Development District Plan No. 2 (the "Project Area").
Accompanying this notice is a map of a portion of the City. The map shows .the
area encompassed by the Project Area and the Financing District from which tax increment may
i be collected pursuant to the Amended Tax Increment Plan and the area in which such tax
increment may be expended.
All who wish to be heard as to Amended Tax Increment Plan will be given an
opportunity to express their views at the time of the public hearing or may file written comments
with the City Clerk prior to the public hearing.
By /s/ Charlene Fried e~ s, City Clerk
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