HomeMy WebLinkAbout04-21-97CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
APRIL 21,1997
The meeting was called to order at 6:45 p.m. by Chair Mulvihill.
Roll call was taken. Present: Commissioners Johnson, Zaun, Sindt, Mulvihill
and Holberg.
Also present: B. Erickson, Executive Director; D. Feller, Finance Director; M.
Sobota, Community & Economic Development Director; R. Knutson, City
Attorney; C. Friedges, City Clerk.
ITEM 2
The minutes of the March 3, 1997, Housing and Redevelopment Authority
meeting were approved as presented.
ITEMS 3-4
Mr. Sobota presented a resolution approving and adopting a modification to
Airlake Redevelopment Project No. 1, establishment of Tax Increment Financing
District No. 17, and the approval and adoption of a modified redevelopment plan
and tax increment financing plan relating thereto. He also presented a resolution
authorizing the City Council of the City of Lakeville to undertake certain
development activities in connection with Tax Increment Financing District No.
17 within Airlake Project No. 1.
The first action, Mr. Sobota explained, involves the establishment of a 15 -year
Tax Increment Financing District for the DHY project at the northwest quadrant of
County Road 70 and Holyoke Avenue. The second action authorizes the City
Council to act on behalf of the HRA for the Di Hed Yokes, Inc. project. Staff
recommends approval.
97.5 Motion was made by Holberg, seconded by Johnson to approve Resolution No.
97 -2 approving and adopting a modification to Airlake Redevelopment Project
No. 1, establishment of Tax Increment Financing District No. 17, and the
approval and adoption of a modified redevelopment plan and tax increment
financing plan relating thereto; and Resolution No. 97 -3 authorizing the City
Council of the City of Lakeville to undertake certain development activities in
connection with Tax Increment Financing District No. 17 within Airlake Project
No. 1.
Roll call was taken on the motion. Ayes, Johnson, Zaun, Sindt, Mulvihill,
Holberg.
ITEM 5
Mr. Sobota presented a resolution adopting a modification to the Downtown
Redevelopment Project and modification of Tax Increment Financing Districts
No. 2 and 3 located within the redevelopment project. He explained that this
action is necessary to finalize the modification of TIF Districts 2 and 3, which
began several months ago.
97.6 Motion was made by Sindt, seconded by Johnson to approve Resolution No. 97-
4 adopting a modification to the Downtown Redevelopment Project and
modification of Tax Increment Financing Districts No. 2 and 3 located within the
redevelopment project and the proposed approval and adoption of a modified
redevelopment plan and tax increment financing plans relating thereto.
Roll call was taken on the motion. Ayes, Zaun, Sindt, Mulvihill, Holberg,
Johnson.
There being no further business, the meeting was adjourned at 6:52 p.m.
Respectfully submitted,
/-;"— JdJ
Betty Si t, Secretary
Lynettb Mulvihill, Chair