HomeMy WebLinkAbout97-01THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION No. 97 -1
RESOLUTION REQUESTING THE CITY COUNCIL OF THE
CITY OF LAKEVILLE TO CALL FOR A PUBLIC HEARING ON
THE PROPOSED MODIFICATION OF AIRLAKE
REDEVELOPMENT PROJECT No. 1, AND THE
ESTABLISHMENT OF TAX INCREMENT FINANCING
DISTRICT NO 17 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 in and 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. 17 (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 accordance with Minnesota Statutes Section 460.001
to 469.047, inclusive, and Minnesota Statutes Section 469.174 to 469.179, inclusive.
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 Commissioner
and the School Boards in which the proposed Tax Increment District is to be located, and
to advise the commissioners of the County Board and the members of such School
Boards that the Authority intends to consider approval of the modified Redevelopment
Plan and Financing Plan at its public hearing.
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4. The Executive Director of the Authority is hereby directed to submit the proposed
modified Redevelopment Plan and Financing Plan to the City Council.
The motion for the adoption of the foregoing resolution was duly seconded by
Boardmember Holberg and upon vote being taken thereon, the
following voted in favor thereof:
Executive Director
Johnson, Sindt, Mulvihill, Holberg
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted by the Board of
Commissioners of the Lakeville Housing and Redevelopment Authority of the City of
Lakeville, Minnesota on March 3 , 1997.
DATED: Ma 3 , 1997
Chairman
AT
(SEAL)
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