HomeMy WebLinkAbout96-05THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION No. 96 -5
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF
LAKEVILLE TO CALL FOR A PUBLIC HEARING ON THE PROPOSED
MODIFICATION OF THE CBD DOWNTOWN REDEVELOPMENT
PROJECT NO. 1, MODIFICATION NO. 1 OF TAX INCREMENT
FINANCING DISTRICT NO.2 AND MODIFICATION NO.2 OF TAX
INCREMENT FINANCING DISTRICT NO. 3, ALL LOCATED WITHIN
THE REDEVELOPMENT PROJECT AND THE PROPOSED APPROVAL
AND ADOPTION OF A MODIFIED REDEVELOPMENT PLAN AND
TAX INCREMENT FINANCING PLANS RELATING THERETO.
BE IT RESOLVED by the Board of Commissions of the Housing and Redevelopment
Authority in and for the City of Lakeville, Minnesota (The "Authority "), as follows:
The Authority proposes to modify CBD Redevelopment Project No. 1 (the "Project "),
to Modify Tax Increment Financing Districts No. 2 and No. 3 (the "Tax Increment
Districts ") all located with the Project and to adopt a modified Redevelopment Plan
(the "Redevelopment Plan ") and Tax Increment Financing Plans (the "Financing
Plans ") 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, and
Modification of the Tax Increment Districts No. 2 and No. 3 within the Project, and
the proposed approval and adoption of the modified Redevelopment Plan and
Financing Plans 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 Plans to the Dakota County Board of
Commissioners and the Independent School District 194 and Independent School
District 917 School Boards in which the modified Tax Increment Districts are 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 Plans at its public hearing.
4. The Executive Director of the Authority is hereby directed to submit the proposed
modified Redevelopment Plan and Financing Plans to the City Council.
The motion for the adoption of the foregoing resolution was duly seconded by Board
member Mulvihill , and upon vote being taken thereon, the following
voted in favor thereof:
Johnson, Zaun, 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 December 16, 1996.
DATED: December 16, 1996
Chairman
ATTEST:
Executive Director
(SEAL)