HomeMy WebLinkAbout87-01X
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR
THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION NO. 87 -1
RESOLUTION REQUESTING THE CITY COUNCIL OF
THE CITY OF LAKEVILLE TO CALL FOR PUBLIC
HEARING ON THE PROPOSED ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO. 1
WITHIN REDEVELOPMENT PROJECT NO. 2 AND THE
PROPOSED APPROVAL AND ADOPTION OF THE 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 establish Tax Increment Financing District
No. 1 within Redevelopment Project No. 2 and create the Tax
Increment Financing District Plan relating thereto, pursuant to and in
accordance with Minnesota Statutes, Section 273.71 to 273.78,
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 establishment of Tax Increment Financing District No. 1
within Redevelopment Project No. 2, and the proposed approval and
adoption of the Tax Increment Financing Plan (the "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
copies of the Plan to the Dakota County Board of Commissioners and
the school board of any school district in which any portion of the
proposed Tax Increment Financing District No. 1 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 Plan at its meeting on February 16, 1987.
4. The Executive Director of the Authority is hereby directed to submit
the proposed Plan relating to the City Council.
I . a
Dated: February 2 ,1987
an
( SEAL)