HomeMy WebLinkAbout87-10THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR
THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION NO. 87 -10
RESOLUTION REQUESTING THE CITY COUNCIL OF
THE CITY OF LAKEVILLE TO CALL FOR PUBLIC
HEARING ON THE PROPOSED MODIFICATION TO
TAX INCREMENT FINANCING DISTRICT NO. 3
WITHIN REDEVELOPMENT PROJECT NO. 1 AND THE
PROPOSED APPROVAL AND ADOPTION OF THE
MODIFIED 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 Tax Increment Financing District
No. 3 within Redevelopment Project No. 1 and to adopt a Modified
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 modification of Tax Increment Financing District No. 3
within Redevelopment Project No. 1, and the proposed approval and
adoption of the modified 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 a
copy of the modified 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. 3 is
to be modified, 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 October 5, 1987.
4. The Executive Director of the Authority is hereby directed to submit
the proposed Plan to the City Council.
The motion for the adoption of the foregoing resolution was duly seconded
by Boardmember Sindt , and upon vote being taken thereon,
the following voted in favor thereof:
Zaun, Enright, Sindt, Harvey, Nelson
and the following voted against the same: None
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 September 21 , 1987.
Dated: September 21 , 1987
Chairman
(SEAL)
K