HomeMy WebLinkAbout89-01- n
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION NO. 89 -1
RESOLUTION REQUESTING THE CITY COUNCIL OF
THE CITY OF LAKEVILLE TO CALL FOR PUBLIC
HEARING ON THE PROPOSED MODIFICATION OF
REDEVELOPMENT PROJECT NO. 2, DESIGNATION
OF TAX INCREMENT FINANCING DISTRICT NO. 10
(FAIRFIELD BUSINESS PARK) 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. 2 (the
"Project "), establish Tax Increment Financing District No. 10 (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
Sections 469.001 to 469.047, inclusive, and Minnesota Statutes, Sections 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 Commissioners and the school board 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.
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 Harvey , and upon vote being taken thereon,
the following voted in favor thereof:
Commissioners Harvey, Nelson, Enright, Sindt
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 March 20 __-_-_, 1989.
Dated: March 20 ,1989
Char7rperson
ATTEST:
Executive Director
( SEAL)
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