HomeMy WebLinkAbout89-03THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF LAKEVILLE
COUNTY OF DAKOTA
STATE OF MINNESOTA
RESOLUTION NO. 89 -3
RESOLUTION REQUESTING THE CITY COUNCIL OF
THE CITY OF LAKEVILLE TO CALL FOR A PUBLIC
HEARING ON THE PROPOSED MODIFICATION NO. 1
OF THE SOUTHFORK I HOUSING DEVELOPMENT
PROJECT PLAN, INTEREST RATE REDUCTION
PROGRAM AND HOUSING TAX INCREMENT
DISTRICT NO. 8, THE PROPOSED ESTABLISHMENT
OF HOUSING TAX INCREMENT DISTRICT NO. 12
AND AN INTEREST RATE REDUCTION PROGRAM,
AND ADOPT THE MODIFIED AND PROPOSED PLANS
AND PROGRAMS 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 the Southfork I Housing
Development Project Plan, Interest Rate Reduction Program and Housing Tax
Increment District No. 8. The Authority also proposes to establish a Housing Tax
Increment District and an Interest Reduction Program and to adopt the plans and
modifications to the tax increment financing district plan and programs relating
thereto, pursuant to and in accordance with Minnesota Statutes, Sections 469.001
to 469.047 and Sections 469.174 to 469.179, 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 above
matters and 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
District Board in which the proposed tax increment district and modification is
located, and to advise the Commissioners of the County Board and School Board
that the Authority intends to consider approval of the plans and programs at its
meeting on April 17, 1989.
4. The Executive Director of the Authority is hereby directed to submit
the proposed plan to the City Council.
Dated: March 20 ,1989
ATTEST:
C airperson
Executive Director