04-10-2013 Council Agenda - Laserfiche WebLink

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CITY OF LITTLE CANADA RAMSEY COUNTY STATE OF MINNESOTA Council member introduced the following resolution and moved its adoption: RESOLUTION NO. RESOLUTION ADOPTING A MODIFICATION TO THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 6 AND A MODIFICATION TO THE TAX INCREMEMNT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 6.1. BE IT RESOLVED by the City Council (the "Council ") of the City of Little Canada, Minnesota (the "City "), as follows: Section 1. Recitals 1.01. It has been proposed that the City adopt a modification to the Development Program (the "Development Program ") for Development District No. 6 and to the Tax Increment Financing Plan (the "TIF Plan ") for 'Tax Increment Financing District No. 6 -1 (the "District ") (the Development Program and the 'TIE' Plan are referred to collectively herein as the "Program and Plan Modifications "); all pursuant to and in conformity with applicable law, including Minnesota Statutes, Sections 469.124 to 469.134 and Sections 469.174 to 469.1794, all inclusive, as amended (the "Act ") all as reflected in the Program and Plan modifications, and presented for the Council's consideration. 1.02. The City has investigated the facts relating to the Program and Plan Modifications and has caused the Program and Plan Modifications to be prepared. 1.03. The City has performed all actions required by law to be performed prior to the modification of the District and the adoption and approval of the proposed Program and Plan Modifications, including, but not limited to, notification of Ramsey County and Independent School District No. 623 having taxing jurisdiction over the property to be included in the District, a review of and written continent on the Program and Plan Modifications by the City Planning Commission, and the holding of a public hearing upon published notice as required by law. 1.04. Certain written reports (the "Reports ") relating to the Program and Plan Modifications and to the activities contemplated therein have heretofore been prepared by staff and consultants and submitted to the Council and /or made a part of the City files and proceedings on the Program and Plan Modifications. The Reports include data, information and /or substantiation constituting or relating to the basis for the other findings and determinations made in this resolution. The Council hereby confirms, ratifies and adopts the Reports, which are hereby incorporated into and made as fully a part of this resolution to the same extent as if set forth in full herein. 1.05 The City is modifying the boundaries of Development District No. 6. Section 2. Findings for the Adoption and Approval of the Program and Plan Modifications 2.01. The Council hereby finds that the Program and Plan Modifications, are intended and, in