04/24/1995 Council Packet - Laserfiche WebLink

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Council Member Elliott moved its adoption: introduced the following resolution and CITY OF LINO LAKES RESOLUTION NO. 95 — 46 RESOLUTION CALLING FOR A PUBLIC HEARING ON THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-7 WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") intends to propose the establishment of a tax increment financing district ("TIF District No. 1-7") generally within the Apollo Business Park area; and WHEREAS, Minnesota Statutes, Sections 469.174 through 469.179 (the "TIF Act") requires that the City Council of the City of Lino Lakes (the "City") hold a public hearing on TIF District No. 1-7, following approval thereof by the EDA. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, Minnesota as follows: 1. The City Clerk -Treasurer is authorized and directed to prepare a notice for publication in the official newspaper setting the public hearing before the City Council to consider the matter on May 22, 1995, at 6:30 P.M. in the Council Chambers of the City Hall. The notice shall be published in the newspapers at least 10 days but not more than 30 days prior to the public meeting. 2. The City Clerk -Treasurer is hereby authorized and directed to notify Centennial Independent School District No. 12 and Anoka County at least 30 days prior to the public hearing and to invite their comments thereon. 3. The City staff and consultants are authorized and directed to take all other actions necessary to bring this matter before the City Council at the time of the public hearing. Adopted by the Lino Lakes City Council this 10th day of April, 1995. Vernon F. Reinert, Mayor Marilyn G. Anderson, Clerk -Treasurer The motion for the adoption of the foregoing resolution was duly seconded by Council Member Bergeson and upon vote being taken