HomeMy WebLinkAbout2003-084 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 03-84
RESOLUTION CALLING FOR A PUBLIC HEARING TO REVISE CITY
COUNCIL BUSINESS SUBSIDY CRITERIA
WHEREAS, the Lino Lakes City Council intends to revise its Business
Subsidy Criteria pursuant to Minnesota Statute 116J.993 -994 to bring it into
compliance with State Statute;
WHEREAS, Minnesota Statute, 116J.994, Subd. 2 requires that the Grantor
of a business subsidy (the city council of the city of Lino Lakes) hold a public
hearing before revising its business subsidy criteria;
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 a public hearing before the city
council to consider this matter on Monday, June 23, 2003 at 6:30 p.m. in
the council chambers at city hall. The notice shall be published in the
newspaper at least 10 but not more than 30 days prior to the public hearing.
2. The city staff and consultants are authorized and directed to take any and all
other actions necessary to bring this matter before the city council at the time
of the public hearing.
Dated: June 9, 2003
Joh : erge - . n, M = yor
ATTEST:
Ann Blair, ity Clerk
AGENDA ITEM 7E
STAFF ORIGINATOR: Mary Alice Divine
DATE: 06/09/03
TOPIC: Resolution No.03 -84 calling for a Public Hearing,
Revision of Business Subsidy Criteria
BACKGROUND:
In 1999 the Minnesota State Legislature enacted a Business Subsidy Law that
required grantors of business subsidies to adopt criteria for awarding business
subsidies that comply with the state law. Both the City Council and the Economic
Development Authority (EDA) have the authority to award business subsidies,
and both adopted criteria in 1999.
In 2000 the State Legislature revised the Business Subsidy Law, but delayed the
effective date of the changes until 2003.
The 1999 law required that criteria had to include provisions for wage and job
goals that 1) stated the number of jobs to be created and 2) wage goals for the
jobs created. A major change in the law now allows the grantor to set the number
of new jobs at zero if the grantor, after a public hearing, determines that job
creation is not the intent of the subsidy.
Among other changes are the following:
• Wage levels have to be specific, either in dollar amount or by reference to an
index.
• Criteria cannot be set on a case by case basis.
New criteria are now needed to reflect the legislative changes. The attached
resolution calls for a public hearing to consider the City Council's revised criteria
on June 23, 2003.
RECOMMENDATION:
Adopt Resolution No. 03 -84 calling for a public hearing.