HomeMy WebLinkAbout1993-089 Council ResolutionCouncil Member Kuether
�-- moved its adoption:
introduced the following resolution and
CITY OF LINO LAKES
RESOLUTION NO. 89 — 93
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFICATION OF THE
PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-4
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
the City Council of the City of Lino Lakes, Minnesota,
(the City) has established Development District No. 1
pursuant to Minnesota Statutes, sections 469.124 through
469.134; and
within Development District No. 1, the City has
established TIF District 1-4; and
it has been proposed that the Plan for TIF District No.
1-4 be modified in order to be able to offer additional
public assistance; and
the City has transferred authority for TIF District No.
1-4 to the Lino Lakes Economic Development Authority (the
EDA) but the City is required by statute to hold a public
hearing on the proposed modification.
NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of
Lino Lakes, Minnesota as follows:
1. Holmes & Graven, Chartered is hereby authorized and directed
to prepare a modification to the Plan for TIF District No. 1-4
and to file a copy thereof with the City Administrator.
2. The City Administrator is authorized and directed to prepare
a notice for publication in the official newspaper setting a
public hearing on the modified Plan before the City council on
the 13th day of December, 1993, at 6:45 P.M. in the council
chambers. The notice shall be published in the newspaper at
least 10 days but not more than 30 days prior to such public
hearing.
3. The City Administrator is hereby authorized and directed to
submit a copy of the modified Plan to the county and school
district for comment and to notify the same of the time and
place of the hearing to be held before the City Council.
4. The City Administrator and consultants are
directed to take all other actions necessary
modified Plan before the City Council at the
public hearing.
Adopted this 25th day of October, 1993.
authorized and
to bring t h e
time of the
RESOLUTION NO. 9 - 93
�-- Page -2
ATTEST:
Vernon F. Reinert, Mayor
Marilyn) G. Anderson, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by Council Member Neal and upon
vote being taken thereon, the following voted in favor thereof:
Elliott, Kuether, Neal, Reinert.
The following voted against same: None, Council Member Bergeson was absent.
Whereupon said resolution was declared duly passed and adopted.