HomeMy WebLinkAbout1995-046 Council ResolutionCouncil 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.
2-� 7 J
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
RESOLUTION NO. 95 - 46
Page -2-
thereon, the following voted in favor thereof: Bergeson, Elliott, Neal,
Kuether, Reinert.
The following voted against same: None.
Whereupon said resolution was declared duly passed and adopted.
MINNESO TA
District 1-7
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