HomeMy WebLinkAbout1995-153 Council ResolutionMember Kuether
adoption:
introduced the following resolution and moved its
CITY OF LINO LAKES
RESOLUTION NO. 95-153
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFIED PROGRAM
FOR DEVELOPMENT DISTRICT 1 AND THE PLAN FOR TAX INCREMENT
FINANCING DISTRICTS NO. 1-1 AND 1-2
WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") intends to
modify the Development District Program for Development District No. 1 and the Tax
Increment Financing Plans (the "Plans") for Tax Increment Financing Districts No. 1-1
and 1-2 ("TIF Districts No. 1-1 and 1-2"); and
WHEREAS, Minnesota Statutes, sections 469.174 through 469.179 (the "TIF Act")
and sections 469.124 through 469.134 (the "City Development District Act") requires
that the city council of the city of Lino Lakes (the "City") hold a public hearing on the
modified program for Development District No. 1 and the Plans for TIF District No. 1-1
and 1-2, 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 a public hearing before the city
council to consider this matter on December 18, 1995 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.
AGENDA ITEM 5C
STAFF ORIGINATOR: Brian Wessel
DATE: 11/13/95
TOPIC: Consideration of Resolution No. 95-153 calling for a public hearing
on the modified program for Development District No. 1 and Tax Increment
Financinq Plan for TIF Districts 1-1 and 1-2
BACKGROUND:
The EDA has authorized preparation of a modified program for Development
District No. 1 and Tax Increment Financing Plans for TIF Districts 1-1 (Rice Lake
Estates) and 1-2 (Sunrise Meadows). This resolution sets the public hearing
before the city council for 6:30 p.m. on Monday, December 18, 1995.
OPTIONS:
1. Set the public hearing
2. Return to staff for further consideration
RECOMMENDATION:
Option 1
2. The city clerk -treasurer is hereby authorized and directed to notify Independent
School District No. 12 and Anoka County at least 30 days prior to the public
hearing and to invite their comments on the modified Plan.
3. 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: November 13, 1995
Vernon Reinert, Mayor
ATTEST:
Randall Schumacher, City Administrator
The motion for the adoption of the foregoing resolution was duly seconded by
member Elliott and upon vote being taken thereon, the following
voted in favor thereof: Bergeson, Elliott, Kuether, Neal, Reinert.
and the following voted against same: None.
Whereupon said resolution was declared duly passed and adopted.