HomeMy WebLinkAbout1996-023 Council ResolutionMember Lyden introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 9 6 - 2 3
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
MODIFICATION OF THE PLAN FOR TAX INCREMENT
FINANCING DISTRICT NO. 1-4
WHEREAS, on April 26, 1990 the city council of the city of Lino Lakes (the "City")
adopted a tax increment financing plan (the "TIF Plan") Tax Increment Financing District No.
1-4 ("TIF District No. 1-4"); and
WHEREAS, in 1991 authority over TIF District No. 1-4 was transferred to the Lino Lakes
Economic Development Authority (the "EDA"); and
WHEREAS, the EDA proposes to modify the TIF Plan in order to delete certain parcels
from TIF District No. 1-4; and
WHEREAS, Minnesota Statutes, sections 469.174 through 469.179 (the "TIF Act")
requires that the City hold a public hearing on the proposed modified TIF Plan, 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 March 25, 1996, 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 clerk -treasurer is hereby authorized and directed to notify Independent
School District Nos. 12 and 831 and Anoka County at least 30 days prior to the
public hearing and to invite their comments on the modified TIF Plan.
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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: February 12, 1996
Randall Schumacher, City Administrator
The motion for the adoption of the foregoing resolution was duly seconded by member
Neal
and upon vote being taken thereon, the following voted in favor thereof:
Bergeson, Kuether, Lyden, Neal, Landers
and the following voted against same: None.
Whereupon said resolution was declared duly passed and adopted.
RHB100128
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