HomeMy WebLinkAbout1996-024 Council ResolutionCouncil Member Kuether introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 96 - 24
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFICATION OF
THE PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-7
WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") and the
City Council of the City of Lino Lakes (the "City") have adopted a tax
increment financing plan (the "TIF Plan") Tax Increment Financing
District No. 1-7 ("TIF District No. 1-7"); and
WHEREAS, the EDA proposed to modify the TIF Plan in order to authorize assistance
for two (2) industrial facilities and to add land to TIF District No. 1-7; 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, 6:30 P.M. in the council
chambers at city hall. The notice shall be published in the newspaper at least 10
but no more than 30 days prior to the public hearing.
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 TIF 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.
Adopted by the Lino Lakes City Council this 12th day of February, 1996.
hn L. Landers, Mayor
RESOLUTION NO. 96 - 24
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d'i)vC
Ma lyn . Anderson, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by Council
Member Bergeson and upon vote being taken thereon, the following voted in favor
thereof: Bergeson, Kuether, Lyden, Neal, Landers.
The following voted against same: None.
Whereupon said resolution was declared duly passed and adopted