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MOUNDS VIEW ECONOMIC AND DEVELOPMENT AUTHORITY <br />CITY OF MOUNDS VIEW <br /> <br />RESOLUTION # 00-EDA-133 <br /> <br />RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF MOUNDS <br />VIEW CALL FOR A PUBLIC HEARING ON THE MODIFICATION TO THE TAX <br />INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICTS <br />NOS. 1, 2 AND 3 (ALL REDEVELOPMENT DISTRICTS) WITHIN THE MOUNDS <br />VIEW ECONOMIC DEVELOPMENT PROJECT AREA. <br /> <br /> BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Mounds View Economic <br />and Development Authority, Minnesota (the "EDA") as follows: <br /> <br /> WHEREAS, the City Council (the "Council") of the City of Mounds View, Minnesota (the "City") <br />established the Mounds View Economic Development Project Area and Tax Increment Financing <br />Districts Nos. 1, 2 and 3 pursuant to Minnesota Statutes, Minnesota Statutes, Sections 469.174 through <br />469.179, inclusive, as amended, in an effort to encourage the development and redevelopment of certain <br />designated areas within the City; and <br /> <br /> WHEREAS, the EDA is proposing the modification to the Tax Increment Financing Plans for Tax <br />Increment Financing Districts Nos. 1, 2 and 3, pursuant to and in accordance with Minnesota Statutes, <br />Sections 469.174 through 469.179, inclusive, as amended; <br /> <br /> NOW, THEREFORE BE IT RESOLVED by the Board as follows: <br /> <br />1. The EDA hereby requests that the Council call for a public hearing on November 13, 2000 to <br />consider the proposed adoption of the Modifications to the Tax Increment Financing Plans for Tax <br />Increment Financing Districts Nos. 1, 2 and 3 (collectively, the "Modifications") and cause notice of <br />said public hearing to be given as required by law. <br /> <br />2. The EDA directs the Executive Director to transmit copies of the Modifications to the Planning <br />Commission of the City and requests the Planning Commission's written opinion indicating whether <br />the proposed Modifications are in accordance with the Comprehensive Plan of the City, prior to the <br />date of the public hearing. <br /> <br />3. The Executive Director of the EDA is hereby directed to submit a copy of the Modifications to the <br />Council for its approval. <br /> <br />4. The EDA directs the Executive Director to transmit the Modifications to the county and the school <br />district(s) in which Tax Increment Financing Districts Nos. 1, 2 and 3 is located not later than <br />October 13, 2000. <br /> <br />Approved by the Board on September 11, 2000. <br /> _______________________________ <br /> President <br />ATTEST: <br /> <br />______________________________ <br />Interim Executive Director