Agenda Packets - 1988/02/22 - Laserfiche WebLink

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r CITY OF MOUNDS VIEW, MINNESOTA RESOLUTION NO. 2294 RESOLUTION APPROVING DESIGNATION OF CITY DEVELOPMENT DISTRICT NO. 3; AND ESTABLISHMENT OF A TAX INCREMENT FINANCING DISTRICT f3 LOCATED WiTHiN CITY DEVELOPMENT DEVELOPMENTDISTRICT NO. 3; AND APPROVING PROGRAM.AND INCREMENT FINANCING PLAN RELATING THERETO WHEREAS, the City of IMounds View, Minnesota (the "City") has proposed to designate a specific portion of the City as Municipal Development District No. 3 (the "Development District") and has caused to be prepared a DeMlopmenesot Program (the "Development Program") relating thereto, pursuant Statutes, Sections 469.124 to 469.134,inclusive; and WHEREAS, the City haq proposed to establish Tax Increment. Financing ' District 33 (the "Tax Increment District") within Development District 93 and has Incrementcaused to be prepared a Tax pursuant toMinnesota Stat tes, S ctio s469i174 to 469.179, inclusive; and Plan'9, WHEREAS, the City has submitted the Development Program and Financing Plan to the City's Planning Commission for consideration and comparison to the Comprehensive Plan of the City to determine consistency, pursuant to Minnesota Statutes, Section 469.126, Subd. 1; and WHEREAS, the City has provided an opportunity for the members of the County Board of Commissioners of Ramsey County and the members of the school board of the school district in which tt:e Tax increment District is located to meet with the City; and WHEREAS, the City has presented to the members of -the County Board of e members of rd of the Commissioners disdistrict in which the Tax Increment thd District is locatethe City's eschool s schoolt estimate of the fiscal and economic 'Implications of the establishment of the Tax increment District and the members of the County Bored and school board were granted the opportunity to present their comments at the public hearing held on the date hereof; and WHEREAS, the City Council of the City (the "Council") on the date hereof held a public hearing regarding designation of the eDeveandlopment adoption tioDistrthe establishment of the Tax Increment District and approval Development Program and Financing Plan for which hearing notice was published in a newspaper of general circulation In the City not less than 16 or more than 36 days prior to the date hereof; and WHEREAS, the City has performed all actions required by law to be performed prior to the designation of the Deve;opment District and establishment of the Tax Increment District and the approval and adoption of the respective �' Development Program and Financing Plan;