Agenda Packets - 1988/02/22 - Laserfiche WebLink

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VZ1--(1 0 CITY OF MOUNDS ViEW, MINNESOTA RESOLUTION NO. 2293 RESOLUTION ESTABLISHING TAR INCREMENT FINANCING DISTRICT 12 LOCATED WITHIN CiTY DEVELOPMENT DISTRICT NO. 1; AND APPROVING AND ADOPTING THE TAR INCREMENT FINANCING PLAN RELATING THERETO WHEREAS, the City of Mounds View, Minnesota (the "City") has designated a specific portion of the City as Municipal Development District No. 1 (the "Development District") in October, 1985, and has caused to be prepared a Development Program (the "Development Program") relating thereto, pursuant to Minnesota Statutes, Sections 469.124 to 469.134, Inclusive; and WHEREAS, the City has proposed to establish Tax Increment Financing District A2 (the "Tax Increment District") within Development District B1 and has caused to be prepared a Tax increment Financing Plan (the "rinancing Plan'7, pursuant to Minnesota Statutes, Sections 469.174 to 469.179,Inclusive; and WHEREAS, the City h-c submitted the Tax Increment Financing Plan to the City's Planning Commission for consideration and comparison to the Coziprehensive 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 Cour.;;, and the members of the school board of the school district in which Tax increment District 92 is located to meet with the City; and WHEREAS, the City has presented to the members of the County Board of Commissioners of Ramsey County and the members of the school board of the school district in which Tax increment District p2 is located the City's estimate of the fiscal and economic implications of the establishment of the Tax Increment District and the members of the County Board and ..cnool 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 public hearing regarding the establishment of the Tax Increment District #2 and approval and adoption of the Financing Plan for which hearing notice was published in a newspaper of general circulation in the City not less then 1C or more than 36 days prior to the date hereof; and WHEREAS, the City has performed all actions ren-iir?ri by I.-' e • tc be performed prior to the establishment of the Tax increment District k2 and the approval and adoption of the Financing Plan; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 6:OUNDS ViEW, MINNESOTA, as follows: