HomeMy WebLinkAboutResolution 00-EDA133
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MOlJl\'DS VIEW ECONOMK AND DEVELOPi\'1EI\T AtTHORITY
CITY OF MOtJNDS VIE,'"
RESOLtJTION # OO-EDA-133
RESOLlITlON REQI!ESTING THE CITY COlJNCIL OF THE CITY OF l\JOU\DS
VIEW CALL FOR A PUBLIC HEARING ON THE MODIFICATIO~ TO THE TAX
INCREMENT FINAI\CI~G PLANS FOR TAX INCREME~T FJI\ANCING DISTRICTS
NOS. I. 2 AND 3 (ALL REDEVELOPMENT nISTRICTS) WITHIN THE MOtJ~DS
VIEW ECONOMIC DEVELOPMENT PROJECT AREA.
BE IT RESOLVED, by the Board or Commissioners (thc "Board") ofthc Mounds View Economic
and Development Authority, Minnesota (the "EDA") as follows:
WHEREAS. thc City Council (the "Council") of the City of Mounds Vicw, Minnesota (the "City")
establishcd the Mounds View Economic Dcvelopment Projcct Area and Tax Increment Financing
Districts Nos. I, 2 and 3 pursuant to Minnesota Statutes. Minnesota Statutes, Sections 469.] 74 through
469.179, inclusive, as amended, in an eftort to encourage thc development and redevelopment of certain
designated areas within the City: and
WHEREAS. the EDA is proposing the modification to the Tax Incremcnt Financing Plans for Tax
Increment Financing Districts Nos. L 2 and 3. pursuant to and in accordance with Minnesota Statutes,
Sections 469.174 through 469.179, inclusive, as amended:
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
1. The EDA herehy rcquests that the Council call for a public hearing on November 13, 2000 to
consider the proposed adoption of the ModiJlcations to the Tax Increment Financing Plans for Tax
Increment Financing Districts Nos. 1,2 and 3 (collectively, the "Modifications") and cause notice of
said puhlic hearing to be given as required by law.
2. The EDA directs the Executive Director to transmit copies of the Modifications to the Planning
Commission of the City and requests the Planning Commission's written opinion indicating whether
the proposed Modifications arc in accordance with the Comprehensive Plan of the City, prior to the
date of the public hearing.
3. The Executive Director o1'the EDA is hereby directed to submit a copy ofthc Modifications to the
Council for its approval.
4. The EDA directs the Executive Director to transmit the Modifications to the county and thc school
district( s) in which Tax Increment Financing Districts Nos. L 2 and 3 is located not latcr than
October 13,2000.
Approvcd by the Board on September II, :WOO.
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