HomeMy WebLinkAboutEDA Resolution 12-EDA-271 RESOLUTION NO. 12-EDA-271
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF MOUNDS
VIEW CALL FOR A PUBLIC HEARING ON A MODIFICATION TO THE PROJECT
PLAN FOR THE MOUNDS VIEW ECONOMIC DEVELOPMENT PROJECT AND
THE MODIFICATION TO THE TAX INCREMENT FINANCING PLANS FOR TAX
INCREMENT FINANCING DISTRICTS NOS. 1, 2,AND 3 (ALL REDEVELOPMENT
DISTRICTS).
BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Mounds View Economic
Development Authority(the "EDA")as follows:
WHEREAS, the City Council (the "Council") of the City of Mounds View, Minnesota (the "City")
established the Mounds View Economic Development Project pursuant to Minnesota Statutes, Sections
469.174 to 469.1799, inclusive, as amended, in an effort to encourage the development and
redevelopment of certain designated areas within the City; and
WHEREAS, the EDA is proposing a Modification to the Project Plan for the Mounds View
Economic Development Project and a modification to the Tax Increment Financing Plans for Tax
Increment Financing District Nos. 1,2, and 3,all pursuant to,and in accordance with,Minnesota Statutes,
Sections 469.174 to 469.1799 and Sections 469.090 to 469.1082, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
1. The EDA hereby requests that the Council call for a public hearing on October 8, 2012, to consider
the proposed adoption of a Modification to the Project Plan for the Mounds View Economic
Development Project(the "Project Plan Modification") and the proposed adoption of a Modification
to the Tax Increment Financing Plans (the "TIF Plans") for Tax Increment Financing District Nos. 1,
2, and 3 ("TIF Districts"), all redevelopment tax increment financing districts, (the Project plan
Modification and the TIF Plans are referred to collectively herein as the " Modifications")and cause
notice of said public 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 are in accordance with the Comprehensive Plan of the City, prior to the
date of the public hearing.
3. The Executive Director of the EDA is hereby directed to submit a copy of the Modifications to the
Council for its approval.
4. The EDA directs the Executive Director to transmit the Modifications to the county and the school
district in which TIF District Nos. 1,2, and 3 are located not later than September 7, 2012.
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the
Modifications and related documents and to undertake other actions necessary to bring the
Modifications before the Council.
Resolution 12-EDA-271
Page 2
Approved by the Board on August 13,2012.
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J, ., - t
ATTEST:
James Ericson,Executive Director
(seal)