HomeMy WebLinkAboutResolution 6575
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RESOLUTION NO. 6575
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE PROPOSED
ADOPTION OF A MODIFICATION TO THE DEVELOPMENT PROGRAM FOR
THE MOUNDS VIEW ECONOMIC DEVELOPMENT PROJECT AND THE
PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT
NO.5 AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN;
APPROVING MINNESOTA STATUTE CHAPTER 152, ARTICLE 2, SECTION
26 AND REQUESTING APPROVAL BY RAMSEY COUNTY AND THE
MOUNDS VIEW SCHOOL DISTRICT.
BE IT RESOLVED by the City Council (the "Council") for the City of Mounds View, Minnesota
(the "City"), as follows:
Section 1. Public Hearina. This Council shall meet on August 22, 2005, at
approximately 7:00 P.M., to hold a public hearing on the proposed adoption of a Modification to
the Development Program for the Mounds View Economic Development Project
("Development Program Modification"), the proposed establishment of Tax Increment
Financing District NO.5 ("TIF District No.5"), a special legislation economic development tax
increment financing district, and the adoption of a Tax Increment Financing Plan ("TIF Plan")
therefor (the Development Program Modification and the TIF Plan are referred to collectively
herein as the "Program Modification and TIF Plan") all pursuant to and in accordance with
Minnesota Statutes, Sections 469.090 to 469.1082, and Sections 469.174 to 469.1799,
inclusive, in an effort to encourage the development and redevelopment of certain designated
areas within the City; and
Section 2. Notice of Public Hearina, Filina of the Proaram Modification and TIF
Plan. City staff is authorized and directed to work with Ehlers & Associates, Inc., to prepare
the Program Modification and TIF Plan for TIF District No. 5 and to forward appropriate
documents to Ramsey County and Mounds View School District No. 621. The City
Administrator is authorized and directed to cause notice of the hearing, together with an
appropriate map as required by law, to be published at least once in the official newspaper of
the City not later than 10, nor more than 30, days prior to August 22, 2005, and to place a copy
of the Program Modification and TIF Plan on file in the City Administrator's office at City Hall
and to make such copy available for inspection by the public.
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Adopted this 2ih day of June, 2005 by the City of
Mounds View.
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ATTEST:
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Kurt Ulrich, City Administrator
(seal)