HomeMy WebLinkAbout18-EDA-305MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 18 -EDA -305
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF MOUNDS
VIEW CALL 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. 1-6 (A HOUSING DISTRICT)
THEREIN AND THE ADOPTION OF A TAX INCRMENT FINANCING PLAN
THEREFOR.
BE IT RESOLVED, by the Board of Commissioners ('Board") of the Mounds View Economic
Development Authority ('BDA") as follows:
WHEREAS, the City Council ("Council') of the City of Mounds View, Minnesota ("City") established
the Mounds View Economic Development Project pursuant to Minnesota Statutes, Sections 469.174 to
469.1794, 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 Development Program for the Mounds View
Economic Development Project and the establishment of Tax Increment Financing District No. 1-6 therein
and the adoption of a Tax Increment Financing Plan therefor, all pursuant to, and in accordance with,
Minnesota Statutes, Sections 469.174 to 469.1794 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 March 12, 2018 to
consider the proposed adoption of a Modification to the Development Program for the Mounds View
Economic Development Project (the 'Development Program Modification") and the proposed adoption of
a Tax Increment Financing Plan (the "TIF Plan") for Tax Increment Financing District No. 1-6 (the "TIF
District'), a housing tax increment financing district, (the Development Program Modification and the
TIF Plan are referred to collectively herein as the "Program Modification and TIF Plan") 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 Program Modification and TIF
Plan to the Planning Commission of the City and requests the Planning Commission's written opinion
indicating whether the proposed Program Modification and TIF Plan 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 Program Modification
and TIF Plan to the Council for its approval.
4. The EDA directs the Executive Director to transmit the Program Modification and TIF Plan to Ramsey
County and Mounds View School District No. 621, in which the TIF District is located, not later than
February 9, 2018.
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Program
Modification and TIF Plan and related documents and to undertake other actions necessary to bring the
Program Modification and TIF Plan before the Council.
Approved by the Board on January 22, 2018.
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Carol Mueller, President
ATTEST:
Nyl ikm , Executive Director