HomeMy WebLinkAboutResolution 05-EDA211RESOLUTION N0.05-EDA-211
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
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 PROJECT PLAN FOR THE
MOUNDS VIEW ECONOMIC DEVELOPMENT PROJECT AND THE
PROPOSED MODIFICATION TO THE TAX INCREMENT FINANCING PLAN
FOR TAX INCREMENT FINANCING DISTRICT N0.5.
BE IT RESOLVED, by the Board of Commissioners ("Board") of the Mounds View
Economic Development Authority ("EDA") 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 469.1799, 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
Plan for Tax Increment Financing District No. 5, 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 February 13,
2006 to consider the proposed adoption of a modification to the Project Plan for the
Mounds View Economic Development Project and the proposed modification of the Tax
Increment Financing Plan for Tax Increment Financing District No. 5, a special legislation
economic development tax increment financing district, (collectively 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 Ramsey County
and Mounds View School District No. 621, in which TIF District No. 5 is located in, not
later than January 13, 2006.
EDA Resolution 05-EDA-211
Page 2
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.
Approved by the Board on December 12, 2005.
Rob arty, Presiden
ATTEST:
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Kurt Ulrich, Executive Director