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RES 16-031 RELATING TO A TAX ABATEMENT BY THE CITY ON CERTAIN PROPERY LOCATED WITHIN THE CITY AND IN RAMSEY COUNTY; CALLING FOR A PUBLIC HEARING
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RES 16-031 RELATING TO A TAX ABATEMENT BY THE CITY ON CERTAIN PROPERY LOCATED WITHIN THE CITY AND IN RAMSEY COUNTY; CALLING FOR A PUBLIC HEARING
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Exhibit A <br />NOTICE OF PUBLIC HEARING <br />REGARDING PROPOSED PROPERTY TAX ABATEMENTS <br />NOTICE IS HEREBY GIVEN that the City Council of the City of St. Anthony, Minnesota, will hold a <br />public hearing of the City Council beginning at 7:00 p.m., on April 12, 2016, to be held at St. Anthony <br />City Hall, 3301 Silver Lake Road, St. Anthony, Minnesota, on the proposal that the City abate property <br />taxes levied by the City on the property identified as tax parcel numbers: <br />313023410008 <br />313023440085 <br />313023440092 <br />313023440037 <br />313023440022 <br />313023440042 <br />313023440086 <br />313023440093 <br />313023440058 <br />313023440023 <br />313023440041 <br />313023440087 <br />313023440094 <br />313023410005 <br />313023440024 <br />313023440081 <br />313023440088 <br />313023440040 <br />313023410006 <br />313023440025 <br />313023440082 <br />313023440089 <br />313023440039 <br />313023410004 <br />313023440062 <br />313023440083 <br />313023440090 <br />313023440027 <br />313023440026 <br />313023440029 <br />313023440084 <br />313023440091 <br />313023440038 <br />313023440020 <br />The total amount of the taxes proposed to be abated by the City on the property for up to a 10 <br />year period is estimated to be not more than $1,800,000. The City Council will consider the property tax <br />abatement to finance the water quality and flood improvements to Mirror Pond, the City's regional storm <br />water pond and complete nearly 1.5 miles of new sidewalk construction and ADA upgrades at eight <br />intersection to improve pedestrian safety in the City (the "Project "), <br />The City proposes to issue General Obligation Tax Abatement Bonds in an amount not to exceed <br />$1,800,000 to finance the Projects. <br />All interested persons may appear at the April 12, 2016 public hearing and present their views orally or <br />in writing. <br />BY ORDER OF THE CITY COUNCIL OF <br />THE CITY OF ST. ANTHONY, MINNESOTA <br />/s/ Mark Casey <br />City Manager <br />A -1 <br />Published March 30, 2016 <br />
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