HomeMy WebLinkAboutRES 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 HEARINGCITY OF ST. ANTHONY VILLAGE
STATE OF MINNESOTA
RESOLUTION 16 -031
RESOLUTION RELATING TO A TAX ABATEMENT
BY THE CITY ON CERTAIN PROPERTY
LOCATED WITHIN THE CITY AND IN RAMSEY
COUNTY; CALLING FOR A PUBLIC HEARING
BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota
(the "City "), as follows:
Section 1. Authorization and Recitals.
1.01. The City, pursuant to Minnesota Statutes, Sections 469.1812 to 469.1815,
as amended (the "Act "), is authorized to grant an abatement of the property taxes
imposed by the City on parcels of property located within the City, if certain conditions
are met, through the adoption of a resolution, specifying the terms of the abatement.
1.02. To finance improvements to water quality and flood improvements to
Mirror Pond, the City's regional storm water pond and complete nearly 1.5 miles of new
sidewalk construction and ADA upgrades at eight intersection to improve pedestrian
safety the City is proposing to abate the property taxes imposed by the City with respect
to the parcels of property located in Ramsey County which are described in Exhibit A
hereto (the "Property ").
1.03. Pursuant to the Act, this Council may approve the abatement only after
holding a public hearing on the abatement.
Section 2. Public Hearing. A public hearing on the proposed abatement of
property taxes imposed by the City with respect to the Property is hereby called and shall
be held on April 12, 2016 at approximately 7:00 p.m. at City Hall.
Section 3. Notice. The City Clerk is hereby authorized and directed to cause
notice of said hearing in substantially the form attached hereto as Exhibit A to be given
one publication in a newspaper of general circulation in the City at least 10 days but not
more than 30 days before the hearing. The newspaper must be one of general interest and
readership in the City, and the notice must be published at least once.
Adopted this 22nd day of March, 2016 7
Jerome O. Faust, Mayor
ATTEST:
N c fe Miller, City Clerk
Reviewed for Administration:
Mark Casey, ity Manager
Exhibit A
NOTICE OF PUBLIC HEARING
REGARDING PROPOSED PROPERTY TAX ABATEMENTS
NOTICE IS HEREBY GIVEN that the City Council of the City of St. Anthony, Minnesota, will hold a
public hearing of the City Council beginning at 7:00 p.m., on April 12, 2016, to be held at St. Anthony
City Hall, 3301 Silver Lake Road, St. Anthony, Minnesota, on the proposal that the City abate property
taxes levied by the City on the property identified as tax parcel numbers:
313023410008
313023440085
313023440092
313023440037
313023440022
313023440042
313023440086
313023440093
313023440058
313023440023
313023440041
313023440087
313023440094
313023410005
313023440024
313023440081
313023440088
313023440040
313023410006
313023440025
313023440082
313023440089
313023440039
313023410004
313023440062
313023440083
313023440090
313023440027
313023440026
313023440029
313023440084
313023440091
313023440038
313023440020
The total amount of the taxes proposed to be abated by the City on the property for up to a 10
year period is estimated to be not more than $1,800,000. The City Council will consider the property tax
abatement to finance the water quality and flood improvements to Mirror Pond, the City's regional storm
water pond and complete nearly 1.5 miles of new sidewalk construction and ADA upgrades at eight
intersection to improve pedestrian safety in the City (the "Project "),
The City proposes to issue General Obligation Tax Abatement Bonds in an amount not to exceed
$1,800,000 to finance the Projects.
All interested persons may appear at the April 12, 2016 public hearing and present their views orally or
in writing.
BY ORDER OF THE CITY COUNCIL OF
THE CITY OF ST. ANTHONY, MINNESOTA
/s/ Mark Casey
City Manager
A -1
Published March 30, 2016