HomeMy WebLinkAboutCC RES 92-032 RESOLUTION CALLING FOR A PUBLIC HEARING ON A REDEVELOPMENT PLAN AND TAX INCREMENT FINANCING PLAN Meeting Sheet
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103569
Box: 26
Folder: RES 1992
Document: CC RES 92-032 RESOLUTION CALLING FOR A PUBLIC
HEARING ON A REDEVELOPMENT PLAN AND TAX INCREMENT
FINANCING PLAN
RESOLUTION 92-032
• RESOLUTION CALLING FOR A PUBLIC HEARING ON
A REDEVELOPMENT PLAN AND TAX INCREMENT
FINANCING PLAN
BE IT RESOLVED, by the City Council of the City of St. Anthony,
Minnesota (the "City"), as follows:
1. Proposed Redevelopment Plan and Tax Increment Financing Plan.
The Housing and Redevelopment Authority of the City of St. Anthony, Minnesota
(the "HRA") has informed the City that it is considering approving a
redevelopment plan, as defined in Minnesota Statutes, Section 469.002, subdivision
16, relating to Apache Plaza Shopping Center located in the City (the
"Redevelopment Plan"), and a redevelopment project to be undertaken pursuant
thereto, as defined in Minnesota Statutes, Section 469.002, subdivision 14 (the
"Redevelopment Project"). In order to finance the public redevelopment costs to be
incurred by the HRA and the City in connection with the Redevelopment Plan and
the Redevelopment Project, the HRA will also consider approving a tax increment
financing plan (the "Financing Plan"), which will establish a tax increment
financing district, as defined in Minnesota Statutes, Section 469.174, subdivision 9
('District"). The HRA has requested that this Council hold a public hearing on the
Redevelopment Plan as required by Minnesota Statutes, Section 469.028, subdivision
• 1, and a public hearing on the Financing Plan as required by Minnesota Statutes,
Section 469.175, subdivision 4.
2. Public Hearing. A public hearing is hereby scheduled to be held on
the proposed Redevelopment Plan and Financing Plan at 7:30 P.M. on Tuesday,
August 25, 1992, in the Council Chambers. The City Manager is hereby authorized
and directed to cause notice of such public hearing in substantially the form of
Exhibit A hereto to be published in the official newspaper of the City not less than 10
days prior to the date of the hearing, and to provide the information required by
Minnesota Statutes, Section 469.174, subdivision 2 to the appropriate governmental
bodies.
Passed by the Council this 14th day of July, 1992.
Mayor
Attest2 c-eJ c�►�zJ
Ci Clerk
• Reviewed for administration:
City Manager