1996.08.19 RESO 1996-0006 - Laserfiche WebLink

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EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF HUGO, MINNESOTA HELD: August 19, 1996 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Hugo, Washington County, Minnesota, was duly held on the 19th day of August, 1996, 7:00 p.m. The following members of the Council were present: Debra Barnes, Andrew Goiffon, James Leroux, Fran Miron and the following were. absent: Tim Agness Member Debra Barnes introduced the following resolution and moved its adoption: RESOLUTION 96-6 RESOLUTION APPROVING THE ESTABLISHMENT OF DEVELOPMENT DISTRICT NO. 1 AND THE ADOPTION OF THE DEVELOPMENT PROGRAM RELATING THERETO, AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-1 THEREIN AND APPROVING THE TAX INCREMENT FINANCING PLAN RELATING THERETO WHEREAS: A. It has been proposed that the City of Hugo, Minnesota (the "City"), establish Development District No. 1 and adopt a development program with respect thereto, and establish Tax Increment Financing District No. 1-1 therein and adopt a tax increment financing plan with respect thereto, under the provisions of Minnesota Statutes, Sections 469.124 to 469.134 and 469.174 to 469.179 (collectively, the "Act"); B. The Council has investigated the facts and has caused to be prepared a proposed development program for Development District No. 1, and has caused to be prepared a proposed tax increment financing plan for Tax Increment Financing District No. 1-1; and C. The City has performed all actions required by law to be performed prior to the establishment of Development District No. 1 and Tax Increment Financing District No. 1-1 and the adoption of the proposed development program and tax increment financing plan relating thereto, including, but not limited to, notification of Washington County and Independent School District No. 624 having taxing jurisdiction over the property to be included in Tax Increment Financing District No. 1-1, a review by 329101.1