Loading...
HomeMy WebLinkAbout1999.12.20 RESO 1999-0027RESOLUTION 1999-27 RESOLUTION CALLING FOR A PUBLIC HEARING ON THE PROPOSED ADOPTION OF THE MODIFICATION TO THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1, AND THE PROPOSED MODIFICATION OF TIF DISTRICT No. 1-1 THEREIN, AND THE PROPOSED MODIFICATION OF THE TIF PLAN THEREFOR. BE IT. RESOLVED by the City Council (the "Council") for the City of Hugo, Minnesota (the "City"), as follows: Section 1. Public Hearing= This Council shall meet on Monday, February 7, 2000, at approximately 7:00 pm, to hold a public hearing on the proposed adoption of the Modification to the Development Program for Development District No. 1, the proposed modification of Tax Increment Financing District No. 1-1 (a scattered site redevelopment district), and the proposed adoption of a Modification to the Tax Increment Financing Plan therefor, all pursuant to and accordance with Minnesota Statutes, Section 469.124 through 469.134, inclusive, as amended, and Minnesota Statutes, Sections 469.174 through 469.179, inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City. The proposed modifications will expand the boundaries of District No. 1-1 and amend the budget, amount of bonded indebtedness and parcels for potential acquisition. The proposed modifications will include changes in the Development Program. Section 2. Notice of Public Hegk&ilin of Program and Plan. City staff is authorized and directed to work with Ehlers and Associates, Inc., to prepare the Modification to the Development Program and Modification of the Tax Increment Financing Plan (the "Modifications") and to forward documents to the appropriate taxing jurisdictions including Washington County and Independent School District No. 624. The City Clerk/Treasurer is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than ten (10), nor more than 30, days prior to February 7, 2000, and to place a copy of the Modifications on file in the City Clerk/Treasurer's office at City Hall, and to make such copy available for inspection by the public. Upon roll. Council members voting AYE: Barnes, Leroux, Petryk, Stotlzman Voting NAY: None Whereupon said resolution was declared passed and adopted this 20th day of December, 1999. 46)X&V Walter L. Stoltzman Mayor ATTEST: Mary Creager, City Cl FadwworaM