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HomeMy WebLinkAbout1996.07.02 RESO 1996-0005CITY OF HUGO RESOLUTION NO. 96-5 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON THE PROPOSED ESTABLISHMENT OF DEVELOPMENT DISTRICT NO. 1 AND TAX INCREMENT FINANCING DISTRICT NO. 1-1. 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, August 19, 1996 at approximately 7:00 P.M., to hold a public hearing on the proposed adoption of the Development Program for Development District No. 1 and the proposed establishment of Tax Increment Financing District No. 1-1 pursuant to and accordance with Minnesota Statutes, Sections 469.124 through 469.134, both inclusive, as amended, and Minnesota Statutes, Sections 469.174 through 469.179, both inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City; and Section 2. Notice of Public Hearing Filing of Progom and Plan. Staff is authorized and directed to work with Ehlers and Associates to create the Development Program and the Tax Increment Financing Plan 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 10, nor more than 30, days prior to August 19, 1996, and to place a copy of the Program and Plan on file in the City Clerk -Treasurer's office at City Hall and to make such copy available for inspection by the public. Dated: July 2, 1996 Adopted: July 2, 1996 4yo ATTEST: City -Treasurer NAVIMATAU UGo1 R-1WAL MASS