HomeMy WebLinkAbout2015-10-11 PACKET 04.02.A.
SCHEDULE OF EVENTS
COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF COTTAGE GROVE
WASHINGTON COUNTY, MINNESOTA
FOR THE MODIFICATION TO THE
DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1
AND THE ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO. 1-16
(an economic development district)
November 10, 2015 EDA requests that the City Council call for a public hearing on the proposed
Modification to the Development Program for Development District No. 1 and the
proposed Establishment of Tax Increment Financing District No. 1-16.
EDA calls for a public hearing on the sale of land and on a business subsidy.
November 16, 2015 Project information (property identification numbers/parcel list, maps and list of
sources and uses of funds) for drafting necessary documentation sent to Ehlers.
November 18, 2015 City Council calls for public hearing on the proposed Modification to the
Development Program for Development District No. 1 and the proposed
Establishment of Tax Increment Financing District No. 1-16.
N/A* Project information submitted to the County Board for review of county road
impacts if necessary* (at least 45 days prior to public hearing). *The County
Board, by law, has 45 days to review the TIF Plan to determine if any county roads
will be impacted by the development. Because the City staff believes that the
proposed tax increment financing district will not require unplanned county road
improvements, the TIF Plan will not be forwarded to the County Board 45 days
prior to the public hearing. Please be aware that the County Board could claim
that tax increment should be used for county roads, even after the public hearing.
December 7, 2015 Fiscal/economic implications received by School Board Clerk and County Auditor
(at least 30 days prior to public hearing). \[Ehlers will fax & mail on or before
December 7, 2015.\]
SCHEDULE OF EVENTS PAGE 2
COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF COTTAGE GROVE
WASHINGTON COUNTY, MINNESOTA
FOR THE MODIFICATION TO THE
DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1
AND THE ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO. 1-16
(an economic development district)
December 8, 2015 EDA considers the Program Modification and TIF Plan and approves a resolution.
EDA holds a public hearing on the sale of land and on a business subsidy
agreement.
December 14, 2015 Ehlers & Associates conducts internal review of the Program Modification and
TIF Plan.
December 16, 2015 Date of publication of TIF hearing notice and map (at least 10 days but not more
than 30 days prior to hearing). \[South Washington County Bulletin publication
deadline, 4:00 .., December 9, 2015. Ehlers will submit notice, map, and
PM
instructions to newspaper via email on or before December 9, 2015.\]
December 21, 2015 Planning Commission reviews Program Modification and TIF Plan.
January 6, 2016 City Council holds a public hearing at 7:00 .. on a Modification to the Development
PM
Program for Development District No. 1 and the Establishment of Tax Increment
Financing District No. 1-16. \[Ehlers will send Council packet information to City
via email on or before December 30, 2015.\]
City approves the business subsidy agreement and TIF agreement.
January 7, 2016 City can issue building permits and development can commence.
__________, 2016 Ehlers & Associates files the Program Modification and TIF Plan with the MN
Department of Revenue and the Office of the State Auditor and with Washington
County.
An action under subdivision 1, paragraph (a), contesting the validity of a determination by an authority under section 469.175,
subdivision 3, must be commenced within the later of:
(1) 180 days after the municipality's approval under section 469.175, subdivision 3; or
(2) 90 days after the request for certification of the district is filed with the county auditor under section 469.177, subdivision 1.