Loading...
HomeMy WebLinkAbout1998-07-15 PACKET 04.I.REQUEST OF CITY COUNCIL ACTION COUNCIL AGENDA MEETING 17EM # / � � DATE 7/15/98 �'1� , �'REP^,P.ED 8Y: Economic Cev�lcpment Kirstin Barsness C7RIGINATING DEPARTMENT STAFF AUTHOR �����������<<«�..��>..�..�<>�,���.��.«���������� COUNCIL ACTION REQUEST Adopt resolution calling for a public hearing to modify the project plan for Development District No. 1, and the proposed modification to the tax increment financing plan for TIF District 1-7. BUDGET IMPLICATION SUPPORTING DOCUMENTS BUDGETED AMOUNT ACTUAL AMOUNT ❑ MEMO/LETTER: � RESOLUTION: Draft ❑ ORDINANCE: ❑ ENGINEERING RECOMMENDATION: ❑ LEGAL RECOMMENDATION: ❑ OTHER: ADMINISTRATORS COMMENTS � C' !a��1� _ City Administrator Date ��<.�<,,....�.>���<,...��,�.�����,..�.���.���.���<�� C�UNCI� ACTION TAK�N: ❑ A?F'ROVE� ❑ DENlEC ❑ OTHER FiGROUPSVPER ECON\KEBACC; ItemsVDistrict 1 F� TIP 1-�7 Cov�r.doc CITY OF COTTAGE GROVE, MINNESOTA RESOL'Ui'ION NO. RESOLUTION CALLING FOR A PUBLIC FIEARING BY TAE CITY O1V' THE ADOPTION OF THE PROPOSED MODIFICATION TO THE PROJECT PLAN FOR DEVELOPMENT DISTRICT NO. 1, AND TFIE PROPOSED MODII'ICATION TO THE TAX INCREMENT FINANCING PLAl� FOR TAX INCREMENT FiNANCING DISTRICT NO. 1-7 TFIEREIl\'. BE IT RESOLVED by the City Council (the "Counci]") for the City of Coftage Grove, Minnesota (the "City"), as follows: Section 1. Public Hearine. This Council shall meet on Wednesday, August 5, 1998, at approximaTely 730 p.m., fo hold a public hearing on the proposed adoption of the Modification to the Project Plan for Development District No. 1, the proposed Modification of the Tax Increment Financing Plan for Tas Increment Finaneing District No. 1-7, all pursuant to and accordance with Minnesota Statutes, Sections 469.124 through 469.134, inclusive, as amended, and Minnesota Statutes, Seetions 469174 through 469.179, inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City; and Seetion 2. Notiee of Public Hearine, Filina of Modifications. City staff is authorized and directed to work with Ehlers and Associates, Inc, to prepare the Modification to the Project Plan and the Modifieation to the Tax Increment Financing Pian (the "Modifications") and to Porward doeuments to the appropriate taxing jurisdictions including Washington County and Independent School District No. 833. The Ciry Clerk is authorized and directed to cause notice of the hearing, together wifh 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 pnor to 7une 3, I998, and to place a copy of the Modifieations on file in tbe City Clerk's office at City Hall and to make sueh copy available for inspection by the public. Dated: Adopted: Mayor ATTEST: City Clerk [dRES\S1Ft-9RE5-DOC