HomeMy WebLinkAbout1996-213 CCR1
1
Member
moved its adoption:
Kristen Mann introduced the following resolution and
RESOLUTION NO. 96 -213
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON
MODIFICATIONS OF THE TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 3
WHEREAS, the Economic Development Authority in and for the City of Brooklyn
Center "Authority administers Housing Development and Redevelopment Project No. 1 and Tax
Increment Financing District No. 3 "TIF District within Housing Development and
Redevelopment Project No.1, pursuant to Minnesota Statutes, Sections 469.090 to 469.1081 and
Sections 469.174 to 469.179 (collectively, the "Acts and
WHEREAS, due to significant property value changes within the TIF District, the
City Council has determined to consider modifications to the Tax Increment Financing Plan "TIF
Plan") for the TIF District and to hold a public hearing thereon in accordance with the Minnesota
Statutes, Section 469.175.
NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council of the
City of Brooklyn Center, Minnesota (the "City as follows:
1. Public Hearing. This Council shall meet on Monday, December 16, 1996, at
approximately 7:00 P.M. to hold a public hearing on the proposed modifications
of the TIF Plan, all pursuant to and in accordance with Minnesota Statutes.
Sections 469.174 to 469.179, inclusive, as amended, in an effort to encourage
the development and redevelopment of certain designated areas within the City;
and
2. Notice of Hearing; Filing of Program. The City Manager is authorized and
directed to engage the services of legal and financial firms to review and advise
on the modified plan, to prepare the modifications to the TIF Plan and to
forward the documents to the appropriate taxing jurisdictions, including
Hennepin County and Independent School Districts Nos. 11, 279, 281 and 286.
The City Clerk is authorized and directed to cause notice of the hearing, together
with an appropriate map as required by law, to be published in the official
newspaper of the City not later than ten days prior to December 16, 1996, and
to place a copy of the proposed modifications to the TIF Plan on file in the
Clerk's Office at City Hall and to make such copy available for inspection by
the public.
October 28 1996 L /2144J 4L+_ /1 A
Date a O Mayor
1
RESOLUTION NO. 96 -213
ATTEST: .litAtiYC*4L M
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Charles Nichols and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kathleen Carmody, Debra Hilstrom, Kristen Mann, and Charles Nichols;
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.