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HomeMy WebLinkAbout1985-089 CCRMember Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 85 -89 RESOLUTION CALLING A PUBLIC HEARING ON THE ESTABLISHMENT OF A REDEVELOPMENT PROJECT AND A TAX INCREMENT FINANCING DISTRICT WHEREAS, the City of Brooklyn Center is authorized by Minnesota Statutes, Section 462.411, et seq. to establish a Redevelopment Project in the City to provide an impetus for new development, and the City is authorized by Minnesota Statutes, Section 273.71 to 273.78, inclusive, to establish a Tax Increment Financing District; and WHEREAS, the City Council has investigated the facts and has determined that it is necessary and desirable to the economic development of the City of Brooklyn Center to establish a Redevelopment Project and a Tax Increment Financing District. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, as follows: 1. A Redevelopment Project Plan and a Tax Increment Financing Plan shall be prepared. 2. The Tax Increment Financing Plan shall be referred to Independent School District No. 286 and Hennepin County for review and comment. 3. The City Council shall conduct a public hearing on the establishment of the Redevelopment Project and the adoption of a Tax Increment Financing Plan at 7:30 p.m. on July 8, 1985, in accordance with Minnesota Statutes. The City Clerk is directed to publish notice of the hearing in the official newspaper at least 10 days but not less than 30 days prior to July 8th. June 10, 1985 o Date I ATTEST: r P v Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Bill Hawes and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.