HomeMy WebLinkAbout2002-122 CCRMember Bob Peppe introduced the following resolution and
moved its adoption:
RESOLUTION NO. 2002-122
RESOLUTION CALLING FOR A PUBLIC HEARING ON AN AMENDMENT OF
THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING
DISTRICT NO.4
WHEREAS, the Brooklyn Center Economic Development Authority (the
"Authority") has heretofore adopted a Tax Increment Financing Plan for Tax Increment
Financing District No. 4 (the "TIF District") in connection with a redevelopment project
undertaken with the TIF District and commonly referred to as the Twin Lakes Business Park.
WHEREAS, the Authority has heretofore determined that it is necessary and
desirable to amend the Tax Increment Financing Plan to, among other things, elect that original
local tax rate provisions under Minnesota Statutes, Section 469.177, subdivision 1(a), do not
apply to the TIF District.
WHEREAS, Minnesota Statutes, Section 469.1791, subdivision 3, provides that
the Authority may take the above referenced action only after the City approves the action, by
resolution, after a public hearing.
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, October 28, 2002, at
approximately 7 P.M., or as soon thereafter as the matter may be heard, to hold a public hearing
on the proposed amendment to the Tax Increment Financing Plan for Tax Increment Financing
District No. 4, all pursuant to and in accordance with Minnesota Statutes, Sections 469.174
through 469.179, both inclusive, as amended (collectively, the "Act").
2. Notice of Hearing; Filing of Program. The Clerk is hereby authorized to
cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be
published as required by the Act and to place a copy of the proposed amendment to the tax
increment financing plan on file in the City Manager's Office at City Hall and to make such copy
available for inspection by the public.
September 9, 2002 \JiuC Date Mayor
ATTEST:~~~~~
Clerk
The motion for the adoption of the -foregoing resolution was duly seconded by member
Tim Ricker and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kay Lasman, Ed Nelson, Bob Peppe, and Tim Ricker;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.
RESOLUTION NO. 2002-122
EXHIBIT A
CITY OF BROOKLYN CENTER
HENNEPIN COUNTY
STATE OF MINNESOTA
NOTICE OF PUBLIC HEARING ON AN AMENDMENT
TO THE TAX INCREMENT FINANCING PLAN
FOR TAX INCREMENT FINANCING DISTRICT NO. 4
NOTICE IS HEREBY GIVEN that the City Council of the City of Brooklyn Center,
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Hennepin County, Minnesota, will hold a public hearing on Monday, October 28, 2002 at 7
P.M., or as soon thereafter as the matter may be heard, at the City Hall, 6301 Shingle Creek
Parkway, Brooklyn Center, Minnesota, regarding the adoption of a proposed amendment to the
Tax Increment Financing Plan for Tax Increment Financing District No. 4, pursuant to
Minnesota Statutes, Section 469.174 through 469.179, both inclusive, as amended. The
amendments will provide, among other things, that the original local tax rate provisions of
Minnesota Statutes, Section 469.177, subdivision l(a), will not apply to Tax Increment
Financing District No. 4. A copy of the amendment to the Tax Increment Financing Plan, as
proposed to be adopted, is on file and available for public inspection at the office of the City
Manager at City Hall.
A map showing the location and boundaries of the Tax Increment Financing District No.
4 and Housing Development and Redevelopment Project No. 1 are set forth as below:
[INSERT MAP]
All interested persons may appear at the hearing and present their views orally or in
writing.
1445030v1
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RESOLUTION N0` 20x2_122
ORDER OF THE CITY COUNCIL
2002 BY
Dated: September 9,
/s/ Michael McCauley
City Manager
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144503OVI
RESOLUTION NO. 2002-122
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