HomeMy WebLinkAbout1990 03-26 EDAP Regular Session EDA AGENDA
CITY OF BROOKLYN CENTER
MARCH 26, 1990
7 p.m.
. 1. Call to Order
2. Roll Call
3. Resolution:
a. Approving a Modified Project Plan for Housing
Development Project No. 01 and Tax Increment Financing
Plan for Tax Increment Financing District No. 01
Requesting the Brooklyn Center City Council to Conduct
a Public Hearing Thereon; Recommending Approval of the
Plans
4. Adjournment
•
Commissioner introduced the following
resolution and moved its adoption:
EDA RESOLUTION NO.
RESOLUTION APPROVING A MODIFIED PROJECT PLAN FOR
HOUSING DEVELOPMENT PROJECT NO. 01 AND TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO.
01 REQUESTING THE BROOKLYN CENTER CITY COUNCIL TO
CONDUCT A PUBLIC HEARING THEREON; RECOMMENDING APPROVAL
OF THE PLANS
BE IT RESOLVED by the Economic Development Authority of
the City of Brooklyn Center, Minnesota, as follows:
Section 1. Recitals
1.01. The Housing and Redevelopment Authority in and for the
City of Brooklyn Center, Minnesota (HRA), previously
adopted a project plan (Project Plan) for a project area
(Project Area) and a tax increment financing plan (TIF
Plan) for a tax increment financing district (TIF
District) generally known as Brookwood.
1.02. The city council of the City of Brooklyn Center (City)
held a public hearing on the Project Plan and TIF Plan
(collectively, Plans) and approved the Plans.
1.03. Responsibility for the Project Area and TIF District has
been shifted from the HRA to the Economic Development
Authority of Brooklyn Center (EDA).
1.04. Changes in the public goals to be undertaken in the
Project Area and TIF District have occurred since the time
of the adoption of the Plans and have necessitated
modification of the Plans.
1.05. The EDA has caused to be prepared a modified Project Plan
and TIF Plan which are contained in a document entitled
"Modified Housing Development Project Plan and Modified
Tax Increment Financing Plan (Brookwood)" dated August 16,
1989, and on file with the EDA.
Section 2. EDA Approval
2.01. The EDA finds that the objectives of the EDA in
encouraging development and redevelopment within the
Project Area and TIF District will be advanced by adoption
of the modified Plans.
2.02. The modified Plans are hereby approved and adopted by the
EDA.
EDA RESOLUTION NO.
Section 3. Further Proceeding
3.01. The executive director of the EDA is hereby authorized and
directed to transmit copies of the modified Project Plan
and TIF Plan to the school board of Independent School
District No. 286 and the board of commissioners of
Hennepin County for review and comment and to notify said
public bodies of the public hearing to be held on the
Plans by the city council.
3.02. The EDA requests that the Brooklyn Center planning
commission review the modified Project Plan and TIF Plan
and comment regarding the consistency of the Plans with
the City's comprehensive plan.
3.03. The EDA requests the city council to hold the public
hearing on the modified Plans required by state statute as
soon hereafter as is practicable and recommends that the
modified Plans be approved by the city council.
Date President
The motion for the adoption of the foregoing resolution was duly
seconded by Commissioner and upon vote being
taken thereon, the following voted in favor thereof:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.