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HomeMy WebLinkAbout2016-016 CCRMember Dan Ryan introduced the following resolution and moved its adoption: RESOLUTION NO 2016-16 RESOLUTION CALLING FOR A PUBLIC HEARING ON A MODIFICATION TO THE REDEVELOPMENT PLAN FOR HOUSING DEVELOPMENT AND REDEVELOPMENT PROJECT NO. 1, THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 7, AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR. 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 March 28, 2016, at approximately 7:00 P.M., or as soon thereafter as notice may be given in accordance with Minnesota Statutes, Sections 469.174 to 469.1794, as amended (the "TIF Act") to hold a public hearing on a proposed modification to the Redevelopment Plan for Housing Development and Redevelopment Project No. 1 (the "Modification"), the proposed establishment of the Tax Increment Financing District No. 7 (a Redevelopment District) (the "TIF District"), and the proposed adoption of a Tax Increment Financing Plan for the TIF District (the "TIF Plan"), pursuant to Minnesota Statutes, Sections 469.090 to 469.1082, as amended, and the TIF Act. 2.Notice of Public Hearing, Filing of Plans. City staff and consultants are directed and authorized to prepare the Modification and TIF Plan and to forward such documents to the appropriate taxing jurisdictions, including Hennepin County and Independent School District No. 286 (Brooklyn Center). The City Clerk is authorized and directed to cause notice of the hearing in substantially the form attached as Exhibit A hereto, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not less than 10, nor more than 30, days prior to the public hearing, and to place a copy of the Modification and TIF Plan on file in the City Clerk's office at City Hall and to make such copy available for inspection by the public. January 25, 2016 Date Mayor ATTEST: fVAfIi1M 'JthrAI( City The motion for the adoption of the foregoing resolution was duly seconded by member Lin Myszkowski and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, April Graves, Kris Lawrence-Anderson, Lin Myszkowski, Dan Ryan and the following voted against the same: whereupon said resolution was declared duly passed and adopted. RESOLUTION NO. 2016-16 EXHIBIT A NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the City Council of the City of Brooklyn Center, Hennepin County, State of Minnesota, will hold a public hearing on March 28, 2016, at approximately 7:00 P.M. at the City Hall, 6301 Single Creek Parkway, Brooklyn Center, Minnesota, relating to the proposed adoption of a Modification to the Redevelopment Plan for Housing Development and Redevelopment Project No. 1 (the "Redevelopment Plan Modification"), the proposed establishment of the Tax Increment Financing District No. 7 (a Redevelopment District) within Housing Development and Redevelopment Project No. 1, and the proposed adoption of a Tax Increment Financing Plan (the "TIF Plan") therefor, pursuant to Minnesota Statutes, 469.090 to 469.1082 and Sections 469.174 to 469.1794, as amended. Copies of the Redevelopment Plan Modification and TIF Plan are on file and available for public inspection at the office of the Director of Business and Development at City Hall. The property to be included in the Tax Increment Financing District No. 7 is located within Housing Development and Redevelopment Project No. 1 and the City of Brooklyn Center. A map of Housing Development and Redevelopment Project No. 1 and Tax Increment Financing District No. 7 is set forth below. Subject to certain limitations, tax increment from the Tax Increment Financing District No. 7 may be spent on eligible uses within the boundaries of Housing Development and Redevelopment Project No. 1. [INSERT MAP of Housing Development and Redevelopment Project No. 1, and Tax Increment Financing District No. 7] All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing. BY ORDER OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER, MINNESOTA City Clerk 0