HomeMy Public PortalAbout1986-005Member /14 /c✓2 or) 4 ,1
moved its adoption:
introduced the following resolution and
CITY OF MEDINA
RESOLUTION NO. ,tP - 6--
RESOLUTION CALLING FOR A PUBLIC
HEARING ON THE CREATION OF TAX
INCREMENT FINANCING DISTRICT NO. 1-3
WHEREAS, the City of Medina created Development District
No. 1 and Tax Ipcxement Financing Districts Nos. 1-1 and 1-2 by
resolution No. b 5 - 1 - adopted on the day of —.1 0,,-, u a v q
1985; and
WHEREAS, the City wishes to consider creation of another tax
increment financing district within Development District No. 1.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Medina, Minnesota as follows:
1. A public hearing shall be held before the City Council on
the 4th day of February, 1986 at J',/' p.m. to consider
adoption of a tax increment financing plan for tax increment
financing district No. 1-3.
2. The City Clerk is hereby authorized and directed to cause
notice of such public hearing to be published at least 10
and not more than 30 days prior to the date of said public
hearing in the official newspaper of the City.
3. Ehlers & Associates, Inc. is hereby authorized and directed
to prepare a tax increment financing plan for said proposed
district and to submit a copy of same to the City Clerk.
4. Ehlers & Associates, Inc. is hereby authorized and directed
to submit a copy of said plan to Hennepin County and In-
dependent School District No. 284 for comment along with
information concerning the date and place of the public
hearing to be held before the City Council as soon as said
plan is prepared.
5. The City Clerk, City Attorney and Ehlers & Associates, Inc.
are hereby authorized and directed to take such other
actions as may be necessary for said public hearing.
DATED: i
cYi-7 , 1986.
ATTEST:
Donna Roehl, Clerk/Treasurer
The motion for the adoption of the foregoing resolution was duly
seconded by member acJ ve-v and upon vote being taken
thereon, the follgwing voted in favor thereof:
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1. 'rKr, 0/ , K2/52r/,�>J,-rcAt//, ✓G,ar�-
and the following voted against same:
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Whereupon said resolution was declared duly passed and adopted.