HomeMy Public PortalAbout1990-04Member
adoption:
introduced the following resolution and moved its
CITY OF MEDINA
RESOLUTION NO. z- `7'
RESOLUTION CALLING FOR A PUBLIC HEARING
ON THE AMENDMENT OF THE PROGRAM FOR
DEVELOPMENT DISTRICT NO. 1 AND MODIFICATION
OF THE PLANS FOR TAX INCREMENT FINANCING
DISTRICT NOS. 1-1, 1-2, 1-3, 1-4 AND 1-5
WHEREAS, the City of Medina (City) has established a city development
district pursuant to Minnesota Statutes Sections 469.124 through 469.134
(Development District No. 1) to promote development and redevelopment within
areas of the City which have not been developed to their full potential; and
WHEREAS, the City has established five tax increment financing districts
within Development District No. 1 to assist specific projects which would not have
occurred without public assistance; and
WHEREAS, the City wishes to modify the program of Development District
No. 1 and the plans for tax increment financing district Nos. 1-1, 1-2, 1-3, 1-4 and
1-5 in order to pay for additional public improvements within Development District
No. 1.
NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of
Medina, Minnesota as follows:
1. Holmes & Graven, Chartered and Ehlers and Associates, Inc. are authorized
and directed to prepare a modified program and plans as may be necessary
in order to pay for additional public improvements within Development
District No. 1.
2. The city council shall hold a public hearing on the modified program and
plans on the 20th day of March, 1990, starting at 8:00 p.m. in the council
chambers at city hall.
3. The clerk -treasurer shall prepare a notice of the public hearing and shall
cause the notice to be published in the official newspaper at least 10 but not
more than 30 days prior to the public hearing.
4. When the program and plans become available, the clerk -treasurer shall
transmit a copy thereof to the county and school districts with a notice of
the time and place of the public hearing to be held before the city council.
5. The clerk -treasurer shall submit a copy of the program and plans to the
planning commission for review for their consistency with the plans for
development of the City as a whole.
6. The city staff and consultants are authorized and directed to take any and
all other steps reasonably necessary in order to accomplish these purposes.
DATED: , 1990.
Thomag A. Anderson, Mayor
ATTEST:
Donna Roehl, Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by
member ry and upon vote being taken thereon, the following voted
in favor thereof:
Ke
l Cie4'Soi1, �
and the following voted against same:
Whereupon said resolution was declared duly passed and adopted.
ME230-RES
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