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HomeMy Public PortalAbout1993-002Member Ann Thies adoption: introduced the following resolution and moved its CITY OF MEDINA RESOLUTION NO. 93-Q2 RESOLUTION CALLING FOR A PUBLIC HEARING ON THE AMENDMENT OF TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICT NOS. 1-1 THROUGH 1-6 WHEREAS, the City Council of the City of Medina (City) has previously established Development District No. 1 (Development District) pursuant to Minnesota Statutes, § 469.124 through 469.134 and has also established Tax Increment Financing District Nos. 1-1 through 1-6 within the Development District pursuant to Minnesota Statutes, § 469.174 through 469.179;and WHEREAS, the City finds that it is desirable and in the public interest to amend the tax increment financing plans (Plans) for Tax Increment Financing District Nos . 1-1 through 1-6 to authorize the expenditure of increment on additional public improvements within the Development District. NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of Medina, Minnesota as follows: 1. The city attorney is hereby authorized and directed to prepare amendments to the Plans for Tax Increment Financing District Nos. 1-1 through 1-6 and to file copies thereof with the city clerk -treasurer. 2. The city clerk -treasurer is authorized and directed to prepare a notice for publication in the official newspaper setting a public hearing on the Plan amendments before the city council on the 16th day of March, 1993, at 7 : 30 p.m. in the council chambers. The notice shall be published in the newspaper at least 10 but not more than 30 days prior to the public hearing. 3. The city attorney is hereby authorized and directed to submit the Plan amendments to the school boards and Hennepin County for comment at least 30 days prior to the public hearing and to notify the same of the time and place of the hearing on the Plan amendments to be held before the city council. RBB48061 ME230-48 4. The city staff and consultants are authorized and directed to take all other actions necessary to bring the Plan amendments before the city council at the time of the public hearing. Dated: February 2 , 1993. Anne E. Theis, Mayor ATTEST: e`y E. Karlson, Clerk -Treasurer The motion for the adoption of the foregoing resolution was duly seconded by member James Johnson. and upon vote being taken thereon, the following voted in favor thereof: Councilmembers Ferris, Johnson, Thies, Zietlow and Mayor Theis. and the following voted against same: None. Whereupon said resolution was declared duly passed and adopted. RBB48061 ME2 3 0-4 8