HomeMy Public PortalAbout1993-006Member Lynne Theis introduced the following resolution and moved its
adoption:
CITY OF MEDINA
RESOLUTION NO. 93-06
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
ESTABLISHMENT OF TAX INCREMENT FINANCING
DISTRICT NO. 1-$
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
establish a seventh tax increment financing district ( Tax Increment Financing
District No. 1-8) in order to carry out the purposes and intent of 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 a tax
increment financing plan (Plan) for Tax Increment Financing District
No. 1-8 and to file a copy 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 before the city council on the 4th day of May, 1993, at 7: So 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
to the school board 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 to be held before the city council.
RHB50497
ME230-48
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4. The city staff and consultants are authorized and directed to take all
other actions necessary to bring the Plan before the city council at the
time of the public hearing.
Dated: March 16, 1993.
ATTEST :
arlson, Clerk -Treasurer
Anne E. Theis, Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
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.
RHB50497
ME230-48