RES 1993-56 - 000032411
71
RESOLUTION NO. 56 - 1993
A RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
MODIFICATION OF THE REDEVELOPMENT PLAN FOR REDEVELOPMENT
PROJECT NO. 1 TO REFLECT INCREASED GEOGRAPHIC AREA AND
INCREASED PROJECT COSTS, THE MODIFICATION OF THE TAR
INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING
DISTRICTS NO. 1 THROUGH NO. 12 TO REFLECT INCREASED
PROJECT COSTS WITHIN REDEVELOPMENT PROJECT NO. 1 AND THE
ESTABLISHMENT OF PROPOSED TAX INCREMENT FINANCING
DISTRICT NO. 13 AND THE APPROVAL AND ADOPTION OF THE
PROPOSED TAX INCREMENT FINANCING PLAN RELATING THERETO
BE IT RESOLVED by the City Council (the "Council ") of the City of Fridley,
Minnesota (the "City "), as follows:
Section 1. Public Hearing.
1.01. This Council shall meet on Monday, September 13, 1993 commencing at 7:30
o'clock p.m. at City Hall, 6431 University Avenue N.E., Fridley, Minnesota, to
hold a public hearing on the following matters: (a) the modification of the
Modified Redevelopment Plan for Redevelopment Project No. 1 to reflect increased
geographic area and increased project costs, pursuant to and in accordance with
Minnesota Statutes, Sections 469.001 to 469.047, inclusive, as amended and
supplemented from time to time; (b) the modification of the Modified Tax
Increment Financing Plans for Tax Increment Financing Districts No. 1 through
No. 12 to reflect increased project costs within Redevelopment Project No. 1,
pursuant to Minnesota Statutes, Sections 469.174 through 469.179, inclusive, as
amended and supplemented from time to time; and (c) the establishment of
proposed Tax Increment Financing District No. 13 and approve and adopt the
proposed Tax Increment Financing Plan relating thereto pursuant to and in
accordance with Minnesota Statutes, Section 469.174 to 469.179, inclusive, as
amended and supplemented from time to time.
Section 2. Notice of Hearing: Filing of Plans.
2.01. The City Clerk is authorized and directed to cause notice of the public
hearing, substantially in the form attached hereto as Exhibit A, to be published
as required by law, to place a copy of the Modified Redevelopment Plan, the
Modified Tax Increment Financing Plans and the proposed Tax Increment Financing
Plan (collectively the "Plans ") on file in the City Clerk's office and to make
such Plans available for inspection by the public.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 16TH DAY OF
AUGUST, 1993.
WILLIAM EE - MAYOR
ATTEST:
i Q
WILLIAM A. CHAMPA
- CITY LERK