Res 1997-22 oen
RESOLUTION NO. 22 - 1997
A RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
MODIFICATION OF THE REDEVELOPMENT PLAN FOR REDEVELOPMENT
PROJECT NO. 1 AND THE TAX INCREMENT FINANCING PLANS FOR TAX
INCREMENT FINANCING DISTRICTS NOS. 1, 2, 3, 6, 7, 9, 10, 11,
12, 13, AND 14 TO REFLECT INCREASED PROJECT COSTS WITHIN
REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF
PROPOSED TAX INCREMENT FINANCING DISTRICT NO. 15 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, April 14, 1997, 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 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 Nos. 1, 2, 3, 6, 7, 9, 10, 11, 12, 13,
and 14 (the "Existing TIF Districts") to reflect increased project
costs within Redevelopment Project No. 1, pursuant to Minnesota
Statutes, Section 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. 15 and the approval and adoption
of 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.
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Page 2 -- Resolution No. 22 - 1997
PASSED AND ADOPTED BY THE CITY COUNCIL IN AND FOR THE CITY OF FRIDLEY
THIS 3RD DAY OF MARCH, 1997 .
•N,Y J JoRG 1Syr - MAYOR
ATTEST:
1
WILLIAM A. CHAMPA - CITY CLERK
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Page 3 -- Resolution No. 22 - 1997
EXHIBIT A
PUBLIC HEARING
BEFORE THE
CITY COUNCIL
Notice is hereby given that there will be a public hearing of the
Fridley City Council at the Fridley Municipal Center, 6431 University
Avenue N.E. on Monday, April 14, 1997 at 7:30 p.m. for the purpose of:
Consideration of the approval and adoption of a Modified
Redevelopment Plan for Redevelopment Project No. 1 to
reflect increased project costs, pursuant to Minnesota
Statutes, Sections 469.001 to 469. 047, inclusive. The
hearing is also relative to the approval and adoption of
Modified Tax Increment Financing Plans for Tax Increment
Financing Districts Nos. 1, 2, 3, 6, 7, 9, 10, 11, 12, 13,
and 14, to reflect increased project costs within
Redevelopment Project No. 1, pursuant to Minnesota Statutes,
Sections 469.174 to 469. 179, inclusive. The hearing is
further relative to the approval and adoption of a proposed
Tax Increment Financing Plan and the creation of proposed
Tax Increment Financing District No. 15 pursuant to
Minnesota Statutes, Sections 469. 174 to 469.179, inclusive.
Copies of the documentation relating to the above proposed
actions will be on file and available for public inspection
in the City Clerk' s office.
The property proposed to be included in the Tax Increment
Financing District is described below and illustrated on the
attached map:
TIF District No. 15
PIN 11-30-24-31-0011
PIN 11-30-24-31-0012
Generally located at the southeast corner of the University
Avenue Service Road and Northco Drive.
Any and all persons desiring to be heard shall be given an opportunity
at the above stated time and place. Any questions related to this
item may be referred Barbara Dacy, Community Development Director, at
572-3590.
Hearing impaired persons planning to attend who need an interpreter or
other persons with disabilities who require auxiliary aids should
contact Roberta Collins at 572-3500 no later than April 7, 1997 .
NANCY J. JORGENSON
MAYOR
Publish: April 3, 1997
April 10, 1997
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