RES 1991-91 - 00003771154
RESOLUTION NO. 91 - 1991
' 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 TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT
FINANCING DISTRICTS NO. 1 THROUGH NO. 11 TO REFLECT INCREASED
PROJECT COSTS WITHIN REDEVELOPMENT PROJECT NO. 1 AND THE
ESTABLISHMENT OF PROPOSED TAX INCREMENT FINANCING DISTRICT NO. 12
AND THE APPROVAL OF 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, December 9, 1991, 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 and increased
geographic area, 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.
11 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. 12 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 commencing November 27, 1991.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 18TH
DAY OF NOVEMBER, 1991.
WILLIAM J. N - MAYOR
ATTEST:
SHIRLEY A. PALA - CITY CLERK
EXHIBIT A
' NOTICE OF PUBLIC HEARING
CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN THAT the City Council of the City of Fridley,
Minnesota, will hold a public hearing on Monday, December 9, 1991,
commencing at 7:30 o'clock p.m. at City Hall, 6431 University Avenue
N.E., Fridley, Minnesota, relating to the approval and adoption of the
Modified Redevelopment Plan for the Housing and Redevelopment
Authority's Redevelopment Project No. 1, pursuant to Minnesota statutes,
Sections 469.001 to 469.074, inclusive. The hearing is also relative
to the approval and adoption of Modified Tax Increment Financing Plans
for the City's Tax Increment Financing Districts No. 1 through No. 11
pursuant to Minnesota Statutes, Sections 469.174 to 469.179, inclusive.
The hearing is further relative to the approval and adoption of proposed
Tax Increment Financing Plan for proposed Tax Increment Financing
District No. 12 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 set forth on the following map.
Tax Increment Financing District No. 12
includes the following PINS:
10- 30 -24 -14 -0049
10- 30 -24 -14 -0050 (included in project
area only)
10- 30 -24 -14 -0051
11- 30 -24 -23 -0020
11- 30 -24 -23 -0021
and is generally located at 7350 Commerce Lane Northeast.
All interested persons may appear at the hearing and present their
views orally or in writing.
BY ORDER OF THE CITY COUNCIL
City Manager - William W. Burns
155