HomeMy WebLinkAboutResolution 97-33RESOLUTION NO. 97-33
BEING A RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
ESTABLISHMENT OF A SCATTERED SITE REDEVELOPMENT TAX INCREMENT
FINANCING DISTRICT AND TIF PLAN THEREFOR AND A MODIFIED
REDEVELOPMENT PLAN FOR THE DOWNTOWN CBD REDEVELOPMENT PROJECT
WHEREAS, the City of Columbia Heights ("City") and its
Economic Development Authority ("Authority") have contemplated
using tax increment financing ("TIF") in order to facilitate
redevelopment of single family housing at various locations in
the City pursuant to Minn. Stat. Section 469.001 to 469.047
and Sections 469.174 to 469.179 (collectively, the "Acts");
and
WHEREAS, the City Council has determined to consider a
modification of the redevelopment plan for the Downtown
Central Business District Redevelopment Project ("Project"),
including an expansion of the boundaries of the Project area,
and establishment of the Scattered Site Redevelopment TIF
District ("TIF District") within the expanded Project area,
and to hold a public hearing regarding those actions in
accordance with the Acts.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Columbia Heights that:
1. The Authority and its staff and consultants hereby
authorized and directed to cause to be prepared a modification
to the redevelopment plan for the Project and a tax increment
financing plan for the proposed TIF District and to file a
copy of such documents in City Hall.
2. The City Clerk-Treasurer is authorized and directed to
prepare a notice for publication in the City's official
newspaper setting a public hearing before the City Council on
~ ~ 1997 at ~:~e p.m. in the council chambers on the
Pr~jecf plan and TIF Plan. The notice shall be published in
the newspaper at least 10 but not more than 30 days prior to
the public hearing, and shall include a map of the modified
Project area and proposed TIF District.
3. The City Manager is authorized and directed to notify the
County Commissioner representing the area proposed to be
included in the TIF District regarding the proposed district,
in accordance with the Acts.
4. The City Manager is authorized and directed to transmit a
copy of the modified Project plan and the TIF Plan to the
County Board and School Board at least 30 days before the date
of the public hearing and to take all other actions necessary
to bring the Project plan and TIF Plan before the City Council
at the time of the public hearing.
Approved by the City Council of the City of Columbia Heights
this 14=h day of April, 1997.
Offered by:
Peterson
Seconded by:
Ruett imann
Roll call:
All ayes
Akne Student, CoUncil
///Mayo~' J6seph S=urdevant
Secretary