Loading...
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