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HomeMy WebLinkAbout2004 Ind Park TIF Plan CITY OF COLUMBIA HEIGHTS PLANNING REPORT DATE: August 4, 2004 TO: Columbia Heights Planning Commission APPLICANT: City of Columbia Heights LOCATION: Industrial Park Redevelopment Area REQUEST: Adoption of Resolution 2004-01 in support of TIF District Modification PREPARED BY: Ellen Berkelhamer, AICP, City Planner Introduction On July 7, 2004, the Planning & Zoning Commission conducted a public hearing to consider a Comprehensive Plan amendment to change the land use designation of the Industrial Park area from Industrial to Transit Oriented Development. The Planning and Zoning Commission voted unanimously to recommend that the City Council amend the Comprehensive Plan. This action was part of an overall planning process for the Industrial Park properties. As part of the same process, the City Council will be considering a proposal to modify the Downtown CBD Revitalization Plan for the CBD Redevelopment Project and to establish the Huset Park Tax Increment Financing (TIF) District, a renewal and renovation tax increment financing district. The City Council is scheduled to open a public hearing regarding the TIF Plan on August 9, 2004. As dictated by MN State Statutes, the Planning Commission is required to review the TIF District modification plans to determine that they conform with the general plans for development and redevelopment of the City as described in the City Comprehensive Plan. (Members of the Planning Commission will recall that they took the same action regarding the Kmart TIF District in 2003.) As shown in Appendix A, B, and C, the TIF Plan conforms to the Comprehensive Plan, as proposed to be amended. Recommendation Staff recommends that the Planning Commission adopt Resolution 2004-01, as the TIF District modification conforms to the City Comprehensive Plan, as amended by the Comprehensive Plan amendment. Motion: Move to adopt Resolution 2004-01, finding that the TIF Plans conform to the City Comprehensive Plan, as amended by the Comprehensive Plan amendment. Attachments ď‚·Resolution 2004-01