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HomeMy WebLinkAbout2017-56I C RESOLUTION NO. 2017-56 91110 1 In 11 DMA 01 K-1J W &iv "0 BE IT RESOLVED, By the City Council ( "Council ") of the City of Columbia Heights (the "City ") as follows: WHEREAS, the City established the Columbia Heights Economic Development Authority (the "Authority ") by an enabling resolution adopted on January 8, 1996, pursuant to Minnesota Statutes 469.090 to 469.1081 (the "EDA Act "); and WHEREAS, the Council has given to the Authority the responsibility for all economic development and redevelopment projects and programs; and WHEREAS, under Section 469.107 of the EDA Act, the City is authorized to levy a tax for the benefit of the Authority, in an amount not to exceed 0.01813 percent of the City's estimated market value (the "EDA Levy "); and WHEREAS, the City currently levies an EDA Levy of 0.01813 percent of the City's estimated market value, or $84,000, as authorized by the EDA Act; and WHEREAS, the City is authorized to increase its EDA Levy beyond the statutory cap as provided in Section 469.107, subd. 2 of the EDA Act, upon the request of the Authority; and WHEREAS, the Authority has requested that the City increase its EDA Levy to $220,100 for taxes payable in 2018, in order to better serve the Authority's economic development activities within the City, representing an increase of $136,100. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Columbia Heights, as follows: 1. The request by the Authority for an increase in the City's EDA Levy in the amount of $136,100 for taxes payable in 2018, for a total EDA Levy of $220,100, is hereby approved, subject to publication of this Resolution along with a notice of public hearing on this Resolution in substantially the form attached as Exhibit A (the "Notice ") for two successive weeks in the official newspaper of the City, and the holding of a public hearing on the proposed increase between two and four weeks after first publication of this Resolution and the Notice. 2. This resolution will not take effect if a petition requesting a referendum on this Resolution, signed by voters equaling five percent of the votes cast in the City in the last general election, is filed with the City Clerk within 30 days of publication of this Resolution. 3. City staff is authorized and directed to publish this Resolution, along with the Notice, in the official newspaper of the City as soon as practicable. 501094v1 N4NI CL205 -3 m day of June, 2017. Passed this 12 Offered by: Williams Seconded by: Novitskv Roll Call: 4 Ayes -I Nay, Motion Carried Ayes: Williams, NOvit5ky,MUrzyn,]r.,Buesgens Nay: Schmitt AIW4 Z� JL-# Donna Schmitt, Mayor Attest: Kate Bruno, City Clerk/Council Secretary I`Dl r NOTICE OF PUBLIC HEARING COLUMBIA HEIGHTS, MINNESOTA ANOKA COUNTY STATE OF MINNESOTA NOTICE IS HEREBY GIVEN that the City Council of the City of Columbia Heights, Minnesota (the "City "), will hold a public hearing on July 10, 2017, at or after 7:00 p.m. at the City Council Chambers in City Hall, 590 40t1i Avenue NE, Columbia Heights, Minnesota, relating to a proposed increase in the City's tax levy for economic development purposes under Minnesota Statutes, Section 469.107, subdivision 2 (the "EDA Levy Increase "). The proposed amount of the EDA Levy Increase is $136,100 for taxes payable in 2018, for a total EDA Levy of $220,100. The purpose of the EDA Levy Increase is to provide funds for additional economic development activities of the City's Economic Development Authority. If a petition requesting a vote on the EDA Levy Increase, signed by voters equal to five percent (5 %) of the votes cast in the City in the last general election, is filed with the City Clerk within 30 days after the first publication of the resolution accompanying this Notice (i.e., by June _, 2017), the City may approve the EDA Levy Increase only after obtaining approval of a majority of voters voting on the question at an election. All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing. BY ORDER OF THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS, MINNESOTA Dated: _[date of publication] /s/ Walter Fehst City Manager 501094v 1 MNI CL205 -3