11-10570 RESOLUTION NO. 10570
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY
COUNCIL ON THE PROPOSED MODIFICATION OF THE
REDEVELOPMENT PLAN FOR THE RICHFIELD REDEVELOPMENT
PROJECT AREA AND THE PROPOSED ESTABLISHMENT OF THE
PILLSBURY COMMONS TAX INCREMENT FINANCING DISTRICT
THEREIN AND THE ADOPTION OF THE TAX INCREMENT FINANCING
PLAN THEREFORE
BE IT RESOLVED by the City Council (the "Council") for the City of Richfield,
Minnesota (the "City"), as follows:
Section 1. Public Hearing. This Council shall meet on December 13, 2011, at
approximately 7:00 P.M., to hold a public hearing on the proposed modification of the
Redevelopment Plan for the Richfield Redevelopment Project Area, the proposed
establishment of the Pillsbury Commons Tax Increment Financing District, (a
redevelopment district), and the proposed adoption of a Tax Increment Financing Plan
therefore, all pursuant to and in accordance with Minnesota Statutes, Sections 469.001
to 469.047, and Sections 469.174 to 469.1799, inclusive, as amended, in an effort to
encourage the development and redevelopment of certain designated areas within the
City; and
Section 2. Notice of Public Hearing, Filing of Plans. City staff is authorized and
directed to work with Ehlers and Associates to prepare a modification to the
Redevelopment Plan for the Richfield Redevelopment Project Area and a Tax
Increment Financing Plan for the Pillsbury Commons Tax Increment Financing District
and to forward documents to the appropriate taxing jurisdictions including Hennepin
County and Independent School District No. 280. The Community Development
Director is authorized and directed to cause notice of the hearing, together with an
appropriate map as required by law, to be published at least once in the official
newspaper of the City not later than 10, nor more than 30, days prior to December 13,
2011, and to place a copy of the Plans on file in the Community Development Director's
office at City Hall and to make such copy available for inspection by the public.
Adopted by the City Council of the City of Richfield, Minnesota this 25th day of
October, 2011.
Pebbie Goettel, Mayor
ATTEST:
, j‘./LA4A
Nancy Gibbs, % Clerk