2000 HRA Resolution 0797
HRA RESOLUTION NO. 797
RESOLUTION ADOPTING THE MODIFICATION TO THE TAX INCREMENT
FINANCING PLAN FOR THE INTERCHANGE WEST AND LYNDALE GATEWAY
TAX INCREMENT FINANCING DISTRICT.
WHEREAS
, it has been proposed that the Housing and Redevelopment Authority in
and for the City of Richfield (the "HRA)" adopt the Modification to the Tax Increment
Financing Plan for the Interchange West and Lyndale Gateway Tax Increment Financing
District, (the "Modification"), all pursuant to and in conformity with existing law, including
Minnesota Statutes, Sections 469.174 to 469.179, inclusive, as amended, all as reflected
in the Modification and presented for the HRA's consideration; and
WHEREAS
, the HRA has investigated the facts relating to the Modification and has
caused the Modification to be prepared; and
WHEREAS
, the HRA has performed all actions required by law to be performed
prior to the adoption of the Modification, including but not limited to, notification of
Hennepin County and Independent School District No. 280 having taxing jurisdiction over
the property in the Interchange West and Lyndale Gateway Tax Increment Financing
District (the "TIF District"), notice of the proposed Modification to the local county
commissioner, a request for review of and written comment on the Modification by the City
Planning Commission, and a request that the Council schedule a public hearing on the
Modification upon published notice as required by law.
NOW, THEREFORE, BE IT RESOLVED
by the Housing and Redevelopment
Authority as follows:
1.The HRA hereby makes the findings set forth in the Modification, which are
incorporated herein by reference.
2.Conditioned upon the approval thereof by the City Council following its public
hearing thereon, the Modification, as presented to the HRA on this date, is hereby
approved and adopted and shall be placed on file in the office of the Community
Development Director.
3.Upon approval of the Modification by the City Council, the Community
Development Director is authorized to forward a copy of the Modification to the Minnesota
Department of Revenue pursuant to Minnesota Statutes 469.175, subdivision 2.
Adopted by the Richfield Housing and Redevelopment Authority of the City in and
for the City of Richfield this 18th day of December, 2000.
_______________________________
Thomas E. Harms, Chair
ATTEST:
__________________________
Michael Sandahl, Secretary