06-988r
HRA RESOLUTION NO. 988
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF
RICHFIELD CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF THE
RICHFIELD REDEVELOPMENT PROJECT AREA AND THE ESTABLISHMENT
OF THE CEDAR AVENUE TAX INCREMENT FINANCING DISTRICT (A
REDEVELOPMENT DISTRICT)
BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Richfield
Housing and Redevelopment Authority, Richfield, Minnesota (the "HRA") as follows:
WHEREAS, the City Council (the "Council") of the City of Richfield, Minnesota (the
"City") established the Richfield Redevelopment Project Area pursuant to Minnesota
Statutes, 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
WHEREAS, the HRA is proposing the modification of the Richfield Redevelopment
Project Area and the establishment of the Cedar Avenue Tax Increment Financing District,
pursuant to, and in accordance with, Minnesota Statutes, Sections 469.174 to 469.1799
and Sections 469.001 to 469.047, inclusive, as amended;
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
1. The HRA hereby requests that the Council call for a public hearing on September 26,
2006 to consider the proposed adoption of the Modification to the Redevelopment Plan
for the Richfield Redevelopment Project Area and the proposed adoption of the Tax
Increment Financing Plan for the Cedar Avenue Tax Increment Financing District
(collectively, the "Plans") and cause notice of said public hearing to be given as
required by law.
2. The HRA directs the Executive Director to transmit copies of the Plans to the Planning
Commission of the City and requests the Planning Commission's written opinion
indicating whether the proposed Plans are in accordance with the Comprehensive Plan
of the City, prior to the date of the public hearing.
3. The Executive Director of the HRA is hereby directed to submit a copy of the Plans to
the Council for its approval.
4. The HRA directs the Executive Director to transmit the Plans to the county and the
school district(s) in which the Cedar Avenue Tax Increment Financing District is
located not later than August 25,2006.
5. Staff and consultants are authorized and directed to take all steps necessary to
prepare the Plans and related documents and to undertake other actions necessary to
bring the Plans before the Council.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of July, 2006.
ATTEST:
~'-'()~
Donna Drummond, Secretary