12-10641r RESOLUTION NO. 10641
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL
ON THE PROPOSED ADOPTION OF A MODIFICATION TO 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 May 22, 2012, at approximately
7:00 P.M., to hold a public hearing on the proposed adoption of a Modification to the
Redevelopment Plan for the Richfield Redevelopment Project Area, the proposed establishment
of the Pillsbury Commons Tax Increment Financing District, (a housing 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 May 22, 2012, 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.
Section 3. This resolution supersedes Resolution Number 10570 that was approved on
October 25, 2011.
Adopted by the City Council of the City of Richfield, Minnesota this 27th date of March,
2012.
/liti
Debbie Goettel, Mayor
ATTEST:
LLB ALE'
Nancy Gib - ity Clerk