03-9320r
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RESOLUTION NO. 9320
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, THE PROPOSED ADOPTION OF A MODIFICATION TO
THE TAX INCREMENT FINANCING PLAN FOR THE INTERSTATE-lYNDAlE-
NICOllET (llN) TAX INCREMENT FINANCING DISTRICT, AND THE
PROPOSED ADOPTION OF A MODIFICATION TO THE TAX INCREMENT
FINANCING PLAN FOR THE lYNDAlE GATEWAY WEST TAX INCREMENT
FINANCING DISTRICT.
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 13, 2003, at approximately
6:30 P.M., to hold a public hearing on the proposed adoption of a Modification to the
Redevelopment Plan for the Richfield Redevelopment Project Area, a Modification to the Tax
Increment Financing (TIF) Plan for the ILN TIF District, and a Modification to the TIF Plan for
the Lyndale Gateway West TIF District (referred to collectively herein as the "Modifications"),
all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 to 469.134, 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 Modifications. City staff is authorized and
directed to work with Ehlers & Associates, Inc., to prepare the Modifications and to forward
documents to the appropriate taxing jurisdictions including Hennepin County and Independent
School District No. 280. The City Clerk 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 13,
2003, and to place a copy of the Modifications on file in the Community Development Director's
office at City Hall and to make such copy available for inspection by the public.
Dated: March 25, 2003
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Martin Kirs ,Mayor
ATTEST:
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Nancy Gibbs" ity Clerk