02-9244r
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RESOLUTION NO. 9244
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY
COUNCIL ON THE PROPOSED ADOPTION OF A MODIFICATION TO
THE REDEVELOPMENT PLAN FOR RICHFIELD REDEVELOPMENT
PROJECT AREA, AND THE PROPOSED ESTABLISHMENT OF THE
LYNDALE GATEWAY WEST TAX INCREMENT FINANCING DISTRICT (A
REDEVELOPMENT DISTRICT) THEREIN, AND THE ADOPTION OF A
TAX INCREMENT FINANCING PLAN THEREFOR.
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 10, 2002, 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, the
proposed establishment of the Lyndale Gateway West Tax Increment Financing District, (a
redevelopment district), and the proposed adoption of a Tax Increment Financing Plan
therefor, all pursuant to and in accordance with Minnesota Statutes, Sections 469.174
through 469.179, 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 & Associates, Inc., to prepare a Modification to the
Redevelopment Plan for the Richfield Redevelopment Project Area and a Tax Increment
Financing Plan for the Lyndale Gateway West 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 10, 2002, 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 22nd day of
October, 2002.
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Martin Kirsch, Mayor
ATTEST:
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Nancy Gibb~ Clerk