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02-849r I I I 23 HRA RESOLUTION NO. 849 RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF RICHFIELD CALL FOR A PUBLIC HEARING ON A MODIFICATION TO THE REDEVELOPMENT PLAN FOR THE RICHFIELD REDEVELOPMENT PROJECT AREA AND THE ESTABLISHMENT OF THE CITY BELLA TAX INCREMENT FINANCING DISTRICT (A REDEVELOPMENT DISTRICT) 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 through 469.179, 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 a Modification of the Richfield Redevelopment Project Area and the establishment of the City Bella Tax Increment Financing District, pursuant to, and in accordance with, Minnesota Statutes, Sections 469.174 through 469.179, 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 June 10, 2002, to consider the proposed adoption of a Modification to the Redevelopment Plan for the Richfield Redevelopment Project Area and the proposed adoption of a Tax Increment Financing Plan for the City Bella 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 in which the City Bella Tax Increment Financing District is located not later than May 10, 2002. 5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plan and related documents and to undertake other actions necessary to bring the Plans before the Council. Approved by the Housing and Redevelopment Authority in a Minnesota this 15th day of April, 2002. Thomas E. Harms, Chair ATTEST: