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HRA RESOLUTION NO. 864
RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF RICHFIELD
CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF
RICHFIELD REDEVELOPMENT PROJECT AREA AND THE ESTABLISHMENT OF
THE L YNDALE GATEWAY WEST TAX INCREMENT FINANCING DISTRICT
(A REDEVELOPMENT DISTRICT)
BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Housing and
Redevelopment Authority in and for the City of 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 Richfield Redevelopment Project
Area and the establishment of the Lyndale Gateway West 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 December
10, 2002 to consider the proposed adoption of the Modification to the Redevelopment Plan
for Richfield Redevelopment Project Area and the proposed adoption of the Tax Increment
Financing Plan for the Lyndale Gateway West 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 Lyndale Gateway West Tax Increment Financing District is located
not later than November 8, 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 Plan before the Council.
Adopted by the Housing and Redevelopment Aut . 'n and for the City of Richfield,
Minnesota this 21st day of October, 2002.