14-10900r RESOLUTION NO. 10900
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 2014 - 1
TAX INCREMENT FINANCING DISTRICT (CITY GARAGE SITE) THEREIN
AND THE ADOPTION OF THE 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 February 25, 2014, 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 2014 - 1 Tax Increment Financing District (City Garage Site), (a
redevelopment district), and the proposed adoption of a Tax Increment Financing Plan therefor,
all pursuant to and in accordance with Minnesota Statutes, Sections 469.001 to 469.047 , and
Sections 469.174 to 469.1794, 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 to prepare a Modification to the Redevelopment Plan for the Richfield
Redevelopment Project Area and a Tax Increment Financing Plan for the 2014 - 1 Tax
Increment Financing District (City Garage Site) 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 February 25, 2014, 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 14th day of January,
2014.
)
DJ . ` p"
ebbie a Goettel, Mayor
ATTEST: .b--/;64.
Nancy Gibbs, ity Clerk