10-10 Resolution No. 11417 CITY OF RICHFIELD
HENNEPIN COUNTY
STATE OF MINNESOTA
RESOLUTION NO. 11417
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 MODIFICATION TO THE TAX INCREMENT
FINANCING PLAN FOR THE CEDAR AVENUE TAX INCREMENT
FINANCING DISTRICT, AND THE PROPOSED ESTABLISHMENT OF TAX
INCREMENT FINANCING DISTRICT 2017-1 (THE CHAMBERLAIN) 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 November 28, 2017, 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 modification of the Tax Increment Financing
Plan for the Cedar Avenue Tax Increment Financing District, and the proposed establishment of Tax
Increment Financing District No. 2017-1 (The Chamberlain), (a housing district), and the proposed
adoption of a Tax Increment Financing Plan therefor (together, the "Plans"), 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 the Plans 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 November 28, 2017, 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.
Dated: October 10,2017
Adopted:
Mayor
ATTEST:
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