93-8014RCITY OF RICHFIELD,
RESOLUTION NO. 8o]I4
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
PROPOSED ESTABLISHMENT OF RICHFIELD
REDEVELOPMENT PROJECT AREA, THE MODIFICATION OF
CERTAIN PROJECT AREAS AND TAX INCREMENT FINANCING
DISTRICTS AND ADOPTION OF THE REDEVELOPMENT PLANS
AND TAX INCREMENT FINANCING PLANS RELATED THERETO
BE IT RESOLVED by the .City Council (the "Council") of the City of Richfield,
Minnesota (the "City"), as follows:
Section 1. Recital,
1.01 The Housing and Redevelopment Authority in and for the City of Richfield
(the "HRA") has requested that the Council call for a public hearing for the
establishment of Richfield Redevelopment Project Area, the modifications to
the Lyndale-Hub-Nicollet Redevelopment Project Area, the Interstate-
Lyndale•Nicollet Redevelopment Project Area and the Interstate-Lyndale-
Nicollet Tax Increment Financing District, the Cedar Avenue Business Area
Redevelopment Project Area and the Cedar Avenue Business Area Tax
Increment Financing District, the Penn Avenue and Sixty Sixth Street
Redevelopment Project Area and Penn Avenue and Sixty Sixth Street Tax
Increment Financing District, Redevelopment Project Area A and Tax
Increment Financing District A-1 and Tax Increment Financing District A-2,
and Redevelopment Project Area B and Tax Increment Financing .District B-
1and Tax Increment Financing District B-2 (collectively the "Project Areas"
and "Tax Increment Financing Districts") and the adoption of Redevelopment
Plans and Tax Increment Financing Plans relating thereto.
1.02 The Council finds that the goals and objectives found in the Redevelopment
Plans and Tax Increment Financing Plans are worthy of consideration of the
public and the Council. .
Secs-.ion 2. Council Ap rR oval.
2.01 This Council shall meet on Monday, June 14, 1993, at approximately 7:00
p.m., at City Hall to hold a public hearing on the proposed establishment of
Richfield Redevelopment Project Area, the modifications to the Lyndale-Hub-
Nicollet Redevelopment Project Area, the Interstate-Lyndale-Nicollet
Redevelopment Project Area and .the Interstate-Lyndale-Nicollet Tax
Increment financing
Redevelopment Project
Increment Financing D
Redevelopment Project
Increment Financing D
Increment Financing Di~
and Redevelopment Pro
1 and Tax Increment Fi
and "Tax Increment Fina~
Plans and .Tax Increme~
and in accordance will
469.047, as amended a
469.179, inclusive as ari
2.02 The City Clerk is authc
substantially in the fors
appropriate map as re
general circulation in th
the date of the hearing;
and Tax .Increment Fi
Development at City Ha
public, and to transm
Financing Plans to the
Board of School Distric
and the Planning Comr
Passed by the City Council of
May , 1993
ATTEST:
District, the Cedar ,Avenue Business Area
Area and the Cedar Avenue Business Area Tax
strict, the Penn Avenue and Slaty Sixth Street
Area and Penn Avenue and Sixty Sixth Street Tax
(strict, Redevelopment Project Area A and Tax
trio A-1 and Tax Increment Financing District A-2,
ect Area B and Tax Increment Financing District B-
~ancing District B-2 (collectively the "Project Areas"
king Districts") and the adoption of Redevelopment
it Financing Plans relating thereto. all pursuant to
~ Minnesota Statutes, Sections 469.001 through
nd Minnesota Statutes, Sections 469.174 through
~ized and directed to cause notice of the hearing
n attached hereto as Exhibit A together with an
fuired by law to be published in a newspaper of
~ City at least 10 but no more than 30 days before
and to ,place a copy of the Redevelopment Plans
Dancing Plans on file in the office Community
I, to make such copy available for inspection by the
r the Redevelopment Plans and Tax Increment
School Board of School .District No. 280, School
No. 287, the County Board of Hennepin County,
Fission of the City of Richfield.
City of Richfield, Minnesota this 1 o th day of
ADOPTED:
'/
.-_._.
C
~`
I' Martin J. '-~ ch, Mayor
Thomas P. Ferber, City Clerk