88-7397R67
RESOLUTION N0. 7397
CITY OF RICHFIELD, MINNESOTA
CALLING A PUBLIC HEARING ON A REDEVELOPMENT PLAN
AND PROGRAM AND TAX INCREMENT FINANCING PLAN
MHEREAS, the Housing and Redevelopment Authority in and for
the City of Richfield (HRA) adopted a resolution on January 19,
1988 authorizing the preparation of a Development Program and Tax
Increment Financing Plan for the proposed Cedar Avenue Business
Area economic development district; and
MHEREAS, such Program and Plan must be presented to the City
Council of the City of Richfield for consideration and adoption
prior to undertaking any publicly financed redevelopment work
within the area.
NOM, THEREFORE, BE IT RESOLVED by the City Council of
Richfield as follows:
1. That a public hearing be held before the City Council at
City Hall on the 22nd day of February, 1988, at 7:00 p.m.,
or as soon thereafter as the matter can be heard.
2. That the City Clerk is authorized and directed to cause to
be published a notice of said public hearing in the official
newspaper of the City at least ten days in advance of the
meeting.
3. That the City Clerk or City Attorney is authorized to
transmit a copy of the Redevelopment Plan and Program, and
Tax Increment Financing Plan along with a notice of the
public hearing to .the county and school district.
Passed by the City Council of the City of Richfield this
25th day of January, 1988.
ATTEST: ~~
homas Ferber, City Clerk