10-10348rRESOLUTION NO. 10348
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL
ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE
REDEVELOPMENT PLAN FOR RICHFIELD REDEVELOPMENT PROJECT
AREA; AND THE PROPOSED ESTABLISHMENT OF THE 2010-1 HOUSING
TAX INCREMENT FINANCING DISTRICT, AND THE ADOPTION OF A TAX
INCREMENT FINANCING PLAN THEREFORE
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 April 27, 2010, 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 2010-1 Housing Tax Increment Financing Districts (housing district), and the proposed
adoption of a Tax Increment Financing Plan therefore, referred to collectively herein as the
"Modifications and TIF Plan", all pursuant to and in accordance with Minnesota Statutes,
Sections 469.001 to 469.047, and Sections 469.174 through 469.179, 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 Modifications and TIF Plans. City staff is
authorized and directed to work with Ehlers & Associates, Inc., to prepare the Modifications and
TIF Plan 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 of the
project area and the Housing TIF District 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 April 27, 2010,
and to place a copy of the Modifications and TIF 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: March 9, 2010
Adopted:
Debbie Goettel, Mayor
ATTEST:
Nancy Gibb ,City Clerk