11-10517rRESOLUTION NO. 10517
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL
ON THE PROPOSED MODIFICATION OF THE REDEVELOPMENT PLAN FOR
THE RICHFIELD REDEVELOPMENT PROJECT AREA AND THE PROPOSED
ESTABLISHMENT OF THE LYNDALE GARDENS TAX INCREMENT
FINANCING DISTRICT THEREIN AND THE ADOPTION OF THE 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 July 26, 2011, at approximately
7:00 P.M., to hold a public hearing on the proposed modification of the Redevelopment Plan for
the Richfield Redevelopment Project Area, the proposed establishment of the Lyndale Garden
Tax Increment Financing District, (a redevelopment district), and the proposed adoption of a Tax
Increment Financing Plan therefore, all pursuant to and in accordance with Minnesota Statutes,
Sections 469.001 to 469.047, and Sections 469.174 to 469.1799, 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 and Associates to prepare a modification to the Redevelopment Plan for the
Richfield Redevelopment Project Area and a Tax Increment Financing Plan for the Lyndale
Garden Tax Increment Financing District 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 July 26, 2011, 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 June,
2011.
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ATTEST:
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Nancy Gibs City Clerk