HomeMy WebLinkAboutHRA Res 2012-002 Public Hearing Modifying TIF Plan Cent Lakes TIF District RESOLUTION NO. HRA 2012-2
_NA , r RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF EDINA CALL FOR A PUBLIC
0 e ' \``HEARING ON A MODIFICATION TO THE SOUTHEAST EDINA REDEVELOPMENT PLAN AND A
MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR CENTENNIAL LAKES TAX
INCREMENT FINANCING DISTRICT(COUNTY NO. 1203) (A REDEVELOPMENT DISTRICT).
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WHEREAS, the HRA and City Council ("Council") of the City of Edina, Minnesota ("City") previously established a
redevelopment plan and a redevelopment project designated as the Southeast Edina Redevelopment Plan (the
"Redevelopment Plan") pursuant to Minnesota Statutes, Sections 469.001 through 469.047, inclusive, as amended,
in an effort to encourage the development and redevelopment of certain designated areas within the City; and
WHEREAS,the HRA is proposing a Modification to the Redevelopment Plan and a Modification to the Tax Increment
Financing Plan for Centennial Lakes Tax Increment Financing District, all pursuant to, and in accordance with,
Minnesota Statutes, Sections 469.174 through 469.1799 and Sections 469.001 to 469.047, inclusive, as amended;
NOW,THEREFORE BE IT RESOLVED by the Board as follows:
1. The HRA hereby requests that the Council call for a public hearing on February 21, 2012, to consider the
proposed adoption of a Modification to the Redevelopment Plan and the proposed adoption of a
Modification to the Tax Increment Financing Plan for Centennial Lakes Tax Increment Financing District("TIF
Plan Modification"), a redevelopment district, (the Redevelopment Plan Modification and the TIF Plan
Modification are referred to collectively herein as the "Modifications") and cause notice of said public
hearing to be given as required by law.
2. The HRA directs the Executive Director to transmit copies of the Modifications to the Planning Commission
of the City and requests the Planning Commission's written opinion indicating whether the proposed
Modifications are in accordance with the Comprehensive Plan of the City, prior to the date of the public
hearing.
3. The Executive Director of the HRA is hereby directed to submit a copy of the Modifications to the Council
for its approval.
4. The HRA directs the Executive Director to transmit the Modifications to the county and the school district in
which Centennial Lakes Tax Increment Financing District is located no later than January 6, 2012.
5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Modifications
and related documents and to undertake other actions necessary to firing the Modifications before the
Council.
ADOPTED this 3rd day of January, 2012.
Attest:
Ann Swenson, Secretary Jan'es B. Hov and, Chair
STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF EXECUTIVE DIRECTOR
I, the undersigned duly appointed and acting Executive Director for the Edina Housing and Redevelopemnt Authority, do hereby
certify that the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Edina Housing
and Redevelopment Authority at its Regular Meeting of January 3,2012,and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of_ __20
Executive Director
City Hall 952-927-8861
4801 WEST 50TH STREET FAX 952-826-0390
EDINA, MINNESOTA, 55424-1394 www.CityofEdina.com TTY 952-826-0379