HomeMy WebLinkAboutResolution No. 2001-071 Set Hearing Date -- Amendment to Hazardous Substnace Subd.RESOLU'
CALLING FOR
GRANDVIEW TAX IN
BE IT RESOLVED, by the City Coun(
follows:
1. Proposed Amendment. The Hou,,
City of Edina, Minnesota (the "HRA") and 1
defined in Minnesota Statutes,] Section 469.(
Area Redevelopment Plan (the "Redevelop
undertaken pursuant thereto,s defined in
14 designated as Grandview �edevelopme
and that in order to finance the public reds
City in connection with the Redevelopmen
and City have approved a tax increment
Minnesota Statutes, Section 46?.175, designz
(the "Financing Plan"), which establishes
Minnesota Statutes, Section 469.174, subdivi
Increment Financing District (Hennepin Coy;
December 7, 1999 and August 15, 2000 th(
Redevelopment Plan, Redevelopment Proje(
Amendments approved on August 15, 2000
1 (the "HSS") within the District and author:
or reimburse costs of removal and remediat
or pollutants or containments or petroleum i
the HSS and other related costs and expensE
been proposed that the HRA approve amen(
Amendments, which is entitled "Modifice
Hazardous Substance Subdistrict No. 1" (tl
increases the authorized amount of tax in(
removal and remediation actions within tl
amount of bonds to be issued to finance rem
2. Public Hearin. A public hearing
shall be held on October 16, 2Q01 at 7:00 o'd
City Hall. The City Clerk shall cause notice (
Sun Current, the official newspaper of the C
City at least once not less than ten (10) day
fixed for the public hearing. I
City Hall
4801 WEST 50TH STREET
EDINA, MINNESOTA 55424-1394
N NO.2001-71
131 IC HEARING ON
ENT''FINANCINGI
of the City of Edina, N
ig
nd Redevelopment Au
.e Gity
have approved a reg
2,
Aubdivision 16, desi�nat
ie
t Plan"), and a redovel
/lirinesota
Statutes, Section
t Project'
No. 1 (the "ke&
el
menu costs to be i> cut
Plan
and the Redevelopm,
'in
ncing plan, pursuant
�d
as Grandview Tax IticrO
to
increment financing d
on
9, designated by the HR
qty
No. 1202) (the "District'
HIZA
and City appro ed'
and
Financing Plan (tie
ata
3,lisheis Hazardous Subs
es
he use of tax increment
m i
ictions with respect!, to h
leases
affecting or which rr
of
such removal or reined
ne
is to the Financing Plat
.or
#1 of Tax Increment
"2001
Amendment") TI
e
ent revenue from he'':
SS and increases he
iia
ion and removal actiorli'
or the 2001 Amendm�ei
Dck p.m. in the City Cox]
f the public hearing to be
ty a nd a newspaper of gE
or more than thirty (310)
City of Edina
(the "City"), as
hority in and for the
.evelopment plan, as
�d as the Grandview
1pment project to be
469.002, subdivision
7elopment Project"),
-ed by the HRA and
nt Project, the HRA
D the provisions of
nent Financing Plan
strict, as defined in
k as Grandview Tax
I. On April 17,1997,
amendments to the
amendments"). The
ance Subdistrict No.
Erom the HSS to pay
izardous substances
iy affect property in
ation actions. It has
, as amended by the
Financing Plan for
e 2001 Amendment
ISS to pay costs of
uthorized principal
within the HSS.
t s hereby called and
.ci Chambers at Edina
p blished in the Edina
ric ral circulation in the
d ys prior to the date
(952) 927-8861
FAX (952) 826-0390
TDD (952) 826-0379
Passed by the Council this 19th day c
Attest: X -KA -V j
Debra A.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN)SS
CITY OF EDINA 1
2001.
F.
CERTIFICATE OF CITU CLERK
I, the undersigned duly appointed aihd acting City Clerk for the! City of Edina do he by certify that the
attached and foregoing Resolution was duly adopted by he Edina City Council) at it Regular Meeting of
September 19, 2001, and as recorded in the Minutes of s id Regular Meeting.
WITNESS my hand and seal of said City this ay of
i
City Clerk