HomeMy WebLinkAboutResolution No. 2018-097 Calling PH Modification of SE Edina Redevelopment Area W 76th Streert TIF District y9Zr1A,�r�
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RESOLUTION NO. 2018-97
CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE
PROPOSED ADOPTION OF A MODIFICATION TO THE REDEVELOPMENT
PLAN FOR THE SOUTHEAST EDINA REDEVELOPMENT PROJECT AREA, THE
PROPOSED MODIFICATION TO THE TAX INCREMENT FINANCING PLAN
FOR THE SOUTHDALE 2 TAX INCREMENT FINANCING DISTRICT, AND THE
PROPOSED ESTABLISHMENT OF THE WEST 76T" STREET TAX INCREMENT
FINANCING DISTRICT (A HOUSING DISTRICT) THEREIN AND THE
ADOPTION OF THE TAX INCREMENT FINANCING PLAN THEREFOR
WHEREAS, the Edina Housing and Redevelopment Authority has requested that a Public Hearing be
convened to consider the creation of a new Tax Increment Financing District to support the development of
affordably-priced housing at 4100 West 76`h Street and to modify the budget of the Southdale 2 Tax Increment
Financing Plan.
BE IT RESOLVED by the City Council for the City of Edina, Minnesota (the "City"), as follows:
Section 1. Public Hearing. This Council shall meet on November 20, 2018, at approximately 7:00 P.M.,
to hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan for the
Southeast Edina Redevelopment Project Area, the proposed Modification to the Tax Increment Financing Plan
for the Southdale 2 Tax Increment Financing District, and the proposed establishment of the West 76`h Street
Tax Increment Financing District (a housing district) and proposed adoption of a Tax increment Financing Plan
therefor (together the "Plans"), all pursuant to and in accordance with Minnesota Statutes, Sections 469.001 to
469.047 and Sections 469.174 to 469.1794 and Minnesota Session Laws 2017, Chapter 1, Sections I I and 16 in
an effort to provide additional funding for affordable housing and 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 & Associates, Inc., to prepare the Plans and to forward documents to the appropriate taxing jurisdictions
including Hennepin County and Independent School District 273 and 280. The City Clerk 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 November
20, 2018, and to place a copy of the Plans on file in the Executive Director's office at City Hall and to make
such copy available for inspection by the public.
Adopted by the Edina City Council this 16th day of October, 2018.
CITY OF EDINA
4801 West 50th Street•Edina,Minnesota 55424
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Attest: —
Debra A. Mangen, City Clerk James B. Hovland, Mayor
STATE OF MINNESOTA )
COUNTY OF HENNEPIN ) SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
1, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached and
foregoing City Council Minutes is a true and correct copy of the Resolution duly adopted by the Edina City Council at its
regular meeting of October 16, 2018, and as recorded in the Minutes of said regular meeting.
WITNESS, my hand and seal of said City this day of 2018.
Debra A. Mangen, City Clerk