HomeMy WebLinkAboutResolution No. 2012-052 Setting PH Modification to Southeast Edina Redevleopment Plan Southdale 2 TIF District RESOLUTION NO. 2012-52
CITY OF EDINA
COUNTY OF HENNEPIN
STATE OF MINNESOTA
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE PROPOSED
ADOPTION OF A MODIFICATION TO THE SOUTHEAST EDINA REDEVELOPMENT PLAN, THE
PROPOSED ESTABLISHMENT OF THE SOUTHDALE 2 TAX INCREMENT FINANCING DISTRICT,
AN ECONOMIC DEVELOPMENT DISTRICT, THE PROPOSED APPROVAL OF A BUSINESS
SUBSIDY FOR SOUTHDALE LIMITED PARTNERSHIP, AND THE PROPOSED ADOPTION OF A
SPENDING PLAN FOR CENTENNNIAL LAKES TAX INCREMENT FINANCING DISTRICT.
BE IT RESOLVED by the City Council for the City of Edina, Minnesota (the "City"), as follows:
WHEREAS, the Edina Housing and Redevelopment Authority (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;
NOW,THEREFORE BE IT RESOLVED by the Council as follows
Section 1. Public Hearing. This Council shall meet on April 17, 2012, at approximately 7:00 P.M.,
to hold a public hearing on the proposed adoption of a Modification to the Redevelopment Plan, the
proposed establishment of the Southdale 2 Tax Increment Financing District (an economic development
district), and the proposed adoption of a Tax Increment Financing Plan therefor, the proposed adoption
of a Spending Plan for Centennial lakes Tax Increment Financing District, which are referred to
collectively herein as the "Plans", and the proposed approval of a business subsidy for Southdale Limited
Partnership, all pursuant to and in accordance with Minnesota Statutes, Sections 469.001 to 469.047,
Sections 469.174 to 469.1799, and Sections 116J.993 to 116J.995, 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. 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 No. 273.
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 April 17, 2012, 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 i spection by the public.
Dated: March 20, 2012.
Attest:
Debid A. Mangen, City Cie oviand, Mayo,
ITY OF EDINA
4801 West 50th Street•Edina,Minnesota 55424
www.EdinaMN.gov•952-927-8861 • Fax 952-826-0390
STATE OF MINNESOTA )
COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the
attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of
March 20, 2012 and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this of 12012.
City Clerk