HomeMy WebLinkAboutResolution No. 2021-04 Requesting Public Hearing for Modifaction to 4040 W 70th St TIFRESOLUTION NO. 2021-04
REQUESTING THE CITY COUNCIL OF THE CITY OF EDINA
CALL FOR A PUBLIC HEARING ON THE PROPOSED MODIFICATION TO THE
REDEVELOPMENT PLAN FOR THE SOUTHEAST EDINA REDEVELOPMENT PROJECT
AREA AND ESTABLISHMENT OF THE 4040 W. 70th ST. TAX INCREMENT
FINANCING DISTRICT (A SPECIAL HOUSING DISTRICT)
WHEREAS, the Board of Commissioners (the "Board") of the Edina Housing and Redevelopment Authority (the
"HRA") and City Council ("Council") of the City of Edina, Minnesota ("City") previously established the Southeast Edina
Redevelopment Project Area 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 the modification to the Redevelopment Plan for the Southeast Edina
Redevelopment Project Area ("Redevelopment Plan Modification") to include the establishment of the 4040 W. 70th St.
Tax Increment Financing District and adoption of a Tax Increment Financing Plan therefor (the Redevelopment Plan
Modification and 4040 W. 70th St. Tax Increment Financing Plan are referred to collectively herein as the "Plans"), all
pursuant to and in accordance with Minnesota Statutes, Sections 469.174 through 469.1794 and Sections 469.001 to
469.047, and Minnesota Session Laws 2014, Chapter 308, Article 6, Section 8, inclusive, as amended; and
NOW, THEREFORE BE IT RESOLVED by the Board as follows:
I The HRA hereby requests that the City Council call for a public hearing on August 4, 2021, to consider the
proposed Plans 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 Plans to the Planning Commission of the City
and requests the Planning Commission's written opinion indicating whether the proposed Plans 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 Plans to the Council for its approval.
4. The HRA affirms the transmission of the Plans to Hennepin County and Independent School District No. 273 in
which the Southeast Edina Redevelopment Project Area is located no later than July 2, 2021.
S. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plans and related
documents and to undertake other actions necessary to bring the Plans before the Council,
CITY OF EDINA
4801 West 50th Street • Edina, Minnesota 55424
Approved by the Board onJune 10'2021.
ATTEST:
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CERTIFICATE OFEXECUTIVE DIRECTOR
ithe undersigned duly appointed and acting Executive Director for the Edina Housing and Redevelopment Authority dohereby certify
that the attached and foregoing Resolution is o true and correct copy of the Resolution duly adopted by the Edina Housing and
Redevelopment Authority utits Regular Meeting ofJune |O.202|'and omrecorded inthe Minutes cfsaid Regular Meeting.
WITNESS my hand and seal of said City this 10 f�A day of "hArk 2021,
Executive Director