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HomeMy WebLinkAboutResolution No. 2024-06 Public Hearing on Proposed 72nd France Tax Increment Establishmentmes Pierce, Se retary amen B. Hovland, Chair REQUESTING THE CITY COUNCIL OF THE CITY OF EDINA CALL FOR A PUBLIC HEARING ON THE PROPOSED ESTABLISHMENT OF THE 72nd & FRANCE #3 TAX INCREMENT FINANCING DISTRICT (A REDEVELOPMENT 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 72nd & France #3 Tax Increment Financing District and adoption of a Tax Increment Financing Plan therefor (the Redevelopment Plan Modification and 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, inclusive, as amended; and NOW, THEREFORE BE IT RESOLVED by the Board as follows: The HRA hereby requests that the City Council call for a public hearing to consider the proposed Plans and cause notice of said public hearing to be given as required by law. The public hearing shall not precede the date on which the redevelopment proposal for property located at 7235 France Avenue secures final zoning approval. 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 redevelopment described in the proposed Plans is in accordance with the general plans for• redevelopment 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. 280 in which the Southeast Edina Redevelopment Project Area is located no later tha August 30, 2024. 5. Staff and consultants are authorized and directed to take all steps necessa y to prepare the Plans and related documents and to undertake other actions necessary to bring the Plans befor • t e Council. Approved by the Board on August 15, 2024. ATTEST: CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 www.EdinaMN.gov • 952-927-8861 • Fax 952-826-0389 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 Redevelopment 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 August 15, 2024, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this 3T/1 day of Executive Director