HomeMy WebLinkAboutResolution - 2002-171 - Calling for Public Hearing - TIF District for Southwest Station Housing - 10/15/2002 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,AHNNESOTA
RESOLUTION NO. 2002-171
A RESOLUTION CALLING FOR A PUBLIC HEARING ON APPROVAL OF A TAX
INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING(QUALIFIED
HOUSING)DISTRICT NO. 19
BE IT RESOLVED by the City Council of the City of Eden Prairie,Minnesota(the"City"),
as follows:
1. Proposed Financing Plan. The Housing and Redevelopment Authority in and for the City of
Eden Prairie,Minnesota(the"HRA")has prepared, and will present to the City for approval a tax
increment financing plan (the "Financing Plan"), which establishes a tax increment financing
district, as defined in Minnesota Statutes, Section 469.174, subdivision 9, designated as Tax
Increment Financing(Qualified Housing)District No. 19 within Project Area Number 5.It has been
proposed that the Board of Commissioners of the HRA and the City Council approve the Financing
Plan, and that this Council hold a public hearing on the Financing Plan as required by Minnesota
Statutes, Section 469.175, subdivision 3.
2. Public Hearing. A public hearing is hereby scheduled to be held on the Financing Plan at
7:00 p.m. on December 3, 2002, in the Council Chambers of the Eden Prairie City Center, 8080
Mitchell Road,Eden Prairie,Minnesota. The City Clerk is hereby authorized and directed to cause
notice of such public hearing in substantially the form of Exhibit A hereto to be published in the
official newspaper of the City not less than 10 days prior to the date of the hearing, and to provide
the information required by Minnesota Statutes, Section 469.175,subdivision 2 to the appropriate
governmental bodies.
ADOPTED by the City Council on October 15,2002.
a, T a-L ns, a or
ATTEST:
thleen Porta, City Clerk
EXHIBIT A
NOTICE OF PUBLIC HEARING ON APPROVAL OF A TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING(QUALIFIED HOUSING)
DISTRICT NO. 19 (SW STATION) OF THE HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF EDEN PRAIRIE,MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Eden Prairie will hold a
public hearing on approval of a Tax Increment Financing Plan (the Financing Plan) for Tax
Increment Financing (Qualified Housing)District No. 19 (the Financing District) of the Housing
and Redevelopment Authority of the City of Eden Prairie (the HRA) at 7:00 p.m. on Tuesday,
December 3, 2002, in the City Council Chambers, 8080 Mitchell Road,Eden Prairie,Minnesota.
The Financing Plan provide for the financing with tax increment revenue generated by the
Financing District established by the Financing Plan of certain public costs to be incurred by the
HRA or the City in connection with carrying out the Plan.
Accompanying this notice is a map of a portion of the City. The map shows the area
encompassed by the Financing District from which tax increment may be collected pursuant to the
Financing Plan and the area in which such tax increment may be expended. It also represents the
site area of the proposed Heights at Valley View apartment development.
All who wish to be heard as to the Financing Plan will be given an opportunity to express
their views at the time of the public hearing or may file written comments with the Finance
Director/Clerk prior to the public hearing.
Kathleen Porta, City Clerk
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