HomeMy WebLinkAboutResolution - 2002-182 - Amending TIF District No. 17 for the Colony Senior Project - 11/12/2002 CITY OF EDEN PRAIRIE
HENNEPIN COUNTS.', MINNESOTA
RESOLUTION NO.2002-182
A RESOLUTION AMENDING THE TAX INCREMENT FINANCING PLAN
FOR TAX INCREMENT FINANCING DISTRICT NO. 17
BE IT RESOLVED, by the City Council of the City of Eden Prairie, Minnesota (the
"City") as follows:
Section 1. Recitals.
1.01. On March 20, 2001, the City,pursuant to the Minnesota Tax Increment Financing
Act, Minnesota Statutes Sections 469.174 to 469.179 as amended (the "Act")
created Tax Increment Financing District No. 17 and approved the Tax Increment
Financing Plan related thereto following a public hearing conducted in accordance
with the Act.
1.02. On May 16, 2001, amended the Tax Increment Financing Plan to correct the legal
description.
1.03. Subsequent to the adoption of Tax Increment Finance District No. 17, the Tax
Increment Financing Plan, and the Amendment of May 16, 2001, it has been
determined that further amendments are necessary to the Tax Increment Financing
Plan.
Section 2 Approval of Amendment No. 1 to the Tax Increment Financing Plan.
2.01. The Tax Increment Financing Plan is amended in its entirety as set forth in the
document entitled Amendment No. 1 to the Tax Increment Financing Plan for Tax
Increment Financing (Qualified Housing) District No. 17 (The Colony at Eden
Prairie, formerly Rolling Hills Senior Housing Campus) prepared by Springsted
Incorporated and dated November 4,2002, as attached hereto.
ADOPTED by the City Council of the City of Eden Prairie this 12th day of November,
2002.
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ATTEST:
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Kathleen Porta, City Clerk
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