HomeMy WebLinkAboutResolution - 83-100 - Amending Development District #1 - 05/17/1983 Member _ introduced the following reso-
lution and moved its adoption :
CITY OF EDEN PRAIRIE
COUNTY OF HENNEPIN
STATE OF MI NNE S OTA
RESOLUTION NO .
RESOLUTION PROVIDING FOR FURTHER MODIFICATION OF
THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT
NO . 1 AND THE TAX INCREMENT FINANCING PLANS FOR TAX
INCREMENT DISTRICTS NOS . 1 , 2 , 3 , AND 4 LOCATED
THEREIN
BE IT RESOLVED by the City Council (the "Council" ) of
the City of Eden Prairie , Minnesota ( the "City" ) , as fol-
lows :
Section 1 . Recitals .
1 . 01 . It has been proposed that the City further modify
its Development Program for Development District No . 1
( "Development District No. 111
) and the Tax Increment
Financing Plans (the "Tax Increment Financing Plans" ) for
Tax Increment Districts Nos . 1 , 2 , 3 and 4 located therein ,
to reflect the legal changes made in the Tax Increment
Financing Act pursuant to Laws 1982 , Chapter 523 , to add to
the estimated project costs those costs attributable to the
advance refunding of the General Obligation Tax Increment
Bonds of 1.982 , to include additional parcels to be acquired
by the City for purposes of construction of the roadway
system , to delete parcels , previously indicated for acquisi-
tion by the City, which no longer are necessary for acquisi-
tion for purposes of construction of the roadway system, and
to make other modifications as deemed necessary , all pur-
suant to and in accordance with Minnesota Statutes , Chapter
472A , as amended , and Minnesota Statutes , Sections 273 . 71 to
273 .78 , inclusive , as amended.
1 . 02 . This Council has caused to be prepared , and has
investigated the facts with respect thereto , a proposed
modification to the Development Program for Development
District No. 1 , and has caused to be prepared , and has in-
vestigated the facts with respect thereto , a proposed modi-
fication of the Tax Increment Financing Plans for Tax Incre-
ment Districts Nos . 1 , 2 , 3 and 4 relative to the changes
described in Subsection 1 . 01 above .
1 . 03 . The City has performed all actions required by
law to be performed prior to the modification of the De-
velopment Program for Development District No. 1 and the
modification of the Tax Increment Financing Plans for Tax
Increment Districts Nos . 1 , 2 , 3 and 4 located therein ,
including , but not limited to, consultations with Hennepin
County and the School Districts having taxing jurisdiction
over the property included in Development District No. 1 and
Tax Increment Districts Nos . 1 , 2 , 3 and 4 and a review of
the modified Development Program and Tax Increment Financing
Plans by the City Planning Commission and the holding of a
public hearing upon published and mailed notice as required
by law .
1 . 04 . The Council. hereby determines that it is neces-
sary and in the best interests of the City at this time to
further modify the Development Program for Development Dis-
trict No. 1_ and to modify the Tax Increment Financing Plans
for Tax Increment District Nos . 1 . 2 , 3 and 4 and to adopt
anti approve the Development Program and Tax Increment
Financing Plans , as modified .
Section 2 . Findings Concerning Development District .
2 . 01 . The Council finds , determines and declares that
the modification of the Development Program by the Council
is intended and , in the judgment of this Council , its effect
will be , to provide an impetus for further commercial devel-
opment , increase employment and otherwise promote certain
f public purposes and accomplish certain objectives specified
in the Development Program.
Section 3 . Findings Concerning Modification of the Tax
Increment Financing Plans of Tax Increment Districts Nos . 1 ,
2 , 3 and 4 .
3 . 01 . The Council hereby finds , determines and declares
that Tax Increment Districts Nos . 1 , 2 , 3 and 4 and the Tax
Increment Financing Plans relating thereto meet the findings
required by Minnesota Statutes , Section 273 .74 , subdivision
3 and previously found , determined and declared in Resolu-
tions No . 82 -58 , No. 82-262 and No . 83-61 respectively .
3 . 02 . The Council further finds , declares and deter-
mines that the City made the findings as referenced in Sub-
section 3 . 01. above and has set forth the reasons and sup-
porting facts for each determination in writing , attached
hereto as Exhibit A .
Section 4 . Establishment of Tax Increment Districts
Nos . 1 , 2 , 3 and 4 , as Modified and the Adopt ion of the Tax
Increment Financing Plans , as Modified , for Said Tax Incre-
ment Districts .
4 . 01 . Under and pursuant to Minnesota Statutes ,
Sections 273 . 71 to 273 . 78 , inclusive , as amended , the prop-
erty identified in the subsection entitled Parcels To Be
- 2 -
Included_ in Tax Increment District in the Tax Increment:
Financing Plans , as modified , for Tax Increment Districts
Nos . 2 , 2 , 3 and 4 are hereby established as Tax Increment
Districts Nos . 1 , 2 , 3 and 4 respectively .
4 . 02 . The Tax Increment Financing Plans for Tax Incre-
ment Districts Nos . 1 , 2 , 3 and 4 are hereby approved and
adopted in the form on file and of record in the Office of
the Finance Director-Clerk
Section 5 . :implementation of Modified Development Pro-
gram and Tax Increment Financing Plans .
5 . 01 . The officers of the City , the City ' s financial
advisor and underwriter therefor , and the City ' s legal coun-
sel and bond counsel are authorized and directed to proceed
with the implementation of the Modified Development Program
for Development District No . 1 and the Tax Increment Financ-
ing Plans for the Tax Increment Districts within Development
District No . 1 and for this purpose to negotiate , draft ,
prepare and present to this Council for its consideration
all further plans , resolutions , documents and contracts
necessary for this purpose .
Date : May 17 , 1983 A_
7� Mayor
ATTEST :
ice Director-Clerk
The motion for the adoption of the foregoing resolution
was duly seconded by Member _ , and upon vote
being taken thereon , the following voted in favor thereof :
and the following voted against the same :
whereupon said resolution was declared duly passed and
adopted , and was signed by the Mayor and attested by the
City Finance Director-Clerk .
�1
3 -
EXHIBIT A TO RESOLUTION NO .
The reasons and facts supporting the findings for the
establishment of Tax Increment Districts Nos . 1 , 2, 3 and 4 ,
as modified, and the approval -and adoption of the Tax Incre-
ment Financing Plans , as modified, for said Tax Increment
Districts as required pursuant to Minnesota Statutes , Sec-
tion 273 . 74 , Subdivision 3 are as follows :
1 . Finding that Tax Increment Districts Nos . 1 , 2, 3 and 4 ,
as modified , are types of "economic development districts"
as defined in Minnesota Statutes , Section 273 . 73 , Subdivi-
sion 12 .
(, 2 . Finding that the proposed development, in the opinion of
the Council, would not occur solely through private invest-
ment within the reasonably foreseeable future and, there-
fore , the use of tax increment financing is deemed neces-
sary .
3 . Finding that the Tax Increment Financing Plans for Tax
Increment Districts Nos . 1 , 2 , 3 and 4 , as modified , will
afford maximum opportunity , consistent with the sound needs
of the City as a whole , for the development of Development
District No. l by private enterprise .
A - l
4 . Finding that the establishment of Tax Increment Dis-
tricts Nos . 1 , 2 , 3 and 4 and the adoption and approval of
the Tax Increment Financing Plans relating thereto by the
City is intended and , in the judgment of the Council , its
effect will be , to promote the purposes and objectives
specified in Section 3 of this Resolution No. -33- 1c)0 and
otherwise promote certain public purposes and accomplish
certain objectives specified in the Modified Development
Program for Development District No. 1 and in the Tax Incre-
ment Financing Plans for Tax Increment Districts Nos. l , 2 , 3
and 4 .
A - 2
EXHIBIT "A" TO RESOLUTIONS 83-100 and 83-101
Reasons and Facts Supporting Findings for Modification of
Tax Increment Financing Plans For Tax Increment Districts
Nos. 1, 2, 3 and 4 and for Establishment of Proposed Tax
Increment District No. 5 and the Adoption of a Tax
Increment Financing Plan Relating Thereto.
BACKGROUND AND SUMMARY OF EVIDENCE
The City Council adopted Development District No. 1 and Tax Increment
Financing Plan for an Economic Development District on September 22, 1981.
Thereafter, on March 30, 1982, the City Council adopted Amended Development
District No. 1 Program and Tax Increment Financing Plans for the City of Eden
Prairie, Minnesota. The latter included Tax Increment District No. l and Tax
Increment District No. 2. On November 16, 1982 the City Council adopted Tax
Increment Financing Plan For Tax :ncrement District No. 3. On March 15, 1983 the
City Council adopted Tax Increment Financing Plan For Tax Increment District
No. 4. Adoption of the Development District No. 1 and Tax Increment Financing
Plan for an Economic Development District on September 22, 1981, was preceded by
a hearing thereon held on September 15, 1981. At the hearing extensive evidence in
the form of documents, memoranda, reports and oral testimony was introduced, all
of which is set forth in minutes of the meeting of the City Council held on
September 15, 1981. The evidence introduced and as described in the minutes of
September 15, 1981, is made a part of the record in these proceedings. Also made a
part of the record in these proceedings are the notice of the public hearing;
minutes of meetings of the City Council held on September 22, 1981, March 30,
1982, and November 16, 1982 and March 15, 1983; letter from Eden Prairie Chamber
of Commerce dated September 18, 1981; minutes of meetings of the City's Planning
Commission on March 29, 1982 and May 9, 1983; two memoranda dated March 15,
1983, and two memoranda dated May 11, 1983 by Eugene A. Dietz, Director of Public
Page -2-
`,Vorks, addressed to the Mayor and City Council; a letter dated April 15, 1983,
,_addressed to Mr. John Lobben, Chairman of the Beard, Eden Prairie School District
.a
No. 272; a letter dated April 15, 1983 addressed to Mr. Norm 1=riederichs, Chairman
of the hoard, Joint Independent School District No. 2.87; a .letter dated April 15,
1983 addressed to Mr. John Derus, Chairman of the Hennepin County Board of
Co-mmissi,_-mors; and a rnemor._andurn dated lurch 15, 1983 and a rneinorandurn dated
May 11, 198", by Carl J. Jullie, City :'Manager.
Summary of portions of the evidence contained in the record relevant to the
findings contained in Section 2 of Resolution No. 83-100 aiid Section 3 of Resolution
No. 83-101. The project for Tax Increment Financing Plans for Tax Increment
Districts Nos. I, 2, 3, 4 and 5 is described as the. "Development Program" in the
Modified Development Program for Development District No. I including Tax
Increment financing Plans for Tax Increment Districts Within Development
District No. 1 dated May 17, 1983 (hereafter referred to as "Modified Development
Program".) The geographic area of the Project is described in the Development
Program. Tax Increment District. No. I consists of parcels identified by the
following property identification numbers (PIN):
1 1 -1 16-22--13-0002
11 - 116-22-32-0002
11- 116-22-33-0005
11-116-22-42-0002
11 -116-22-42-0003
11 - 116-22-42-0004
1 1 -1 16-22-42--0005
1 1- 1 16-22-42-0007
11-116-22-42-0008
11- 116-22-42-0009
11 -116-22-44-0008
13- 116-22-11-0006
13-116-22-11-0007
13-116-22-14-0009
13- 116-22-24-0012
13-116-22-32-0003
11:- 1 16-22-13-0005
14- 116--22- 13-0011
14-116-22-13-0015
Page -3-
14-116-22-13- 0021
14-116-22-13-0022
14-116-22-13-0023
14-116-22-14-0011
14-1 1 6-22-21-000 5
14-116-22-22-0002
14-116-22-31-0008
14- 116-22-34-0015
15-116-22-22-0004
11-116-22-42-0013
11 -116-22-42-0019
11-116-22-42-0022
11-116-22-42-0023
14-116-22-32-0005 through 14- 116--22-32-0274
Tax Increment Pistrict No. 2 consists of parcels idi,-ntified by the iollowing
property identification numbers (PIN):
13-116-22-34-0030
14-116-22-31-0020
Tax Inc;rernent District No. 3 consists of a parcel identified by the following
property identification nr_rniber (PIN):
10- 1 1 6-22-31-0002
Tax In(:r,--i-)ent District No. 4 consists of a parcel identified by the follov ing
property i lentific-ation number (PIN):
10-1 16-22--44-0004
Tax Incrcrner)t District No. 5 consists of parcels identified by the following
property idClItificcition nun-1bcrs (f'iN):
14-116-22-12-0014
13-116-22-14-0005
1=uLcne A. Dietz, Director of Public v.,orks for the City has provided a
memorandur demonstrating that all the parcels in Tax Incrcinent Districts 1, 2, 3,
4 and 5 are situated within the geographical area of the Project.
In his memorandum dated July 7, 1981, Chris Enger, Director of Planning of
the City, stated that the concept of a Ring Road in the major center area was
Page -4-
adopted in the City's first Comprehensive Guide Plan in 1968 which was further
refined in 1973 as part of the major center area planned unit development. Mr.
Enger noted that regional office and commercial development has been stifled by
the lack of good regional access. He also stated that if congestion can be reduced
and access improved in the major center area, rapid growth will result in the
traditionally established pattern of development following roads. If access cannot
be improved, growth will stagnate as more accessible commercial areas retain a
competitive advantage over the City. In a letter dated September 18, 1981, Eden
Prairie Chamber of Commerce stated that it views the project as necessary to the
growth and development of the City in general and of the major center area in
particular. In a letter dated September 14, 1981, Ron Wesley, Center Manager for
Homart Development Co., stated that since the opening of highway improvements
in November, 1979, consisting of Highway 169/212 south exist rarnp from I-494
westward, traffic movements have steadily increased. Also during this period of
tirne the Eden Prairie Center's occupancy levels, that is the number of merchants,
have also increased. At the public hearing conducted by the City Council on
September 15, 1981, on the matter of Development District No. 1 and Economic
Development District and Tax Increment Financing Plan, Robert Boblett, a real
estate expert, testified that he does not believe Eden Prairie is experiencing the
degree of development which should be expected and that can be ascribed to
troublesome egress and ingress. He believes the Project ought to be of relief to the
bottlenecking of access to the major center area and that it will open up the area
to development. He believes it will result in substantial construction velocity, all
of which will amount to appreciation of the value of the land which will increase
taxes. He stated that the Project will result in the preservation and enhancement
of the tax base in Eden Prairie; that in connection with jobs the Plan would be to
the City's benefit; and that the Plan would discourage commerce, industry or
manufacturing from moving their operations to another state. He stated the plan is
an economic good for the City. Eugene A. Dietz, Director of Public Works, in a
Page -5-
memorandurn dated May 11, 1983, stated that the parcels of property located within
Tax Increment Districts Nos. 1, 2, 3, 4 and 5 are occupied by buildings constructed
or now under construction. Less that twenty percent (20%) of the buildings in each
District are structurally substandard and do not require substantial renovation or
clearance. None of the parcels are in a condition having unusual terrain or soil
deficiencies requiring substantial filling, grading or other physical preparation for
use. In each District at least 80 percent of -the total acreage of the parcels do not
have a fair market value which when added to the estimated cost of preparing that
land for development, excluding costs relating to roads and local improvements,
exceeds its anticipated fair market value after completion of the preparation. He
also states that none of the parcels consist of air rights over a public street or
highway or of rail yards, rail storage facilities or railroad right-of.-ways. Carl
Jullie, City Manager, in a memorandum dated May 11, 1983, stated that while
improvements in the Project have been contemplated at least since the early 1970s
and efforts have been made to conduct the improvements through the local
improvement special assessment to benefited lands procedure or through other
private investment alternatives, accomplishing this objective has met with only
limited success with respect to a small part of the project. The building of roads,
bridges, underpasses and other major highway improvements has not historically
been within the capability of private investment and there is no indication in the
light of present economic conditions that private investment could in the
reasonably foreseeable future cause the improvements in the Project to be made.
At its meeting on August 24, 1981, the Planning Commission found that the
Tax Increment Financing Plan conforms to the general plan for the development of
the municipality as a whole; at its meeting on March 29, 1982, the Planning
Commission in reviewing the Amended Development District No. 1. Program and
�- Tax Increment Financing Plans dated March 30, 1982, found that the Plan conforms
to the general Flan for the development of the municipality as a whole; and at its
Page -6-
inec-ting on May 9, 1983 the Planning Commission in reviewing the proposed
'Alodi.fied Development Program" found that it conforms to the general plan for the
development of the municipality as a whole.
A mer;iorandurn by City Assessor, Bob Martz, dated July 7, 1981, reflects the
valuation .for general ad valorem taxes of real property within the rnajor center
area h.7is been reduced in the following amounts for the following ov"ners during the
fo!lo% ing periods:
Sears Roebuck & Co.
1977-1980
$4,471,000.00
Homart Shopping Center
1978-1980
$7,979,400.00
Pov.,ers Department Store
1977 and 1978
$4,720,000.00
A report from Sack Hacking dated September 8, 1981, to Carl 7ullie setting forth
accident information in the major center area indicates that during the period 1975-
1981 a total of 680 accidents oCcurred in the area resulting in 274 injuries and 7
fatalities.
l�c:sed rjpon the evidence and the record the Council sets forth its further
specific reasons and supporting its findings as follows:
I.
The Tax Increent Financing District No. I contained in the Tax Increment
1=inancing Plan for Tax Increment District No. 1 consists of PINs:
11-116-22-13-0002
11-116-22-32-0002
11-116-22-33-0005
11-116-22-42-0002
11-116-22-42-0003
11-116-22-42-0004
11-116-22-42-0005
11-116-22-42-0007
11-116-22-42-0008
11-116-22-42-0009
11-116-22-44-0008
13-116-22-11-0006
Page -7-
•
13-116-22- 11-0007
13-116-22-14-0009
` 13- 116-22-24-0012
13- 116-22-32-0003
14-116-22- 13-0005
14--116-22- 13-0011
14-116-22-13-0015
14-116-22- 13-0021
14-116-22-13-0022
14-- 1 16-22- 13-0023
14- 116-22- 14-0011
14-116-22-21-0005
14-116-22-22-0002
14- 116-22-31-0008
14- 116-22-34-0015
15- 1 .l 6-22-22--0004
11- 1 16-22-42-0013
11- 116-22-42-0019
11-116-22-42-00222
11-116-22-42-0023
14-116-22-32-0005 through 14-116-22-32-0274
II.
The Tax Incrernent Financing District No. 2 contained in the Tax Incrernent
I'inancing Ulan for Tax Incrernent District No. 2 consists of PINS:
13-- 1 16-22-34-0030
14- 1 16-22-31-0020
III.
The Tax Incrernent Financing District No. 3 contained in the Tax Increment
Financing Plan for Tax Incrernent District No. 3 consists of PIN:
10-116-22-31-0002
IV.
The Tax Incrernent Financing District No. 4 contained in the Tax Incrernent
Financing Plan for Ta>: Incrernent District No. 4 consists of PIN:
10-1 16-2.2-44-0004
V.
The Tax Increment Financing District No. 5 contained in the Tax Increment
Financing Plan for Tax Increment District No. 5 consists of PINS:
14-116-22- 12-0014
13-116-22- 14-0005
Page -8-
(Tax Increment Financing Districts Nos. 1, 2, 3, 4 and 5 hereinafter referred to as
the "Districts"; Tax Increment Financing Plans for Tax Increment Districts 1, 2, 3, 4
and 5 hereinafter referred to as the "Plans"; and the property located within the
Districts and identified by respective PINs hereinafter referred to as the
"Parcels".)
VI.
The Project described in the Plans is that set forth in Section I, Development
Program, in the Modified Development Program, dated May 17, 1983 referred to in
the Plans. The project consists of public improvements including roads, grading,
curb and gutter, storm drainage, utilities, sidewalks, bituminous surfacing, traffic
signals, underpass and ramps, all as more fully described in the Development
Program (the "Project"). The geographic area of the Project is described in the
Modified Development Program at pages I-A-1 through I-A-4, the boundaries of
which are further delineated on a map at page I-d--1. The Parcels are wholly
i
contained within the geographic area of the Project.
V II.
Construction of the Project will reduce traffic congestion and provide better
access to lands within the Project geographic area which will result in the
development of such lands, the construction of buildings thereon, the increase of
business and commerce and the increase in jobs as a result thereof, all of which will
contribute to economic growth and development in the City.
VII.
The Districts are, therefore, tax increment financing districts as defined by
Minnesota Statutes, Section 273.73, Subd. 9.
IX.
The Project, being one for the improvement of roads within its geographic
area, is not intended for occupancy by persons or families of low and moderate
income as defined in those acts and laws referred to in Minnesota Statutes
Section 273.73, Subd. 11, and is not a housing district as defined therein.
Page -9-
X.
In each District there are one or more buildings constructed or now under
construction. Less than twenty percent (20%) of the buildings in each District are
structurally substandard and do not require renovation or clearance.
XI.
None of the Parcels are in a condition having unusual terrain or soil
deficiencies requiring substantial filling, grading or other physical preparation for
use. At least 80 percent of the Parcels in each respective District do not have a
fair market value which, when added to the estimated cost of preparing the Parcel
for development excluding costs related to roads and local improvements, if any,
exceed their anticipated fair market value after completion of such preparation.
XII.
None of the Parcels consist of air rights over a public street, highway or
a
right-of-way.
XIII.
None of the Parcels consist of used rail yards, rail :storage facilities or
excessive or vacated railroad right-of-ways.
XIV.
The Districts are each not redevelopment districts as defined in Minnesota
Statutes Section 273.73, Subd. 10.
XV.
The Project, which will be financed in part from the tax increments from the
Districts, will (a) discourage commerce, industry or manufacturing from moving
their operations to another state; (b) result in increased employment in the City;
and (c) result in preservation and enhancement of the tax base of the City and is
therefore in the public interest.
XVI.
The Districts are each an economic development district within the meaning
of Minnesota Statutes Section 273.73, Subd. 12.
Page -10-
XVII.
The improvements in the Project have been contemplated since the early
1970s. While efforts were made to construct the improvements through the local
improvements special assessment to benefited lands procedure or through other
private investment alternatives, doing so has met with only limited success as to a
small part of the Project. Furthermore, the building of roads, bridges, underpasses
and other major highway improvements has not historically been within the
capability of private investment. There is no indication in the light of present
economic conditions that private investment could in the reasonably foreseeable
future cause the improvements in the Project to be made. For these reasons the
use of tax increment financing for construction of the Project is deemed necessary.
XVIII.
The Project and the improvements within its geographic area have been
reviewed by the City's Planning Commission prior to the adoption of the Modified
Development Program and were found to conform to -the City's general plan for its
development as a whole.
XIX.
The construction of the Project will reduce congestion and enhance access to
private lands within the Project's geographic area and will thereby encourage and
afford development of the lands within the Project's geographic area by private
enterprise.
5
7
cd�
MEMORANDUM
4
TO: Mayor and City Council
THROUGH: Carl Jullie, City Manager
FROM: Eugene A. Dietz, Director of Public Works
DATE: May 11, 1983.
RE: Tax Increment Districts Nos. 1, 2, 3, 4 and 5
I, or persons on my staff, have inspected the parcels of property located
within Tax Increment District Nos. i, 2, 3, 4 and 5 (which parcels are set forth on
Exhibit 1 hereto) hereinafter "the parcels". The inspections disclose the following:
1. In each District there are one or more buildings constructed or now
under construction. Less than twenty percent (20%) of the buildings in each
District are structurally substandard and do not require substantial renovation or
clearance.
2. None of the parcels are in a condition having unusual terrain or soil
deficiencies requiring substantial filling, grading or other physical preparation for
use. In each District at least 80 percent of the total acreage of the parcels does
not have a fair market value which, when added to the estimated cost of preparing
that land for development excluding costs related to roads and local improvements,
if any, exceeds its anticipated fair market value after completion of such
preparation.
3. None of the parcels consist of air rights over a public street, highway or
right-of-way.
4. None of the parcels consist of used rail yards, rail storage facilities or
excessive or vacated railroad right-of-ways.
Eugene A. Dietz
Director of Public Works
7IF#1
PIN PIN PIN
11-116-22-13-Ci002 14 -116-22-32-0019 14-116-22-32-0069
11 22--32-0002 14 -116-22-32-0020 14 .-116-22-32 -0070
ll -4 --22-33-0005 14 -116-22-32-0021 14-116-22-32-0071
14-116-22-32-0022 14-116-22-32-0072
11--116-22 -42-0002 14-11.6-?_2-32-0023 14-116-22-32-0073
11 -116-?2-42-0003 14-116-22-32-".)024 14-116-22-32-0074
11-116-22-42-0004 14 -116-22-32 -0025 14-116-22-32-0075
11 -116-22-42--0005 14-116-22-32-0026 14 -116-22-- 32-0076
1.1-116-22-42-0007 14 -116-22-32-0027 14-116-22-32-0077
11-116-22-42-0008 14-116-22-32-0028 14--116-22-32-0078
11-116-?2-42-0009 14-116-22-32-0029 14-116-22-32-0079
11 -1 16-?2-44-0008 14 -116-22-32--0")30 14-116--22-3?--0080
13-1i6-22-11 -0006 14-116-22-32-0031 14-116--22-32-0081
13-116--22-1.1-0007 14-1.16-?2-32-0032 14-116-22-.32--0082
13-116--22-14-0009 14-116-22.--32-0033 14 -116-22-32_-0083
13-116-22-24--0012 14 -116-?2-32-0034 14-116--22-32-0084
13-116-22-32-0003 14-116-22-32-0035 14-116-22-32-0035
14-116-22-13-0005 14-116-2.2-32-0036 14-116-22-32-0086
14-116-22-13-0011 14-116-22-32-0037 14-116-22-32--0087
14-116-22--13-0015 14-116-22-32-0038 14-116-22-32-0088
14-1.16-?2-13-0021 14-116-2.2-32-0039 14-116-22-32-0089
14-1.16-2.2-13-0022 14-116-22-32-0040 14-116--22 -32-0090
14-116-22-13-0023 14-116-22--32-0041 14-116-22-32-0091
14-116--22-14-0011 14 --116-22-32-0042 14-116-22-32-0092
14-116-22-21-0005 14-116--22-32-0043 14-116-2.2-32-0093
14-116-22-22--0002 14-116-22-32-0044 14-116-22-32-0094
14 - 6-22-31 -0008 14-116-22-32-0045 14-116-22-32-0095
14 _ -22-34-0015 14 -116--22-32-0046 14-116-22-32-0096
14--116-22-32-0047 14-116-22-32-0097
15-116-?2-2 2--0004 14-116-22-32--0048 14-116-22-32-0098
14-11.6-22-32--0049 14-116-22-32--0099
11-116-22-42-0013 14-116-?_2-32-0050 14-116-22-32-0100
14-116-?2-32-0051 14--116-22-32-0101
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14-116-22-32-0269 13-116-22-34-0030 10-116-22-44-0004
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14-116-22-32-0273 PIN 14-116-22-12-0014
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BOUNDARY HAP OF DST OPMENT DISTRICT' iVO. 1
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1 MEMORANDUM
TO: Mayor and City Council
THROUGH: Carl Jullie, City Manager
FROM: Eugene A. Dietz, Director of Public Works
DATE: May 11, 1983.
RE: Tax Increment District Nos. 1, 2, 3, 4 and 5.
All the parcels of property located within Tax Increment Distric Nos. 1, 2, 3,
4 and 5 (which parcels are set forth on Exhibit 1 hereto) are by definition each a
continguous geographic area. Each Parcel is situated within the project described
in Tax Increment Financing Plans for Tax Increment Districts Within Development
District No. 1 which is by reference the Development Program described in
Modified Development Program for Development District No. 1. Attached hereto
as Exhibit 2 is a copy of the boundary map of Modified Development Program for
Development District No. 1 on which is shown the location within the boundaries
thereof each parcel.
Eugene A. Dietz
Directors of Public Works
TIF#1
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14-116-22--32-0018 14-116-22--32-0068 14-116-22-32-0118
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14-116-22-32-0168 14-116-22-32-0218 14-116-22-32-0268
PIN TIF#I PIN TIF#2 PIN TIF44
Y 116-22-32-0269 13-116-22-34-0030 10-116-22-44-0004
1•, -116-22-32-0270 14-116-22-31-0020
14-116-22-32-0271 TIF#5
14-116-22-32-0272 TIF#3 PIN
14-116-22-32•-0273 PIN 14-116-22-12-0014
14-116-22-32-0274 10-116-22-31-0002 13-116-22-14-0005
MEMORANDUM
TO: Mayor and City Council
FROM: Carl Jullie, City Manager
DATE: May 11, 1983.
RE: Tax Increment District Nos. 1, Z, 3, 4 and S.
Improvements were in the Project area have been contemplated at least since
the early 1970s and efforts have been made to construct the improvements through
local improvement special assessments to benefited lands procedure or through
other private investment alternatives. Accomplishing this objective has met with
only limited success with respect to a small part of the project. The building of
roads, bridges, underpasses and other major highway improvements has not
historically been within the capability of private investment and there is no
indication in the light of present economic conditions that private investment
could, in the reasonably foreseeable future, cause the improvements in the Project
to be made.
Carl J. Jullie
City Manager
April 15 , 1983
The Honorable John Derus
Chairman
Hennepin County Board of Commissioners
A-2300 Government Center
Minneapolis , Minnesota 55487
Re : The proposed Modification of the Development Program
for Development District No . 1 and the Tax Increment
Financing Plans for Tax Increment Districts Nos . 1,
2 , 3 and 4 and the proposed adoption of a Tax Incre-
ment Financing Plan for Tax Increment District No . 5 ,
for the City of Eden Prairie , Hennepin County , Minne-
sota.
Dear Chairman Derus and Board Members :
Enclosed please find one copy each of the proposed modifi-
cation of the Development Program for Development District No .
1 and the Tax Increment Financing Plans for Tax Increment Dis-
tricts Nos . 1 , 2 , 3 and 4 and the proposed Tax Increment Finan-
cing Plan for Tax Increment District No . 5 to be considered for
approval and adoption by the City Council of the City of Eden
Prairie at a hearing of the City Council on May 17 , 1983 .
A 1982 amendment to the Minnesota Tax Increment Financing
Act at Sectio:z 273 . 74 , Subd. 2 , requires that prior to the
modification of an existing tax increment financing plan or
adoption of a new tax increment district , the City must provide
an opportunity to the members of the Hennepin County Board of
Commissioners to review the fiscal and economic implications of
' the proposed, modified or new tax increment financing district
30 days from the trc-uzsmittal of the above tax increment financ--ing
- 2 -
plan or until the County Board has presented written comment on
the proposal , whichever is less .
The purpose of the proposed modification of the Development
Program for Development District No . 1 and the proposed modifi-
cation on the Tax Increment Financing Plans for Tax Increment
Districts Nos . 1 , 2 , 3 and 4 within Development District No . l is
for the purpose of :
(1) Modifying the documents to reflect the legal changes
made in the Tax Increment Financing Act pursuant to
Laws 1982 , Chapter 523 ;
(2) Adding to the Estimated Project Costs , the cost attri-
butable to the advance refunding of the General Obli-
gation Tax Increment Bonds of 1982 ;
( 3) Including additional parcels to be acquired by the City
for purposes of construction of the roadway system; and
(4) Deleting parcels , previously indicated for acquisition ,
which no longer are necessary for acquisition for pur-
poses of construction of the roadway system.
The City has determined that advance refunding of the Gen-
eral Obligation Tax Increment Bonds of 1982 and the additional
cost attributable to that issuance will be of benefit to all the
taxing jurisdictions affected by the Tax Increment Districts in-
volved due to interest savings resulting from refunding of the
issue . We will inform you of the substantial amount of reduction
in project costs resulting from the refunding when that infor-
mation is available .
In addition, the City purposes to adopt the Tax Increment
Financing Plan for proposed Tax Increment District No. 5 at the
same time the above modifications are made .
We request that you review the enclosed proposed Tax Incre-
ment Financing Plan for proposed Tax Increment District No. 5
beginning at Page 6-1 and ask that you note particularly the sec-
tion entitled , "Estimated Impact on Other Taxing Jurisdictions . "
The tax increments accruing from the proposed Tart Increment Dis-
trict No . 5 will be directed toward the retirement of outstanding
bonds issued to cover presently existing project costs . Inasmuch
as proposed Tax Increment District No . 5 is of limited size and
the tax increments accruing from the district will be used toward
the retirement of outstanding bonds , the impact on Hennepin County
is minimal .
We invite you to attend the public hearing to be held by the
City Council on May 17 , 1983 , beginning at 7 : 30 p . m. , or to di-
rect any comments or questions that you may have to my office
3 -
at City Hall or to John Frane, Finance Director, at 937-2262 ,
extension 50 .
Thank you for your consideration in reviewing the enclosed
proposal .
Sincerely,
Carl J. Jullie
City Manager
Enclosures ; Modified Development Program and
Tax Increment Financing Plans for
Existing Tax Increment Districts
Within Development District No . 1
Proposed Tax Increment Financing
Plan for Proposed Tax Increment
District No . 5
April 15 , 1983
2-?r . John Lobben
Chairman of the Board
Independent School District
#272 School Board
8100 School Road
Eden Prairie ,- Minnesota 55344
Re : The proposed Modification of the Development Program
for Development District No . 1 and the Tax Increment
Financing Plans for Tax Increment Districts Nos . 1 ,
2 , 3 and 4 and the proposed adoption of the Tax
Increment Financing Plan for Tax Increment District
No . 5 , for the City of Eden Prairie , Hennepin County ,
Minnesota .
Dear Chairman Lobben and Board Members :
Enclosed please find one copy of the proposed Modification
of the Development Program for Development District No . 1 and
the Tax Increment FiriancinQ_ Plans for Tax Increment Districts
Nos . 1 , 2. , 3 and 4 and the proposed Tax Increment Financing Plan
for Tax Increment District No . 5 to be considered for approval
and adoption by the City Council of the City of Eden Prairie
at a hearing of the City Council on May 17 , 1983 .
The Minnesota Tax Increment Financing Act , Section 273 . 74 ,
Subd . 2 , requires that prior to the modification of an existing
tax increment financing plan or the adoption of a new tax incre-
ment district , the City must provide an opportunity to the mem-
bers of any School District in which any portion o-f the proposed
modified or new tax increment financing district is located to
meet with the City to review the fiscal and economic implications
of the proposed tax increment financing district .
The purpose of the proposed modification of the Development
Program for Development District No . 1 and the proposed modifica-
tion of the Tax Increment Financing Plans for Tax Increment Dis-
tricts Nos . 1 , 2 , 3 and 4 within Development District No . 1 is for
the purpose of :
(1) Modifying the documents to reflect the legal
changes made in the Tax Increment Financing
Act pursuant to Laws 1982 , Chapter 523 ;
( 2) Adding to the Estimated Project Costs , the
cost attributable to the advance refunding of
the General Obligation Tax Increment Bonds of
1982 ;
( 3) Including additional parcels to be acquired by
the City for purposes of construction of the
roadway system;
(4 ) Deleting parcels , previously indicated for acqui-
sition , which no longer_ are necessary for acquisi-
tion for purposes of construction of the roadway
system .
The City has determined that advance refunding of the General
Obligation Tax Increment Bonds of 1982 and the additional cost
attributable to that issuance will be of benefit to all the taxing
jurisdictions affected by the Tax Increment Districts involved
due to interest savings resulting from refunding of the issue .
We will inform you of the substantial amount of reduction in
project costs resulting from the refunding when that information
is available .
In addition , the City proposes to adopt the Tax Increment
Financing Plan for proposed Tax Increment District No . 5 at the
same time the above modifications are made . Therefore , we re-
quest that you review the enclosed proposed Tax Increment Financ-
ing Plan for the proposed Tax Increment District No . 5 . The
tax increments accruing from the proposed Tax Increment District
No . 5 will be directed toward the retirement of outstanding bonds
issued to cover presently existing project costs . Inasmuch - as
proposed Tax Increment District No . 5 is of limited size and the
tax increments accruing from said district will be used toward
retirement of outstanding bonds , the impact on Independent
School District ;#272 is minimal .
We invite you to attend the public hearing to be held by the
City Council on May 17 , 1983 , beginning at 7 : 30 p .m. , or to direct
any cornments or questions that you may have to my office at City
a
2 -
Hall or to John Frane , Finance Director , at 937-2262 , extension 50 .
Thank you for your consideration in reviewing the enclosed
proposal .
Sincerely•,
Carl J. Jullie
City Manager
Enclosure
April 15 , 1983
Mr . Norm Friederichs
Chairman of the Board
Joint Independent District
#237 School Board
Suburban Hennepin_ Technical
Center
1820 Xenium Lane
Minneapolis , Minnesota 55441
Re: The proposed Modification of the Development Program
for Development District No . 1 and the Tax Increment
Financing Plans for Tax Increment Districts Nos . 1 ,
2 , 3 and 4 and the proposed adoption of the Tax incre-
ment Financing Plan for Tax Increment Financing District
No . 5 for the City of Eden Prairie , Hennepin County ,
Minnesota
Dear Chairman Friederichs and Board Members :
Enclosed please find one copy of the proposed Modification
of the Development Program for Development District No. 1 and
the Tax Increment Financing Plans for Tax Increment Districts
Nos . 1 , 2, 3 and 4 and the proposed Tax Increment Financing Plan
for. Tax Increment District No . 5 to be considered for approval
and adoption by the City Council of the City of Eden Prairie
at a hearing of the City Council on May 17 , 1983 .
The Minnesota Tax Increment Financing Act , Section 273 . 74 ,
Subd . 2 , requires that prior to the modification of an existing
tax increment financing plan or the adoption of a new tax incre-
ment district, the City must provide an opportunity to the mem-
bers of any School District in which any portion of the proposed
modified or new tax increment financing district is located to
meet with the City to review the fiscal and economic implications
of the proposed tax increment financing district.
The purpose of the proposed modification of the Development
Program for Development District No. 1 and the proposed modifica-
tion of the Tax Increment Financing Plans for. Tax Increment Dis-
tricts Nos . 1 , 2 , 3 and 4 within Development District No . 1 is
for the purpose of :
(1) Modifying the documents to reflect the legal
changes made in the Tax Increment Financing
Act pursuant to Laws 1982 , Chapter 523 ;
(2) Adding to the Estimated Project Costs , the
cost attributable to the advance refunding of
the General Obligation Tax Increment Bonds of
1982 ;
( 3) -.ncluding additional parcels to be acquired by
the City for purposes of construction of the
roadway system;
(4) Deleting parcels , previously indicated for acqui-
sition, which no longer are necessary for acquisi-
tion for purposes of construction of the roadway
system.
The City has determined that advance refunding of the General
Obligation Tax Increment Bonds of 1982 and the additional cost
attributable to that issuance will be of benefit to all the taxing
jurisdictions affected by the Tax Increment Districts involved
due to interest savings resulting from refunding of the issue .
We will inform you of the substantial amount of reduction in
project costs resulting from the refunding when that information'
is available.
In addition , the City proposes to adopt the Tax Increment
Financing Plan for proposed Tax Increment District No . 5 at the
same time the above modifications are made . Therefore , we re-
quest that you review the enclosed proposed Tax Increment Financ-
ing Plan for the proposed Tax Increment District No . 5 . The
tax increments accruing from the proposed Tax Increment District
No. 5 will be directed toward the retirement of outstanding bonds
issued to cover presently existing project costs . Inasmuch as
proposed Tax Increment District No . 5 is of limited size and the
tax increments accruing from said district will be used toward
retirement of outstanding bonds , the impact on Independent
School District #287 is minimal .
We invite you to attend the public hearing to be held by the
City Council on May 17 , 1983 , beginning at 7 : 30 p .m. , or to direct
any comments or questions that you may have to my office at City
2 -
Hall or to John Frane , Finance Director , at 937-2262 , extention
#50 .
Thank you for your consideration in reviewing the enclosed
proposal .
Sincerely ,
Carl J . Jullie
City Manager
Enclosures : Modified Development Program and Tax
Increment Financing Plans for Existing
Tax Increment Districts Within Develop-
ment District No . 1
Proposed Tax Increment Financing Plan
for Proposed Tax Increment District No . 5
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Planning Commission Minutes of May 9 , . 1983
up ro ved
bi:obers present: Acting Chairman Virginia Gartner, Hallett , Johannes , Marhula , Schack ,
Torjesen
morJON BY HALLETT , SECONDED BY SCHUCh
MOTION:
Move to affirm that the revised Tax Increment Financing Plan for thF
Major Center Area does conform to the Conprehens i ve Plan f;
development of the City of Eden Prairie.
MOTION CARRIED-- 6 -0-0