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HomeMy WebLinkAboutResolution - 2005-144 - Rescinding Resolution No. 2005- 131 - 12/13/2005 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2005-144 RESOLUTION RESCINDING RESOLUTION NO. 2005- 131 CALLING FOR A PUBLIC HEARING ON APPROVAL OF A PROJECT PLAN FOR REDEVELOPMENT PROJECT AREA NO.6 (UNITED PROPERTIES REDEVELOPMENT PROJECT) IN THE CITY OF EDEN PRAIRIE AND ON APPROVAL OF A TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING(REDEVELOPMENT) DISTRICT NO. 20 WHEREAS, on November 1, 2005, the City Council passed Resolution No. 2005-131 regarding the Eden Prairie Housing and Redevelopment Authority's (the Authority) preparation and presentation to the City for approval, of a redevelopment plan, as defined in Minnesota Statutes, Section 469.002, subdivision 16, designated as the Project Plan (the Project Plan) for Redevelopment Project Area No.6 (the Project Area), and of a redevelopment project to be undertaken pursuant thereto, as defined in Minnesota Statutes, Section 469.002, subdivision 14 (the Redevelopment Project). WHEREAS, Resolution No. 2005-131 further resolved that in order to finance the public redevelopment costs to be incurred in connection with the Project Plan and the Redevelopment Project, the Authority 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 (Redevelopment) District No. 20 within the Project Area. The Resolution proposed that the Board of Commissioners of the Authority and the City Council approve the Project Plan and Financing Plan, and that this Council hold a public hearing on the Project Plan and Financing Plan as required by Minnesota Statutes, Sections 469.028 and 469.175, subdivision 3. WHEREAS, Resolution No. 2005-131 resolved that a public hearing was to be held regarding the Project Plan and Financing Plan at 7:00 p.m. on Tuesday, December 20, 2005, at the Eden Prairie City Hall, 8080 Mitchell Road, Eden Prairie, Minnesota and directed the City Clerk to cause notice of such public hearing to be published in the official newspaper of the City not less than 10 days or more than thirty(30) 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. WHEREAS, the City now desires to rescind Resolution No. 2005-131 repealing the direction to conduct a public hearing on December 20, 2005 and directing City Staff to set a public hearing at a future date in accordance with Minnesota Statutes. BE IT RESOLVED by the City Council of the City of Eden Prairie, Minnesota(the City), as follows: I. Resolution 2005-131 is hereby repealed; and 2. A public hearing date regarding both the Project Plan and Financing Plan shall be scheduled at a future date in accordance with Minnesota Statutes. ADOPTED by the City Council of the City of Eden Prairie, Minnesota this 13th day of December, 2005. 6anc4yra- e ayor ATTEST: Kathleen/Porta, City Clerk