HomeMy WebLinkAboutResolution - 2006-127 - Calling for Public Hearing to consider establishing a Tax Increment Financing (TIF) Redevelopment District for Solomon’s Town Center Phase I Project - 10/17/2006 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2006-127
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY
COUNCIL ON THE PROPOSED MODIFICATION TO THE
REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT AREA NO.
5 AND THE PROPOSED ESTABLISHMENT OF THE TOWN CENTER
PHASE ONE TAX INCREMENT FINANCING DISTRICT THEREIN,THE
PROPOSED ADOPTION OF A TAX INCREMENT FINANCING PLAN
THEREFOR
BE IT RESOLVED by the City Council(the"Council")for the City of Eden Prairie,Minnesota(the
"City"), as follows:
Section 1. Public Hearing. This Council shall meet on December 19,2006,at approximately
7:00 P.M., to hold a public hearing on the proposed modification to the Redevelopment Plan for
Redevelopment Project Area No. 5,the proposed establishment of the Town Center Phase One Tax
Increment Financing District,therein,(a redevelopment district)and the proposed adoption of a Tax
Increment Financing Plan therefor; all pursuant to and in accordance with Minnesota Statutes,
Sections 469.001 to 469.047, Sections 469.174 to 469.1799, inclusive, as amended, in an effort to
encourage the development and redevelopment of certain designated areas within the City; and
Section 2. Notice of Public Hearing Filing of Redevelopment Plan,and TIF Plan. City staff
is authorized and directed to work with Ehlers &Associates, Inc., to prepare a modification to the
Redevelopment Plan for Redevelopment Project Area No. 5,a Tax Increment Financing Plan for the
Town Center Phase One Tax Increment Financing District and to forward documents to the
appropriate taxing jurisdictions including Hennepin County and Independent School District No.
272. The City Clerk is authorized and directed to cause notice of the hearing, together with an
appropriate map as required by law,to be published at least once in the official newspaper of the City
not later than 10, nor more than 30, days prior to December 19, 2006, and to place a copy of the
modification to the Redevelopment Plan and TIF Plan,on file in the City Clerk's office at City Hall
and to make such copy available for inspection by the public.
ADOPTED by the City Council of the City of Eden Prairie this 17th day of October, 2006.
'N cy a-L ems; IFyor
ATTEST:
Kat een Porta, City Clerk