HomeMy WebLinkAboutResolution - HRA 81-02 - Termination of Redevelopment District, Projects and TIF Plan - 06/02/1981 4
HOUSING AND REDEVELOPMENT AUTHORITY
• • IN AND FOR THE CITY OF EDEN PRAIRIE
CITY OF EDEN PRAIRIE
COUNTY OF HENNEPIN
STATE OF MINNESOTA
HRA
RESOLUTION NO. .j_02
RESOLUTION CONCERNING TERMINATION OF REDEVELOPMENT
DISTRICT• AND REDEVELOPMENT PROJECTS AND THE
• TERMINATION OF THE REDEVELOPMENT PLAN AND TAX
INCREMENT FINANCING PLAN RELATING THERETO
WHEREAS, the Commissioners of the Housing and Redevelopment
Authority in and for the City of Eden Prairie, Minnesota, did on
September 2 , 1980, approve the• creation of a Redevelopment
District and Redevelopment -Projects and approve the Eden Prairie .
(Development) Redevelopment Plan and the Tax Increment Financing *
Plan (collectively, the "Plan") for such Redevelopment District
and Redevelopment Projects, all pursuant to Minnesota Statutes,
Chapter 462, as amended, and Minnesota Statutes, Sections 273. 71
to 273. 78, inclusive, as amended; and
WHEREAS, the City Council (the "Council") of the City of
Eden Prairie, Minnesota. •(the "City") , did on October 7, 1980"
adopt Resolution No. R80-188 approving the creation of a Redevelop-
ment District and Redevelopment Projects and the approval of the
Eden Prairie (Development) Redevelopment Plan and the Tax
Increment Financing Plan (collectively, the "Plan") for such
Redevelopment District and Redevelopment Projects, all pursuant
to Minnesota Statutes, Chapter 462, as amended, and Minnesota
Statutes, Sections 273.71 to 273.78, inclusive, as amended; and
WHEREAS, certain members of the Legislature of the State
of Minnesota .have expressed concern with certain elements of
the Plah; and
WHEREAS, the Plan has been legally challenged in Hennepin
County District Court; and
WHEREAS, the Board of Commissioners of the County of Hennepin
has requested that the City discontinue its Redevelopment Tax
Increment District and prepare a plan for an Economic Development
Tax Increment District as soon as possible and submit such plan
to the Board of Commissioners as provided by Minnesota Statutes,
Section 273. 74, Subdivision 2; and
WHEREAS, _ the Council deems it advisable, in order to
expedite the construction and financing thereof of the public
improvements outlined in the Plan, to create a Development
District and approve an Economic Development District and a
new development plan and tax increment financing plan in
connection therewith,. all pursuant to and in accordance with
Minnesota Statutes, Chapter 472A, as amended, and Minnesota
. Statutes, Sections 273.71 to 273.78, inclusive, as amended;
and
WHEREAS, the Cormmissioners deem it advisable to terminate
the Redevelopment District and Redevelopment Projects and the
Plan relating thereto.
BE IT RESOLVED by the Commissioners of the Housing and
Redevelopment Authority in and for the City of Eden Prairie,
Minnesota, that:
Section 1. Termination. The Redevelopment District and
Redevelopment Projects and the -Eden Prairie (Development)
Redevelopment Plan and Tax Increment Financing Plan (attached
as Exhibit A hereto and hereby made a part hereof) relating
thereto, approved on September 2 , 1980, by the Commissioners,
are all hereby terminated and such termination is hereby
approved.
Adopted by the Commissioners of the Housing and Redevelopment
Authority in and for the• City of Eden Prairie, Minnesota, on
, 1981.
Tairman
ATTEST:
L- 10Z6
Secr ary