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RESOLUTION 94-10
RESOLUTION ON THE PROPOSAL TO FORM TAX INCREMENT FINANCING
DISTRICT NO. 2-2 WITIDN DEVELOPMENT DISTRICT NO.2 AND ADOPT
TAX INCREMENT FINANCING PLAN AND CALL FOR CONSULTATION
WITH OTHER AFFECTED JURISDICTIONS AND PUBLIC HEARING
MOTION BY:
WHEREAS,
WHEREAS,
WHEREAS
KEDROWSKI
SECONDED BY: GREENFIELD
a proposal to form Tax Increment Financing District No. 2-2 within Development
District No.2 under the provisions of Minnesota Statutes, Chapter 469 (the "Act"),
and to adopt a tax increment financing plan has been received by the Prior Lake City
Council; and
the Act requires that prior to formation of a tax increment financing district the City
Council shall provide a reasonable opportunity to members of the County Board of
commissioners of the County of Scott and the members of the School Board of
Independent School District No. 719 to meet with the City Council and that the City
Council shall fully inform the members of the County Board and School Board of
the fiscal and economic implications of the proposed tax increment financing
district; and
the Act further requires that prior to the formation of a tax increment financing
district and the adoption of a tax increment financing plan, a public hearing shall be
held thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA,as follows:
1. The City Manager is authorized and directed to make available to the County Board of
Commissioners of Scott County and of the School Board of Independent School District
No. 719 a copy of this resolution, together with a copy of the proposed tax increment
financing plan, and to invite board members to meet with the City Council to discuss said
proposal on the 8th day of March, 1994 at 5 :00 p.m. at the City Hall.
2. A public hearing on said plan will be held at the time and place set forth in the Notice of
Hearing hereto attached and incorporated herein by reference. The City Manager is
authorized and directed to cause said Notice of Hearing to be published in the official
newspaper and, if the official newspaper does not have general circulation, in a
newspaper of general circulation in the City at least once, not less than ten (10) days nor
more than thirty (30) days prior to the date of hearing, and to cause a copy of said notice
to be mailed to Scott County and the School Board of Independent School District No.
719.
4629 Dakota 51. 5.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
Page 2 - Resolution 94-10
Passed and adopted this 22nd day of February, 1994.
YES
Andren
Greenfield
Kedrowski
Scott
Schenck
x
X
X
Absent
X
Andren
Greenfield
Kedrowski
Scott
sChei
I
Frank B
City Ma .
City of Prior Lake
{Seal}
NO