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RESOLUTION 94-37
RESOLUTION ON THE PROPOSAL TO MODIFY DEVELOPMENT DISTRICT NO. 2 AND
FORM TAX INCREMENT FINANCING DISTRICTS NOS. 2-3 AND 2-4 WITHIN
DEVELOPMENT DISTRICT NO. 2 AND ADOPT A DEVELOPMENT PROGRAM AND TAX
INCREMENT FINANCING PLANS AND CALL FOR CONSULTATION WITH OTHER
AFFECTED JURISDICTIONS AND PUBLIC HEARING
MOTION BY:
WHEREAS,
WHEREAS,
WHEREAS,
GREENFIELD
SECONDED BY:
SCHENCK
a proposal to modify Development District No.2, form Tax Increment
Financing Districts Nos. 2-3 and 2-4 within Development District No.2 under
the provisions of Minnesota Statues, chapter 469 (the "Act") and to adopt a
development program and tax increment financing plans has been received
by the City Council; and
the Act requires that prior to modification of a development district and
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 districts; and
the Act further requires that prior to the modification of a development
district, formation of a tax increment financing district and the adoption of a
development program and 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 Clerk 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 development program and tax
increment financing plans, and to invite board members to meet with the
City Council to discuss said proposals on the 1 st day of August, 1994, at
7:45 p.m. at the City Hall.
4629 Dakota St. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
RS94-37
PAGE 2
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 Clerk 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 as least once not less than 10 days nor
more than 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.
Passed and adopted this 5th day of July, 1994.
YES
NO
Andren
Greenfield
Kedrowski
Scott
Schenck
x
X
X
X
X
Andren
Greenfield
Kedrowski
Scott ../,'
SChen~ r;t( /
Frank ~~~is )r~ i .~
City Ma)'I~ger /
City of PrtOrCake
{Seal}
RS9437,WRT