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CITY OF PRIOR LAKE
RES0LU`T -h0N 35
MOTION BY' soon SECONDED rBYs Huse
RESOLUTION ON THE PROPOSAL, TO FORM A DEVELOPMENT D1STRfC ,., TAX
INCREMENT FINANCING DISTRICT WITHIN THE DEVELOPMENT DISTRICT AND` AboPT
DEVELOPMENT PROGRAM AND TAX INCREMENT FINANCING PLAN AND CALLING FO\R
CONSULTATION WITH OTHER AFFECTED JURISDICTIONS AND PUBLIC HEARING
WHEREASs a proposal to form a development district and a .tax ,increment financing
district „ within the proposed development district under the provisions of
Minnesota Statutes, Section 273.71 to 273.73 and Chapter e72A (collectively
the "Act") and to adopt a development program and tax increment' financing
plan has been received by the City Council, and"
' WHEREASi, the Act requires that prior to formation of a development district and tax
t 'increment financing district the City Council shall provide a reasonable
opportunity to members of the County Board of Commissioners of the County
i
of Scott and the members ot the School Board of Independent School District
Nip. 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 development district and tax increment``
financing district, and
*4 REAS: the Act further requires that Olor' to the formation of a development district,
�\.` a t ax Increment financing district and adoption of w
a delti'pment,,program and
a tax increment financing plan a public hearing shall be held thereon:
NOW \ uEFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PRIOR'
LAKE, II�INNESOTA:
1, The City Clerk is atithorized, And directed to make ' avallable to the County Board off'','
717 a '
ate` o � this rastolution,,l, ether with a co o of Independent School District No.
,Comml�sldn s of Scott County and of the School B
ncrdment copy f the proposed development district an
tax i d
financing distekt plans, and to invite board members to meet with the Clty
Coo fell to discuss 'aid proposal on the. 18th day of March, 1985 at'AN p.m. at the City
"Notice o� Nearing hereto attached and Mtorated hereineby t ef eh ThttClty CNMc Is
authorised and directed to caui�e 'said Notice of "Hearing to be published in the official �
newspaper and, it the official, newspaper goner rculatlan, �+ , a newspaper
t once not less than 10 days nor more -,ftn 3 a '
pri � ti
the r da e o hearing a a
and to i suse a copy of a�sld notice to be mailed to Scott
County, and the School iibard of indeps� dent School District No. 0,
I
71 I ,
Ne R, MINN�TA Wn ' �0190 M1 d� DAKOTA A
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5" 1 1 1
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CITY OF PRIOR LAKE
RES0LU`T -h0N 35
MOTION BY' soon SECONDED rBYs Huse
RESOLUTION ON THE PROPOSAL, TO FORM A DEVELOPMENT D1STRfC ,., TAX
INCREMENT FINANCING DISTRICT WITHIN THE DEVELOPMENT DISTRICT AND` AboPT
DEVELOPMENT PROGRAM AND TAX INCREMENT FINANCING PLAN AND CALLING FO\R
CONSULTATION WITH OTHER AFFECTED JURISDICTIONS AND PUBLIC HEARING
WHEREASs a proposal to form a development district and a .tax ,increment financing
district „ within the proposed development district under the provisions of
Minnesota Statutes, Section 273.71 to 273.73 and Chapter e72A (collectively
the "Act") and to adopt a development program and tax increment' financing
plan has been received by the City Council, and"
' WHEREASi, the Act requires that prior to formation of a development district and tax
t 'increment financing district the City Council shall provide a reasonable
opportunity to members of the County Board of Commissioners of the County
i
of Scott and the members ot the School Board of Independent School District
Nip. 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 development district and tax increment``
financing district, and
*4 REAS: the Act further requires that Olor' to the formation of a development district,
�\.` a t ax Increment financing district and adoption of w
a delti'pment,,program and
a tax increment financing plan a public hearing shall be held thereon:
NOW \ uEFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PRIOR'
LAKE, II�INNESOTA:
1, The City Clerk is atithorized, And directed to make ' avallable to the County Board off'','
717 a '
ate` o � this rastolution,,l, ether with a co o of Independent School District No.
,Comml�sldn s of Scott County and of the School B
ncrdment copy f the proposed development district an
tax i d
financing distekt plans, and to invite board members to meet with the Clty
Coo fell to discuss 'aid proposal on the. 18th day of March, 1985 at'AN p.m. at the City
"Notice o� Nearing hereto attached and Mtorated hereineby t ef eh ThttClty CNMc Is
authorised and directed to caui�e 'said Notice of "Hearing to be published in the official �
newspaper and, it the official, newspaper goner rculatlan, �+ , a newspaper
t once not less than 10 days nor more -,ftn 3 a '
pri � ti
the r da e o hearing a a
and to i suse a copy of a�sld notice to be mailed to Scott
County, and the School iibard of indeps� dent School District No. 0,
I
71 I ,
Ne R, MINN�TA Wn ' �0190 M1 d� DAKOTA A
, ThrRrt `
h�uN�fwtl4NUF9i, � "w".+a,xwr.+ww+aw.v.,fi�bvn. t '�M � , -: -x nxsgY,' P. i 'i�b�'pNsvx r .�ievwAAyVfkiyte.ve grol' � {MUUy�wA w
..
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._ .... r __ ... r .. -... .._... .. ..
PASSED AND ADOPTED THIS 25th da y of 19
YES NO
1
JOHNSON c
X JOHNSON .,
BUSSe A,
X BUSSE
!r
SCHWEICH
X SCHWEICH
SCOTT,
X
SCOTT
THORKELSON
x THORKELSON
7X�
�.
MICHAEL A. McGUIRE
CITY MANAGER� CITY OF, PRIOR LAKE
(SEPAL)
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