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HomeMy WebLinkAbout06-218 16200 Eagle Creek Avenue S.E. Prior Lake, MN 55372-1714 EXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF PRIOR LAKE, MINNESOTA HELD: December 18, 2006 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Prior Lake, Scott County, Minnesota, was duly called and held on the 18th day of December, 2006, at 6:00 p.m. The following members of the Council were present: Dornbush, Erickson, Haugen, LeMair and Millar. and the following were absent: Member Millar introduced the following resolution and moved its adoption: RESOLUTION 06-218 APPROVING THE ESTABLISHMENT OF AND DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO.6 AND THE ESTABLISHMENT OF AND TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT 6-1 WITHIN DEVELOPMENT DISTRICT NO.6 WHEREAS: A. The City of Prior Lake, Minnesota (the "City") has heretofore approved the establishment of and Development Program for Development District No.6 (the "Development Program") and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 (the "Tax Increment Financing Plan") under the provisions of Minnesota Statutes, Sections 469.174 to 469.1799 and Sections 469.124 to 469.134 (the "Act"); and B. The City prepared a notice of a public hearing on the establishment of and Development Program for Development District No. 6 and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 and submitted the notice to the City's official newspaper, however the notice of the hearing was never published, and C. A public hearing on the issuance of revenue bonds for the project covered by the Tax Increment Financing Plan was held on June 5, 2006 and all persons who appeared at the hearing were given an opportunity to express their views with respect to the project. D. Without having discovered the publication error, the City held a public hearing on the establishment of and Development Program for Development District No. 6 and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 on June 26, 2006 and all persons who appeared at the hearing were given an opportunity to express their views with respect to the Development Program and Tax Increment Financing Plan; and 1974928vl www.cityofpriorlake.com Phone 952.447.4230 / Fax 952.447.4245 E. Upon discovering the publication error, the City submitted a notice to the City's official newspaper regarding a public hearing the establishment of and Development Program for Development District No.6 and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 and such notice appeared in the December 2, 2006 edition of the Prior Lake American; and F. The City has held another public hearing on the establishment of and Development Program for Development District No. 6 and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 on the date hereof and all persons who appeared at the hearing were given an opportunity to express their views with respect to the Development Program and Tax Increment Financing Plan; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Prior Lake as follows: 1. The establishment of and Development Program for Development District No.6 and the establishment of and Tax Increment Financing Plan for Tax Increment Financing District 6-1 as approved by the City Council pursuant to Resolution No. 06-105 on June 26, 2006 and as amended pursuant to Resolution No. 06-131 on August 7, 2006 is hereby confirmed and all findings, representations and certifications made by the City Council pursuant to Resolution No. 06-105 and Resolution No. 06-131 are hereby confirmed as if fully incorporated herein. The motion for the adoption of the foregoing resolution was duly seconded by member Dornbush and upon vote being taken thereon, the following voted in favor thereof: Dornbush, Erickson, Haugen, LeMair and Millar and the following voted against the same: none. Adopted by the City council of the City of Prior Lake, Minnesota, this 18th day of December, 2006. y ~J<-- Mayor ATTEST: ~ City" a r. . 1974928vl 2 STATE OF MINNESOTA COUNTY OF SCOTT CITY OF PRIOR LAKE I, the undersigned, being the duly qualified and acting Manager of the City of Prior Lake, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the City Council of said City, duly called and held on the date therein indicated, insofar as such minutes relate to the ratifying the establishment of Development District No. 6 and Tax Increment Financing District 6-1 therein in the City. WITNESS my hand this 18th day of December, 2006. ~ City Manager ~ . 1974928vl 3