HomeMy WebLinkAbout1996-117
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~ CounciImember Tho 1 e introduced the following resolution, the
reading of which was dispensed with by unanimous consent, and moved its adoption:
RESOLUTION NO.
96-117
RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
PROPOSED MODIFICATION BY THE CITY OF THE
DEVEWPMENT PROGRAM FOR DEVEWPMENT DISTRICT NO.1,
THE MODIFICATION OF THE MODIFIED TAX INCREMENT
FINANCING PLANS RELATING TO TAX INCREMENT FINANCING
DISTRICT NOS. 1 THROUGH 6 AND THE PROPOSED
ESTABLISHMENT OF TAX INCREMENT FINANCING
DISTRICT NO.7 AND THE ADOPTION OF THE TAX
INCREMENT FINANCING PLAN RELATING THERETO, ALL
WCATED WITlDN DEVELOPMENT DISTRICT NO.1
BE IT RESOLVED by the City Council (the "Council") of the City of Stillwater, Minnesota (the
"City"), as follows:
Section 1. Public Hearing. This Council shall meet on Tuesday, June 18, 1996, at
approximately 7:00 p.m., to hold a public hearing on the following matters: (a) the proposed
modification of the Development Program for Development District No.1 (the "Development Program"),
(b) the proposed modification of the ModifIed Tax Increment Financing Plans relating to Tax Increment
Financing District Nos. 1 through 6 located therein (the "Modified Tax Increment Financing Plans"), (c)
the proposed establishment of Tax Increment Financing District No.7, and (d) the adoption of the
proposed Tax Increment Financing Plan relating thereto (the "Tax Increment Financing Plan"), all
pursuant to and in accordance with Minnesota Statutes, Sections 469.124 to 469.134 and 469.174 to
469.179, inclusive, as amended, to reflect an enlargement of Development District No.1 and increased
project costs.
Section 2. Notice of Hearing: Filing of Program. The City Clerk is authorized and directed to
cause notice of the hearing, substantially in the form attached hereto as Exhibit "A", to be given as
required by law, to distribute copies of the proposed Development Program, ModifIed Tax Increment
Financing Plans and Tax Increment Financing Plan (together, the "Plans ") to the Board of Commissioners
of Washington County and the School Board of Independent School District No. 834, to place a copy of
the Plans on file in the City Clerk's OffIce at City Hall and to make such copy available for inspection
by the public no later than May 17, 1996.
The motion for the adoption of the foregoing resolution was duly seconded by Council member
Bea 1 ka , and upon vote being taken thereon, the following voted in favor
thereof: Kimble, Bealka, Cummings, Thole, Zoller
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