HomeMy WebLinkAboutCity Council Resolution 1982-258CITY OF PLYMOUTH
Pursuant to due call and notice thereof, a regular meeting of the City Council of
the City of Plymouth, Minnesota, was held on tite 7th day of June 1982,
The following members were present: Mayor Dayenuort, Councilmembers Men, Nells,
Srhnailu and Threinen
The following members were absent: none
rrn,nrilmember Neils introduced the following Resolution and moved its
adoption:
RESOLUTION NO. 82-258
RESOLUTION ESTABLISHING DEVELOPMENT DISTRICT NO. 3
PURSUANT TO MINNESOTA STATUTES CHAPTER 472.A
BE IT RESOLVED by the City Council of the City of Plymouth as follows:
1. This Council received a report from the City Manager dated October 23, 1982 and
on October 26, following its review of the report, indicated its general support
for the establishment of a development district and to conduct a tax increment
financing program (the "Program") to finance various public improvements in con-
nection with the proposed Prudential Northwest Business Campus development.
2. This Council has further found and determined by Resolution 82-202 that an essen-
tial first step in the conduct of the Program is the establishment of a Develop-
ment District (The "District") pursuant to Minnesota Statutes, Chapter 472.A (the
"Act") and the adoption of a development program for the District.
3. Pursuant to Resolution 82-202 a public hearing on the establishment of the Dis-
trict was duly called for 7:30 p.m. on this date, and all persons wishing to pre-
sent views on the establishment of the District were afforded an opportunity to
be heard.
4. This Council has heretofore consulted with its City Manager regarding the estab-
lishment of the District, and he has prepared a Development Program for the
District, copies of which have been on file in the city offices for public
inspection.
5. The Development Program has been reviewed by this Council, and it is found and
determined that the Development Program contains the statements of objectives and
policies as required by the Act including:
a. the public facilities to be constructed;
b. the open space to be created;
c, the environmental controls to be applied;
d. the proposed reuse of private property;
e. the proposed operations of the district after the capital
improvements in the District have been completed; and
f. the proposed relocation policy.
Beginning at the intersection of Highway 55 and County Road 18; thence westerly
along Highway 55 to its intersection with the west line of Section 36; thence
northerly along the west line of Section 36 to the Minneapolis Industrial
Railroad; thence easterly along the Minneapolis Industrial Railroad to the east
line of R.L.S. No. 333; thence northerly along the east line of R.L.S. No. 333 to
South Shore Drive; thence northerly along South Shore Drive to 17th Ave. N.;
thence easterly along 17th Ave. N. to County Road 18; thence southerly along
County Road 18 to Highway 55 and the point of beginning. All sections referred
to are in Township 118, Range 22.
7. The Development Program for the District as presented to the Council this date is
approved and adopted in preliminary form.
8. This Council finds and determines that the next essential step in the conduct of
the Program is the establishment of a tax increment financing district within
Development District No. 3 pursuant to the Minnesota Tax Increment Financing Act,
Minnesota Statutes, Sections 273.71 to 273.78. The staff is directed to begin
preparation of a tax increment financing plan for an economic development dis-
trict within Development District No. 3 for consideration by the City Planninq
Commission and this Council.
The motion for adoption of the foregoing Resolution was duly seconded by
Councilmember Threinen , and upon vote being taken thereon, n
following ;Red in favor thereof: Mayor Davenport,. Council members Moen. Neils,
Th
rpiqn ie ng vote aga nst or abstaln none
Whereupon the Resolution was declared duly passed and opt