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HomeMy WebLinkAboutCity Council Resolution 1988-227CITY 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 the 4th day of April , 1988. The following members were present: Mayor Schneider, 6uncilmembers Vasiliou, Ricker Zitur and Sisk e following members were absent: Wne Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION NO. 88-227 ORDERING A PUBLIC HEARING ON THE ESTABLISHMENT OF AN ECONOMIC DEVELOPMENT DISTRICT AND A TAX INCREMENT FINANCING DISTRICT PURSUANT TO MINNESOTA STATUTES, CHAPTER 469 WHEREAS, the City Manager, in a report dated March 30, 1988, recommended that the City Council consider establishing Economic Development District No. 6 and Tax Increment Financing District No. 6-1; and WHEREAS, the City Council, on April 4, 1988, reviewed the City Manager's report and noted that the creation of such a development district and tax increment financing district would assist in achieving certain public objectives; and WHEREAS, the City Council finds and determines that an essential first -step in the establishment of proposed Economic Development District No. 6 and Tax Increment Financing District 6-1 requires the establishment of the development program for Municipal Development District No. 6. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the City Council shall meet at 7:30 p.m. Monday, April 18, 1988 for the purpose of conducting a public hearing on the establishment of the Development Program for Municipal Development District No. 6 and the establishment of a Tax Increment Financing District No. 6-1 pursuant to Minnesota Statutes, Chapter 469; and FURTHER, that the City Clerk is hereby authorized and directed to publish a notice of said hearing in substantially the form of the notice attached hereto as Exhibit A. The motion for adoption of the foregoing Resolution was duly seconded by Councilmember Sisk , and upon vote being taken thereon, the following vote n favor thereof: ayor Schneider, Councllmembers Vasiliou, Ricker. Zitur and Sisk The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted. R/4/6 NOTICE OF PUBLIC HEARING CITY OF PLYMOUTH, MINNESOTA NOTICE IS HEREBY GIVEN that the City Council of the City of Plymouth, Minnesota, will meet at 7:30 p.m. on Monday, April 18, 1988 In the Council Chambers in the Plymouth City Center, 3400 Plymouth Boulevard, Plymouth, Minnesota, to conduct a public hearing on the establishment of the Development Program for Municipal Development District No. 6, establishment of an Economic Development Tax Increment Financing District No. 6-1 (TIF District), and the approval of a Tax Increment Financing Plan for the TIF District. The TIF District is proposed to be located within Development District No. 6. The general boundaries of the District are as follows: Commencing at the center line of T.H. 55 and County Road 18, thence southerly along said center line to the south city limits; thence westerly along the south City limits to the center line of Pineview Lane; thence northerly along the center line of Pineview Lane to the center line of the northwest quarter of Section 35, Township 118, Range 22; thence easterly along said center line and also the center line of the.northeast quarter of said Section 35 to the southwest corner of the northeast quarter of the northeast quarter of said Section 35; thence northerly along the west line of said northeast quarter of said northeast quarter, Section 35 to the north line of. said, Section 35; thence easterly along said north section line to the northeast corner of Section 35; thence southerly along the east line of said Section 35 to the center line of T.H. 55; thence easterly along said center line to the point of beginning. The legal description of property in the proposed TIF District are as follows: P.I.N. 35-118-22-11-0017, P.I.N. 35-118-22-13-0004, P.I.N. 35-118-22-14-0004, 0015, 0018, 0019 P.I.N. 36-118-22-23-0007, P.I.N. 36-118-22-41-0005, P.I.N. 36-118-22-43-0202, P.I.N. 36-118-22-44-0006, 0018, 0036 0006, 0007, 0008, 0005, 0008, 0009, 0008, 0009, 0010 0006, 0007 0203, 0204 0007, 0008 0009, OOiO, 0011 0010, 0012, 0013, 0014, The establishment of the Development Program, TIF Plan and the TIF District are proposed to be approved, established, and adopted pursuant to Minnesota Statutes, Chapter 469. NOTICE OF PUBLIC HEARING Page 2 Draft copies of the Development Program for the Development District and the TIF Plan will be available for public inspection at the office of the City Clerk after April 4 during normal City business hours. Any person wishing to express a view concerning the Development Program or the proposed TIF Plan, will be heard orally or in writing at the public hearing. BY ORDER OF THE CITY COUNCIL /s/ Laurie Brandt City Clerk Dated: April 4, 1988