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HomeMy WebLinkAboutCity Council Resolution 1988-2310 CITY OF PLVNOUTH Pursuant to due call and notice thereof, a reqular� meeting of the City Council of the City of Plymouth, Minnesota, was held on the 4th day of �A rail , 1988. The following members were present: Mayor Schnei erg , Zouncilmember— s Vasil fou, Ricker Zitur and Sisk Tfi-e-7ollowlng members were absent: None Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION NO. 88-231 ORDERING A PUBLIC HEARING ON THE ESTABLISHMENT OF AN ECONOMIC DEVELOPMENT TAX INCREMENT FINANCING DISTRICT PURSUANT TO MINNESOTA STATUTES, CHAPTER 469 WHEREAS, the City Manager, in a report dated April 4, 1988, recommended that the City Council consider establishing Economic Development Tax Increment Financing District No. 3-3; and WHEREAS, the City Council, on April 4, 1988, reviewed the City Manager's report and noted that the creation of such a 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 Tax Increment Financing District 3-3 requires modification of the development program for Municipal Development District No. 3. 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 modification of the Development Program for Municipal Development District No. 3 and the establishment of a Tax Increment Financing District No. 3-3 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 Lhe 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 voted In favor thereof: ayor, hneider, Councilmembers Vasiliou, Ricker Zitur and Sisk The fUllowing voted against or abstainedf None Whereupon the Resolution was declared duly passe an a op e 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 modification o' the Development Program for Municipal Development District No. 3, establishment of an Economic Development Tax Increment Financing District No. 3-3 (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. 3. The legal description of property in the proposed TIF District are: P.I.N. 36-118-23-13-0007 P.I.N. 36-118-22-14-0001 P.I.N. 36-118-22-14-0002 P.I.N. 36-118-22-14-0003 P.I.N. 36-118-22-14-0004 P.I.N. 36-118-22-14-0005 P.I.N. 36-118-22-14-0006 P.I.N. 36-118-22-14-0007 P.I.N. 36-118-22-14-0009 P.I.N. 36-118-22-14-0010 P.I.N. 36-118-22-14-0011 P.I.N. 36-118-22-14-0012 P.I.N. 36-118-22-14-0013 P.I.N. 36-118-22-14-0014 P.I.N. 36-118-22-14-0015 P.I.N. 36-116-22-14-0016 P.I.N. 36-118-22-14-0017 P.I.N. 36-118-22-14-0018 P.I.N. 36-118-22-14-0019 P.I.N. 36-118-22-14-0020 P.I.N. 36-118-22-14-0021 P.I.N. 36-118-22-14-0022 P.I.N. 36-118-22-14-0023 The modification 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 10 Page 2 Draft copies of the Development Program for the Development District and the TIF Plan will be available for public inspection in 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