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Res. #05-036 - Calling for Public Hearing TIF Dist. #1-6
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Res. #05-036 - Calling for Public Hearing TIF Dist. #1-6
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<br /> <br />tervi{{e <br /> <br />uta6[isfiu[ 1857 <br /> <br />1880 5'I1ain Street . Centervi[{e, 5'I1'N 55038 <br />(651) 429-3232 . Pax.. (651) 429-8629 <br /> <br />CITY OF CENTERVILLE, MINNESOTA <br /> <br />RESOLUTION #05-036 <br /> <br />RESOLUTION CALLING FOR A PUBLIC HEARING ON THE ADOPTION OF A TAX INCREMENT <br />FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-6 <br /> <br />WHEREAS, on September 23, 1987 the City of Centerville (City) established a city development district <br />(Development District No. I) pursuant Minnesota Statutes, Sections 469.124 through 469.134, to promote <br />development and redevelopment within an area of the City which had not been developed to its full potential; and <br /> <br />WHEREAS, the City wishes to create tax increment financing plan (Plan) for TIF District No. 1-6 <br />pursuant Minnesota Statutes, Sections 469.174' through 469.179, as amended, to encourage the redevelopment of a <br />certain designated area in the city and authorize the expenditure of tax increment for certain public improvements. <br /> <br />NOW, THEREFORE, BE IT RESOLVED By the City Council of the City ofCenterville, Minnesota as follows: <br /> <br />The Finance Director is authorized and directed to prepare the Plan for TIF District No. 1-6. <br /> <br />2 . The City Council shall hold a public hearing on the Plan on August 24, 2005, starting at 6:30 p. m. in the <br />Council chambers at city hall. <br /> <br />3 The Finance Director is authorized and directed to prepare a notice of the public hearing and cause the <br />notice to be published in the official newspaper at least 10 days prior to the public hearing. <br /> <br />4 The Finance Director is authorized and directed to transmit a copy of the Plan to the county and school <br />district with a notice of the time and place of the public hearing to be held before the city council. <br /> <br />5 The Finance Director is authorized and directed to take any and all other steps reasonably necessary in <br />order to accomplish these purposes. <br /> <br />Dated: Julv 13, 2005. <br /> <br />L//J!~~:t (J<; Olf4! / <br />Mary Capra, or I <br /> <br />ATTEST: <br /> <br />c-~A!4:J ~~4~ <br /> <br />Teresa Bender, City Clerk <br /> <br />Member~...dO introduced tIle following resolution and moved its adoption: <br /> <br />11.e motion for the adoption of the foregoing resolntion was dnly seconded hy mc~"~~) 7' <br />upon vot.e being taken tIlereon, tIle following voted in favor tIlereof:J ~ <br />'--111~ [~fJAA-/1 &urJeJl ~~n1J6~ C/ftL~; ~) PCUl/l ~~7 <br /> <br />And the following voted against same: <br /> <br />/toM <br /> <br />and <br /> <br />Whereupon said resolution was declared duly passed and adopted. <br />
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