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HomeMy WebLinkAbout2019-07-24 CC Packet City of Centerville Capital Improvement - Streets 2016 through 2030 Year of Year Age in Planned Last year of Cost Conting. Impr.Impr.overlayper Foot(10%)Street CostImprovementFund Balance StreetFootageSub Total 2019 Special Assessment Projects $ 572,919 Actual Balance Carryover $ 10,000 Assessments (Assumes reduction since no Payment to Water and Sewer FundsInterfund Loan Repayment$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.)2,300Maintenance$ 200,000 General Levy Total-$ 2,300$ 942,919 Total Avail. For this Year Actual Costs$ 2,300 $ (2,300)Cost of This Year's Impr. $ 940,619 Balance at end of Year 2020 Sorel Street 300 BC 1,200 450 540,000 54,000 594,000Full Recon, w/curb Goiffon Road 300 BC 360 450 162,000 16,200 178,200Full Recon, w/curb Heritage Street (E. of CVR) 300 BC 700 450 315,000 31,500 346,500Full Recon, w/curb$ 940,619 Balance Carryover Progress Road (S. of Main) 300 BC 650 450 292,500 29,250 321,750Full Recon, w/curb$ 225,000 Assessments (incl. dwntn) Centerville Road (N. of Main) 199822 300 450 135,000 13,500 148,500Full Recon, w/curb$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 27,000Maintenance$ 200,000 General Levy Total 3,210 $ 1,615,950$ 1,525,619 Total Avail. For this Year Actual Costs$ 1,615,950$ (1,615,950) Cost of This Year's Impr. $ (90,331) Balance at end of Year 2021 650 13 8,450 1,690 10,140 Thin Overlay - Lino Split CostWait due to Rehbein Dirt Pile 21st Ave. (S. of Main to Clearwater B.P.)198437 850 26 22,100 2,210 24,310 Thin Overlay Progress (N. of Main) & Westview199823 1,250 26 32,500 6,500 39,000 Thin Overlay Shad Ave. 200516 2,050 26 53,300 10,660 63,960 Thin Overlay Center Street (W of Dupre)200516 500 26 13,000 2,600 15,600 Thin Overlay Oak Circle200516 475 26 12,350 2,470 14,820 Thin Overlay Tourville Circle200516 1,050 26 27,300 5,460 32,760 Thin Overlay Peltier Circle 200417 1,570 26 40,820 4,082 44,902Length Based on 30' Avg Parking Lot (LaMotte Park)1996 25 870 26 22,620 2,262 24,882Length Based on 30' Avg Parking Lot (City Hall)1991 30 26 1,560 156 1,716Length Based on 30' Avg Parking Lot (McBride Park) 60 200 11 2,200 220 2,420Trail Overlay Trail (Center Oaks 2, south of Center St)2004 17 Trail (SE side Heritage along LaMotte Park) 2004 17 950 11 10,450 1,045 11,495Trail Overlay Trail (Pheasant Marsh 2nd, SE of Dupre)2004 17 550 11 6,050 605 6,655Trail Overlay$ (90,331) Balance Carryover Trail (W side of Hunter's 2nd)2005 16 750 11 8,250 825 9,075Trail Overlay$ 70,000 Assessments Trail (W of Beaver Pond Way - Hunter's 3rd)2006 15 220 11 2,420 242 2,662Trail Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 28,000Maintenance$ 200,000 General Levy Total 11,995 $ 332,397$ 339,669 Total Avail. For this Year Actual Costs$ 332,397$ (332,397) Cost of This Year's Impr. $ 7,272 Balance at end of Year 2022 Dupre (in Hunters Crossing)2005 17 950 27 25,650 5,130 30,780 Thin Overlay - Hunter's Xing Widgeon Circle2005 17 450 27 12,150 2,430 14,580 Thin Overlay - Hunter's Xing Beaver Pond Way (Hunter's 2nd)2005 17 700 27 18,900 3,780 22,680 Thin Overlay - Hunter's Xing Beaver Pond Way (Hunter's 3rd)2007 15 1,400 27 37,800 7,560 45,360 Thin Overlay - Hunter's Xing Hunters Ridge Lane200715 1,400 27 37,800 7,560 45,360 Thin Overlay - Hunter's Xing Dupre Road (in Pheasant Marsh)200517 3,350 27 90,450 18,090 108,540Thin Overlay - Phsnt Marsh Partridge Place 200715 2,150 27 58,050 11,610 69,660 Thin Overlay - Phsnt Marsh Grouse Hollow200517 400 27 10,800 2,160 12,960 Thin Overlay - Phsnt Marsh Mallard Way200517 700 27 18,900 3,780 22,680 Thin Overlay - Phsnt Marsh$ 7,272 Balance Carryover Pheasant Lane200517 500 27 13,500 2,700 16,200 Thin Overlay - Phsnt Marsh$ 70,000 Assessments Brian (S of Main to Clearwater Creek)200616 650 27 17,550 3,510 21,060 Thin Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 29,000Maintenance$ 200,000 General Levy Total 12,650 $ 438,860$ 437,272 Total Avail. For this Year Actual Costs$ 438,860$ (438,860) Cost of This Year's Impr. $ (1,588)Balance at end of Year 2023 Trail (Pheasant Marsh 3rd, S & E side) 2007 16 1,98012 23,760 2,376 26,136Trail Overlay Commerce Drive200716 1,300 28 36,400 7,280 43,680 Thin Overlay 21st Ave. (Clearwater Business Park)200716 650 14 9,100 1,820 10,920 Thin Overlay - Lino Split Cost LaMotte Drive200518 1,175 28 32,900 6,580 39,480 Thin Overlay Heritage (W of Centerville Rd)200518 700 28 19,600 3,920 23,520 Thin Overlay Trail (Brian Way to Robin Lane W)2009 14 27512 3,300 330 3,630Trail Overlay$ (1,588)Balance Carryover Trail (S side Main St)2007 16 5,44012 65,280 6,528 71,808Trail Overlay$ 70,000 Assessments Trail (N side Main St)2007 16 71012 8,520 852 9,372Trail Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 29,000Maintenance$ 200,000 General Levy Total 12,230 $ 257,546$ 428,412 Total Avail. For this Year Actual Costs$ 257,546$ (257,546) Cost of This Year's Impr. $ 170,866 Balance at end of Year 2024 Prairie Drive200915 1,350 29 39,150 7,830 46,980 Thin Overlay Old Mill Road (Hanzal Development)200816 600 27 16,200 3,240 19,440 Thin Overlay Brian Drive N of Main200915 3,600 29 104,400 20,880 125,280Thin Overlay 73rd E of Quebec200915 1,300 29 37,700 7,540 45,240 Thin Overlay Brian Way200915 1,000 29 29,000 5,800 34,800 Thin Overlay Fox Run E of Peterson200915 1,450 29 42,050 8,410 50,460 Thin Overlay$ 170,866 Balance Carryover Unity Ave.200915 950 29 27,550 5,510 33,060 Thin Overlay$ 75,000 Assessments Clearwater Drive200915 600 29 17,400 3,480 20,880 Thin Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 30,000Maintenance$ 200,000 General Levy Total 5,300 $ 406,140$ 605,866 Total Avail. For this Year Actual Costs$ 406,140$ (406,140) Cost of This Year's Impr. $ 199,726 Balance at end of Year 2025 Centerville Road (N of Lakeland Cir)200916 850 30 25,500 5,100 30,600 Thin Overlay Peterson Trail (N of Fox Run)200916 800 30 24,000 4,800 28,800 Thin Overlay Peltier Lake Drive200916 3,700 30 111,000 22,200 133,200Thin Overlay Trail (N. Side of LaMotte Park)2010 15 1,27012 15,240 1,524 16,764Trail Overlay Trail (N-S in middle of LaMotte Park)2010 15 34012 4,080 408 4,488Trail Overlay Trail (S side Heritage, W of Centerville Rd)2010 15 36012 4,320 432 4,752Trail Overlay Trail (Heritage to Sorel, W of CV Rd)2010 15 29012 3,480 348 3,828Trail Overlay Trail (Sorel to Main, W of CV Rd)2010 15 33012 3,960 396 4,356Trail Overlay Trail (S side Sorel, W of Main)2010 15 20012 2,400 240 2,640Trail Overlay Trail (S side Sorel, Main to Dupre)2010 15 76012 9,120 912 10,032Trail Overlay Trail (E side CV Rd, N of Main)2010 15 24512 2,940 294 3,234Trail Overlay Trail (W of LaMotte Parking Lot)2010 15 18012 2,160 216 2,376Trail Overlay Trail (Center Villa 2nd, Eagle Tr to 20th)2010 15 55012 6,600 660 7,260Trail Overlay Trail (W side 20th)2010 15 2,49012 29,880 2,988 32,868Trail Overlay Trail (S side of Center Oaks 2)2010 15 1,25012 15,000 1,500 16,500Trail Overlay$ 199,726 Balance Carryover Trail (W side of Brian Dr, S of Main)2010 15 73512 8,820 882 9,702Trail Overlay$ 75,000 Assessments Trail (Mill Road)2010 15 2,39012 28,680 2,868 31,548Trail Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 31,000Maintenance$ 200,000 General Levy Total 16,740 $ 373,948$ 634,726 Total Avail. For this Year Actual Costs$ 373,948$ (373,948) Cost of This Year's Impr. $ 260,778 Balance at end of Year 2026 Graingeview200917 500 31 15,500 3,100 18,600 Thin Overlay Twin Lakes Ave200917 725 31 22,475 4,495 26,970 Thin Overlay 72nd Street 200917 1,050 31 32,550 6,510 39,060 Thin Overlay 72 1/2 Street200917 475 31 14,725 2,945 17,670 Thin Overlay$ 260,778 Balance Carryover Fox Run (W of Peterson)201313 550 31 17,050 3,410 20,460 Thin Overlay$ 75,000 Assessments Clear Ridge200917 1,500 31 46,500 9,300 55,800 Thin Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 32,000Maintenance$ 200,000 General Levy Total 4,800 $ 210,560$ 695,778 Total Avail. For this Year Actual Costs$ 210,560$ (210,560)Cost of This Year's Impr. $ 485,218 Balance at end of Year 2027 $ 485,218 Balance Carryover $ 80,000 Assessments $ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 33,000Maintenance$ 200,000 General Levy Total -$ 33,000$ 925,218 Total Avail. For this Year Actual Costs$ 33,000$ (33,000) Cost of This Year's Impr. $ 892,218 Balance at end of Year 2028 Hayfield Road201315 700 32 22,400 2,240 24,640 Thin Overlay Peterson Trail201315 1,300 32 41,600 4,160 45,760 Thin Overlay Houle Circle201315 550 32 17,600 1,760 19,360 Thin Overlay Center Street E. of Dupre201315 1,900 32 60,800 6,080 66,880 Thin Overlay Ivy Court201315 300 32 9,600 960 10,560 Thin Overlay Sumac Court201315 300 32 9,600 960 10,560 Thin Overlay 73rd (Mill to Brian)201414 1,300 32 41,600 4,160 45,760 Quebec201414 1,050 32 33,600 3,360 36,960 Old Mill Road (Quebec to Hanzal Dev.)201414 900 32 28,800 2,880 31,680 $ 892,218 Balance Carryover Lakeland Circle (Main to Centerville Road)201414 1,850 32 59,200 5,920 65,120 $ 80,000 Assessments Lakeland Circle (Centerville Rd to Main)201414 850 32 27,200 2,720 29,920 Thin Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 34,000Maintenance$ 200,000 General Levy Total 5,950 $ 421,200$ 1,332,218 Total Avail. For this Year Actual Costs$ 421,200$ (421,200)Cost of This Year's Impr. $ 911,018 Balance at end of Year 2029 Dupre in Eagle Pass (Voyager to Portage)201415 950 33 31,350 3,135 34,485 Meadow Lane201415 1,250 33 41,250 4,125 45,375 Deer Pass Drive201415 1,000 33 33,000 3,300 36,300 Pioneer Lane201415 400 33 13,200 1,320 14,520 Steven Lane201415 475 33 15,675 1,568 17,243 Revoir201415 1,200 33 39,600 3,960 43,560 $ 911,018 Balance Carryover Brian Court201415 500 33 16,500 1,650 18,150 $ 80,000 Assessments Old Mill Road (73rd to Quebec)201415 400 33 13,200 1,320 14,520 $ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 35,000Maintenance$ 200,000 General Levy Total 6,175 $ 259,153$ 1,351,018 Total Avail. For this Year Actual Costs$ 259,153$ (259,153) Cost of This Year's Impr. $ 1,091,866 Balance at end of Year 2030 Eagle Trail201515 3,900 34 132,600 13,260 145,860 Portage Way 201515 450 34 15,300 3,060 18,360 Brian Dr. (S of Clearwater Creek)201515 1,030 34 35,020 7,004 42,024 Dupre (in Eagle Pass)201515 1,650 34 56,100 11,220 67,320 21st Ave. (N. of Main)201515 1,250 17 21,250 4,250 25,500 Thin Overlay - Lino Split Cost$ 1,091,866 Balance Carryover Trail (Parkview, Meadow Ct to Dupre)201614 750 14 10,500 1,050 11,550Trail Overlay$ 80,000 Assessments Trail (E side of Centerville Road)201515 3,600 14 50,400 5,040 55,440Trail Overlay$ 160,000 Franchise Fees Annual Maintenance (Crack Filling, etc.) 36,000Maintenance$ 200,000 General Levy Total 12,630 $ 402,054$ 1,531,866 Total Avail. For this Year Actual Costs$ 402,054$ (402,054) Cost of This Year's Impr. $ 1,129,812 Balance at end of Year 2031 21st. Ave. (S. of Commerce Dr.)201713 2,300 17.5 40,250 4,025 44,275 Thin Overlay - Lino Split Cost $ 1,129,812 $ 80,000 $ 160,000 Annual Maintenance (Crack Filling, etc.) 36,000Maintenance$ 200,000 Total 2,300 $ 80,275$ 1,569,812 Actual Costs$ 80,275$ (80,275) $ 1,489,537 4. National Domestic Violence Awareness Month National Domestic Violence Awareness Month 6/12/2019 Administration VIII.1 Tax Increment Financing District Since the city council and EDA elected to work with Trident Development on the Block 7 redevelopment, staff and consultants have been negotiating the framework of a project financing plan with them. At this point, staff, consultants and the developer are ready to present that proposed plan to the City Council. Attached, is a memo, from our fiscal consultant, explaining the Tax Increment Financing district on which the plan would rely. Also attached is a proposed schedule for the creation of that district and a resolution calling for the necessary public hearing. There is still plenty of work to be done in negotiating the design of the building and site, but beginning this process allows us to establish what project funds would be available to work with. $1.3 Million over 20 years, collected as Tax Increment and paid on a "pay-go" basis Motion to adopt resolution 19-0XX, calling for a public hearing on the establishment of TIF District 1-8. Staff Memo, schedule ESBGUNFNPSBOEVN Up; CityofCenterville Gspn; TammyOmdal Ebuf; July11,2019 TaxIncrementFinancing(TIF)AssistanceforHousingProject Sf; TheCityhasreceivedarequestforfinancialassistancefromTridentDevelopment,LLC(the “Developer”)fortheproposedconstructionofmultifamilydevelopmentconsistingofapproximately 53housingunitswithinathree-storybuilding,witharetailcomponent,withsurfaceparkingspaces plusdetachedgaragebays(the“Project”).TheProjectisproposedtobemarketratewithan affordablecomponent.TheproposedsiteisonvacantlandownedbytheCitylocatedatCenterville RoadbetweenSorelStreetandHeritageStreet. BasedonainformationprovidedbytheDeveloperandfinancialanalysiscompletedbyNorthland PublicFinance,wehavedeterminedthattheProjecthasademonstratedfinancialgap.TheCityhas theoptiontoconsidertheestablishmentofahousingtaxincrementfinancing(TIF)districttoprovide financialassistancetotheProject.TheProjectwillnotmeettherequirementsforestablishmentof anyothertypeoftaxincrementdistrictallowedbyStatelaw.TheCityhastheauthoritytoestablish ahousingTIFdistrictforaprojectintendedforoccupancy,inpart,bypersonsorfamiliesoflowand moderateincome.TheDeveloperisproposingthat20%oftheunits,or11units,forthelifeoftheTIF districtwillbeoccupiedbyincomequalifiedtenantsthathaveincomesatorbelow50%ofthearea- widemedianincome.Asanexample,thisincomelevelis$50,000forthecurrentyear. Toassistwiththefinancialgap,theDeveloperisrequesting$1,300,000inreimbursementofland acquisitionandextraordinarysiteimprovementcostsfromtaxincrementfinancing(TIF)onapay-go basis.With“pay-go”assistance,theDeveloperandtheCitywoulddeterminethecoststhatqualify forpublicreimbursementandthenenterintoadevelopmentagreement.TheDeveloperthenwould spenditsownmoneyorborrowsmoneyfromabanktofinancetheupfrontcostsoftheland acquisitionandsiteimprovements.TheDeveloperwouldprovideevidenceofthesecoststotheCity andthentheCitywouldissueaTIFrevenuenotetoreimbursethesecosts.Thistypeof“pay-go” assistancedoesnotrepresentageneralobligationoftheCity.ATIFrevenuenoteisanobligationto assignfutureanduncertainrevenuesources(taxincrements)and,assuch,isnotactualdebtin substance. 150SouthFifthStreet,Suite3300,Minneapolis,MN55402 Main:(612)851-5900/Direct:(612)851-4964/Email:tomdal@northlandsecurities.com MemberFINRAandSIPC|RegisteredwithSECandMSRB CityofCenterville TIFAssistanceforHousingProject July11,2019 Page 2 FtubcmjtinfoupgbUbyJodsfnfouGjobodjohEjtusjdu TheestablishmentofaTIFdistrictwouldallowfortheCitytocapturetheincreaseinpropertytaxes generatedfromtheProject(the“taxincrements”)foralimitednumberofyears.Basedonthe Developer’srequestforassistance,theCitymaydeterminetolimitthedurationtoamaximumterm of20years(19yearsafterthefirstyearoftaxincrementcollection),whichislessthanthemaximum 26yearsallowedbyStatelaw. Preliminarytermsofassistanceforfurtherconsiderationincludethefollowing: Maximumdurationof20yearsfortheTIFdistrictandassistancetotheDeveloper Reimbursementofamaximumof$1,300,000ofTIFeligibleprojectcosts(estimatedtoinclude $350,000forlandand$950,000forsiteimprovements) EstimatedaverageannualtaxincrementcollectedfromtheProjectforlifeoftheTIFDistrictis approximately$110,000(collectedonsemi-annualbasiswithadvalorempropertytaxes)ora futurevalueofapproximately$2,237,000 Citytoretain5%ofthetaxincrementscollectedtocoveradministrativecostsfortheTIF district ToproceedwithconsiderationoftheDeveloper’srequest,thefirststepistocallforapublichearing andnoticefortheestablishmentoftheTIFdistrict.AwrittenplanfortheproposedTIFdistrictwill bepreparedbyNorthlandanddistributedtotheCountyandSchoolDistrictatleast30-dayspriorto thepublichearingdate.AftertheTIFdistrictisestablished,theCitymayenterintoadevelopment agreementwiththeDeveloperwiththespecifictermsfortaxincrementfinancialassistance.The considerationofaresolutionapprovingadevelopmentagreementmayoccuratthesamemeeting followingthepublichearingandtheapprovalofaresolutionestablishingtheTIFdistrict. PreliminaryforDiscussionPurposesOnly CityofCenterville MunicipalDevelopmentDistrictNo.1 EstablishmentofTaxIncrementFinancingDistrictNo.1-8 HousingTIFDistrict CentervilleApartments PublicHearingonOctober9 July2019 SMTWTFS 123456 78910111213 14151617181920 21222324252627 28293031July24Callforpublichearing August2019 SMTWTFS 123 45678910 11121314151617ByAugust16Developertofinalizeproformaandpreliminaryagreementonproposedassistance 18192021222324August23LastdayforwrittennoticetoCountyCommissioner 25262728293031August30DraftTIFPlandistributedtoCitystaffforreview September2019 SMTWTFS 1234567September9LastdayfornoticeandTIFplanandfiscalimplicationstoCountyandSchoolDistrict 891011121314September9Firstdaytopublishhearingnotice 15161718192021September18Lastdaytosubmitnoticetonewspaper(bynoon) 22232425262728September24Actualpublicationdate 2930September29Lastdaytopublishhearingnotice October2019 SMTWTFS 12345 6789101112October9PublichearingandestablishmentofTIFDistrict 13141516171819October9Approvalofdevelopment(TIF)agreement 20212223242526 2728293031October23RequestcertificationbyCounty October23SubmitplantoState June30,2020CertificationofTIFDistrictbythisDate NotestoCalendar: 1.Denotesregularcitycouncilmeetingdates,2ndand4thWednesdayofthemonth. 2.Cityneedstoconfirmpublicationdatesforhearingnoticeandisresponsibleforsubmittingthenoticetothenewspaper. 3.CalendarprovidesfortheCityestablishingandadministeringtheTIFDistrict. 4.CitymaydeterminetorequestthePlanningCommissionreviewtheTIFPlanandmakecertainfindings.ThecalendarassumestheCityCouncil willmakethenecessaryfindingsversusthePlanningCommission. CentervilleTIF1-8-HousingDistrict7/11/2019 CITY OF CENTERVILLE ANOKA COUNTY STATE OF MINNESOTA RESOLUTION _____ RESOLUTION CALLING PUBLIC HEARING ON THE PROPOSED MODIFICATION OF DEVELOPMENT DISTRICT NO. 1 AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-8 WITHIN THE DEVELOPMENT DISTRICT AND THE ADOPTION OF THE MODIFIED DEVELOPMENT PROGRAM AND THE ADOPTION OF THE TAX INCREMENT FINANCING PLAN RELATING TO THERETO BE IT RESOLVED by the City Council (the "Council") of the City of Centerville, Minnesota (the "City"), as follows: 1. Public Hearing. This Council shall meet on Wednesday, October 9, 2019, at approximately 6:30 p.m., to hold a public hearing on the following proposed matters: (a) the modification of Development District No. 1 (the “Development District”); (b) the establishment of Tax Increment Financing District No. 1-8 (the “TIF District”) within the Development District; (c) the adoption of the Modified Development Program for the Development District; and (d) the adoption of the Tax Increment Financing Plan relating to the TIF District (the “TIF Plan”) all pursuant to Minnesota Statutes, Sections 469.124 through 469.133 and Minnesota Statutes, Sections 469.174 through 469.1794, both inclusive, as amended (the "Act”). 2. Preparation of Plans. City staff and the financial consultant to the City are authorized and directed to take all other steps necessary to prepare the TIF Plan and related documents and to undertake other actions necessary to bring the TIF Plan before the Council. 3.Notice of Hearing; Filing of Program and Plan. The City Clerk is hereby authorized to cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be published as required by the Act and to place a copy of the Development Program, and the proposed Tax Increment Financing Plan on file in the City Clerk’s Office at City Hall and to make such copies available for inspection by the public. 4. Consultation with Other Taxing Jurisdictions. The financial consultant to the City on behalf of the City Clerk to the City is hereby directed to mail a notice of the public hearing and a copy of the proposed Development Program and the proposed Tax Increment Financing Plan to Anoka County and Independent School District No. 12informing those taxing jurisdictions of the estimated fiscal and economic impact of the establishment of the proposed TIF District. th Adopted by the City Council of the City of Centerville, Minnesota, this 24 day of July, 2019. _______________________________ Mayor ATTEST: _______________________________ City Clerk CITY CLERK’S CERTIFICATE I, the undersigned, being the duly qualified and acting City Clerk of the City of Centerville, Minnesota (the "City"), DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the City Council of the City, duly called and held on the date therein indicated, insofar as such minutes relate to the calling of a public hearing on the proposal for modificationof Development District No. 1,establishment of Tax Increment Financing District No. 1-8 within the Development District; adoption of the Modified Development Program for the Development District; and adoption of the Tax Increment Financing Plan relating to the TIF District. WITNESS my hand this ____ day of _______________, 2019. __________________________________ City Clerk Centerville, Minnesota CITY OF CENTERVILLE COUNTY OF ANOKA STATE OF MINNESOTA NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the City Council (the "Council") of the City of Centerville, Anoka County, Minnesota, will hold a public hearing on Wednesday, October 9, 2019, at approximately 6:30 p.m., at the Centerville City Hall, in the City of Centerville, Minnesota, relating to the proposed modification of Development District No. 1, adoption of the Modified Development Plan for Development District No. 1, establishment of Tax Increment Financing District No. 1-8 within the Development District, and the adoption of a Tax Increment Financing Plan relating to thereto, pursuant to Minnesota Statutes, Sections 469.124 through 469.133, both inclusive, as amended and Minnesota Statutes, Sections 469.174 through 469.1794, both inclusive, as amended (collectively, the “Act”). Copies of the proposed Development Plan, and the proposed Tax Increment Financing Plan will be on file and available for public inspection at the office of the City Clerk at City Hall. The property proposed to be included within Development District No. 1 is described in the proposed Modified Development Plan on file in the office of the City Clerk. The property proposed to be included within Tax Increment Financing District No. 1-8 is described in the Tax Increment Financing Plan on file in the office of the City Clerk. The boundaries of Development District No. 1 and Tax Increment Financing District No. 1-8 are shown in the adjacent map. \[Map to be prepared by City and inserted here.\] All interested persons may appear at the hearing and present their views orally or in writing prior to the hearing to City Hall, 1880 Main Street, Centerville, MN 55038. BY ORDER OF THE CITY COUNCIL /s/ City Clerk \[to be published no earlier than September 9, 2019 and no later than September 29, 2019\]