HomeMy WebLinkAbout5.a. Change Public Hearing Date to Modify Redevelopment Project No. 1 and Establish Rosemount Business Park TIF DistrictCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: FEBRUARY 6, 1996
AGENDA ITEM: Change Public Hearing Date to Modify
Redevelopment Project and the Creation of the Business Park TIF
AGENDA SECTION:
O l d Business
PREPARED BY: Dan Rogness bz
AGENDA M
#5
Community Development Director'
"
ATTACHMENTS: Resolution; Notice of Public Hearing; Map of
APPROVED BY:
TIF Distri ct; Review Schedule
N
Although this was approved for March 5, 1996, at the January 16, 1996, City Council meeting, it was discovered
that the Minnesota Caucus will be held March 5th and legislation prevents holding any public meetings that entire
evening. Council has before them this evening another consent item which will change the regular March 5th,
1996, City Council meeting to Monday, March 4th, 1996, at 7:30 p.m.
I recommend that the resolution passed on January 16th be rescinded and the date of the public hearing be
changed to March 4, 1996, at 8:00 p.m. by the approval of the attached resolution. Nothing else was changed
on the resolution other than the public hearing date.
RECOMMENDED ACTION: MOTION to rescind Resolution 1996 -09 as approved on January 16, 1996
and; MOTION to approve A RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY
ON THE MODIFICATION OF THE REDEVELOPMENT PLAN FOR ITS REDEVELOPMENT
PROJECT AND THE CREATION OF THE ROSEMOUNT BUSINESS PARK TAX INCREMENT
FINANCING DISTRICT.
COUNCIL ACTION:
CITY OF ROSEMOUNT, MINNESOTA
RESOLUTION NO.
RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY
ON THE MODIFICATION OF THE REDEVELOPMENT PLAN FOR ITS
REDEVELOPMENT PROJECT AND THE CREATION OF THE
ROSEMOUNT BUSINESS PARK TAX INCREMENT FINANCING
DISTRICT.
BE IT RESOLVED by the City Council (the "Council ") of the City of Rosemount, Minnesota
(the "City "), as follows:.
Section 1. Public Hearing, This Council shall meet on Monday, March 4, 1996, at
approximately 8:00 p.m., to hold a public hearing on the proposed modification of its
Redevelopment Project and the creation of the Rosemount Business Park Tax Increment Financing
District (an economic development district), all pursuant to and in accordance with Minnesota
Statutes, Sections 469.174 to 469.179, inclusive, as amended, in an effort to encourage the
development and redevelopment of certain designated areas within the City; and
Section 2. Notice of Hearing; Filing of Program Staff is authorized and directed to
modify the Redevelopment Plan and create the Tax Increment Financing Plan (the "Plans ") and
to forward documents to the appropriate taxing jurisdictions including Dakota County and
Independent School District No. 196. The City Clerk is authorized and directed to cause notice
of the hearing, substantially in the form attached hereto as Exhibit A, together with an appropriate
map as required by law, to be published in the official newspaper of the City not later than 10
days prior to March 4, 1996 and to place a copy of the Plans on file in the Clerk's Office at City
Hall and to make such copy available for inspection by the public.
ADOPTED this of 1996.
ATTEST:
Susan M. Walsh, City Clerk
Motion by: _
Voted in favor:
Voted against:
Mayor
Seconded by:
NOTICE OF PUBLIC HEARING
CITY OF ROSEMOUNT
COUNTY OF DAKOTA
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council (the "Council") of the City of
Rosemount, County of Dakota, State of Minnesota, will hold a public hearing on March 4, 1996, at
approximately 8:00 p.m. in the City Council Chambers in the Rosemount City Hall, 2875 145th Street
West, Rosemount, Minnesota, relating to the modification of its Redevelopment Project and the
establishment of the Rosemount Business Park Tax Increment Financing District (an economic
development district) and the approval and adoption of a modified Redevelopment Plan and a Tax
Increment Financing Plan (collectively, the "Plans ") relating thereto, pursuant to Minnesota Statutes,
Sections 469.001 through 469.047 and Minnesota Statutes, Sections 469.174 to 469.179, inclusive,
as amended. Copies of the Plans are on file and available for public inspection at the office of the
Community Development Director at City Hall.
The Rosemount Business Park Tax Increment Financing District encompasses all property and
adjacent and interior roads and rights -of -way as found on the attached map and indicated by parcel
identification numbers and general descriptions below:
PID #34- 64550- 010 -00 and PID #34- 64550- 010 -01, generally described
as an 80 -acre site at the southwest intersection of CSAH 42 and Biscayne
Avenue.
Subject to certain limitations, tax increment from the Rosemount Business Park Tax Increment
Financing District may be spent on eligible uses within the boundaries of its Redevelopment Project
as shown on the attached map.
All interested persons may appear at the hearing and present their views orally or prior to the meeting
in writing.
Dated , 1996
BY ORDER OF THE CITY COUNCIL OF
THE CITY OF ROSEMOUNT, MINNESOTA
City Clerk
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