HomeMy WebLinkAbout4.g. Resolution Calling for a Public Hearing of Redevelopment Plan for the Rosemountt Redevelopment Project and Establishment of Tax Increment Financing District No. 1 - 2 and TIF Plan .
CITY OF ROSE�tOUNT
LXF�CIITIVE SUb�+lARY FOR' ACTION
CITY COUNCIL MEETING DATE: NOVEMBER 15, 1994
AGENDA ITEM: RESOLUTION CALLING FOR A PUBLIC AGENDA SECTION:
HEARING OF REDEVELOPMENT PLAN FOR THE
ROSEMOUNT REDEVELOPMENT PROJECT AND ESTABLISH.
OF 3'AX INCREM. FINAN. DIST. N0. 1-2 AND TIF PLAN
PREPARL�D BY: THOMAS D. BURT, AGENDA NO.
CITY ADMINISTRATOR ADD-ON
ATTAC�IENTS: RESOLUTION APPROVSD B •
Attached are copies of the resolution calling for the public hearing for
the proposed creation of a TIF district for the Carlson Tractor site.
RECON�tENDLD ACTION: Motion to approve resolution call for a 'public
hearing on December 20, 1994 for the modification of the Redevelopment
Plan for the Rosemount Redevelopment Project and establishment of the
TIF District 1-2 and a TIF Plan.
COUNCIL ACTION: I
� .
HULIV�S & Gc�tA�EN
��
,�oFx�.�USYt1[. oao r�ur�cso���M��
Attpmey at IsW , Tck9q�{612)33T-9360
�itect Dixt(bx2)337-9228 �t�)33��0
Noveml7ex la, 1994
�ton Wasmund
Tam Burt
City o�' Rosemount
F.O. Bo� �1Q
R�s�mottz�.t, 1VIIV 5506$-Q5].0
Desr Ron and Tom•
Enelased �re the fallowxug:
�._ Gity of �.osemount resolution callin� for a public heax•i.ng ou the
modificati�on of the Redeve3opme�.t PI$.a1 for the Rosemauat
Rede�elapment Pxoject and es*a.bli.shment of the T�F' District Y-2 and s
TIF P1an; and
2. Natice of Public F�eari.ng r+�gard,iu�the cx�atiom of TIF laistriet No. 1-2
a�,d the TTF' P1an.
If yvu have anp q,uestions, please feei fre� t� cbntact me.
Very tr��.ty yours,
,����`���-�-�
Step�xen J. P
,�b��
�nc,
ec: Mark �Tynkelh2�ke, SPringsted
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CITY OF ftt�SEMUUNT
Resalutian No. �
�lESCaLUTION CALLIl�G FQ�i.A PUBY.IC HEARING qN 'I'HE
MODI�'IC�I,TIOI�T OF THE REDE'STELfJPN�ENT P�AN FC?R T�iE
ROSEIVlQUNT xEDEVELOPMENT �'ROJECT AND
ES�'ABLIS�TT OF TAX INCRIIVIENT FIk�TANCING
DISTRICT I+�'C3, 1�2 AND A TIF PLAN THEREFOR
BE IT RESOLVED by the City Council af th� Ci��'y a£ Rosemouz�t, Mirmesots as
follows;
Se�tion 1. I�er•
X.01. The Citg of �t,v�emount {*�CYty") and its Hausing and Redevelopment
Authaxi.ty C"HRA") have previously crc�at�cl the R.os�xnount Redavelapme�at Project
(the "Redeve�.apmeut Froj$c#") in the Cxty �69.(3tl 1 to�4 9�047 and� predeGesso
p�a.rsuant to Minnesata Statutes, Sectxons
statutes (the ttHIZA Act").
1.02. 'I'h� City and its Eeo�avmi.c Develo�ament Authorit� {FDA} have
previdusly created De�relopment Dis�tx�ict No. 1 in the City$nd a Develapmen�DYstrict
ther�far, pursuan.t to Minnesata St�.t�tes, Sectaons 469.�.24 to �69.1�4.
x.03. The City created#h�l�osemount Pox�t Autharztp ("RP,A"3 1a3r resolution
approvr�d Septemher S, 199X {the n�abling Resoluti.on").
�,04. By resolut.ioz�. approved Septem�ber X5, 1982, the �i�ty expandad the
bavndax�es Qf the R�d��elopmes�.t p�J�catian,�to h �.edeve�p�,en�t Plan. a dmthe
�zstrict and made certa.in other �oc�i
r3evelapment �rogram•
1.05. Fursuan.fi to the En�abl.irs� �i.esvlutiom, th� R�ct�anct arlmiaaist xs �the
housir�g �.nc1 �devslopment authorit9 under �tb.e A�tA
R.ede�el+apmexk.t Projeet, and has been d�Sa�,*n�ated as acl�str�tQr of the De�ve}.apmeaat
�3is�tri,ct,
1.Q6. The C3.ty has det�rmined that, in order to more �fficiently' g;overn its
it is desirable to consalidate the
redevelopment a�d de�elopment p�grams a et as a single Redeveiopm@�t
Development Dis�tr%et and the Redevelopment Proje
Pr�aject under �the HRA l�c�t, with a single Redevelvpmen.t �1an�•
1.07. 'rhe Ci�ly a.nd the RPA ha�e also co�.tempSated providin�tsg increment
fi�a.an�g t"TYF'�) assistance to facilitate the redevelopment of proPertY �within the
� R.�deve2ogme�t Project at the southwest carner of tkze int�rseetioaz �s�ta.tute�s�,
�2 and State Highway 3, all pursuant to the ARA Act and M�n.
Sections 469.174 to �69.179 {the "TIF Aet").
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2.01. RPA and City staff aud c�nssx,�ltants are authorized to Pre�pax� anY
c
necessar�y revisions ta the �,ted�veiopmen�t P1an, to effectuaxe the consvlidativn
descr�.'bed a�ave, a�nd a TIF P]aaa for propos�TIF Distra�ct Na, X-2 (a redevelapnaent
clistrict) and ta f 1e a copy of sach dac�uments in C�ty I�all.
2.02_ The C�.ty Cl�rk i� aut]a�ori.zed and dit�cted ta prepar� a notice for
publicatian in tlxe City's officaal.riewspaper settin�g a publie heari,ng befcre the City
Council on Decemb�r 20, 1934 at T:30 p.m. in th� cQuncil chambers on the modiffed
�.edevelopm�nt Fian aud the T�F P1an.. The notice sha.�t be published in the
nevaspaper at least 1d but aot mor� tlasn 34 days prior to the puYilic hearing, a�.d
vs
sb,s11.incl.ude a�p af the�edevelopnaent Project and thQ proposed ap.d T�F Distriet.
2,U3. The City Clerk or d�sigz�,ated consultants ax�e author�.zed aaa.Baard.�and
to t�ansmi-L a,copy of the Red�ve3opment Plan and TI� P1a�c�to th� County
Schaol Boaz d, and to take a�.othe�actions necessary to bring such d�ents befoa�e
the Gity Caun�il at t,he time of the publ�.c hear�ing•
2.04. Tk�e City' C�unciX ratif'�s the actians of City a�a.d R�'A staff' and
consultants tak�n. #o date �ia eozltemplatiou of creating 't�.� P�°�ed 7'IF Uistxrict,
iRnclu ;n� deliv�ry of notitae to the Caunty
Co�issioner representi�,g the CitY �
required under Section 469.X75, Subd_ 2a of the TIF Aet.
Approved by the City Couneil of the City of Rosemount tl�is 15th day of
Novemb��r, 1994.
Mayor
ATTEST:
City Clerk
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NQTICE is hereby giv�en tk�at the City Cov.�.�il of the Ga.ty of R.osemoun.t �viU.
meet in the Ci#y �all �in Rosemount, Minnesota at 7:3Q p.m. ox� Tuesday, December
2U, �.994 to canduat a public hearaztig on the creatfan of T�x Increraent F�.aaci.x�g
{ttTIF"} Distri,ct No. X-2 ta red�velopment distriet} and a TYF p3.an far that distri�t,
and modificatian of the Reti�velopment P�an Por the Ros�moutit Redevelopmex,�.t
Project.
The bounr�aries af the e�s-t�g �,edeve2opment Project and proposed TY�`
District No. X-2 ar� shown in the map below. The Aur'Aase of this pxaposed action
is tQ fae:ilitate rede�velopment of property l.ocated ge�erally at the south�nrest corner
of the intersectiom of Cazxnty Raad 42 and State A:ighway 3. Progosed aew
development includes a.hotel, restaxa.ran.t and vth�� cou�mercial serviees. D�+tails on
t�.e praposal are cantained in th+� ltede�elopment Flan and TYF Flan, a draf't copy�of
which will �e available for public inspection at the �semount Ci�tg Hall duriaa.g
x�egular �usi.ness 3a.ours_
.A,n.y pe�son wishing to express an opinioa on the matters to be cox�s�.dex ed at _ �
the pul�lic hearing wi11 be heard oxally or in wr�iting•
D
ER aF THL �i'�'Y C�'C.XNCI�.. '
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Dated: [Date af Publica�x � ,
City Cierl�
City of R.�se�aunt, Mim�esot�,
$JH79496
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