2i. Call Public Hearing for TIF Housing District.CITY OF aN
CHANHASSEN
690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317
(612) 937 -1900 • FAX (612) 937 -5739
Acti6n by City Admldrstraator
MEMORANDUM Endorse Modifie
TO: Don Ashworth, City Manager R ejecte d
Dat z -� b
,1
Date Submitted to Commissiod
FROM: Todd Gerhardt, Assistant City Manager
Date Submitted to Council
DATE: May 2, 1996
SUBJ: Establish a Public Hearing on TIF District No. 5
Attached for City Council consideration is a rgpplution calling for a public hearing for the
creation of Tax Increment Financing District #- 5 for the Rottlund/North Bay Project.
The proposed public hearing date is June 24,1)996.
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Staff is also in the process of preparing theTrogra& and plan. Once the plan is
completed, staff will send it to the county' d school, district for their review.
The following is the proposed schedule for the approa1 process for this project.
May 6th Authorize preparation of program and plan and call for public hearing.
May 13th Letter regarding T:F' District to the Coun, Commissioner.
May 24th Copy of plan toounty and school districted notice of hearing.
June 5th Planning C6 ission's review and approval.
June 7th Notic�e�tif Hearing to newspaper.
June 13th Publieian
June 24th cpb1aG hewn.
Staff recommends approval of the resolution calling for preparation of a Development
Program for Development Distric Flo 55 mod, a TaUncrement f e racing Plan for Tax
Increment Financing District No. 5 -1; calla& fofa public hearing thereon.
Attachments
Resolution calling for public hearing.
gAadmin \tg \tifdist.5
CITY OF CHANHASSEN '
CARVER AND HENNEPIN COUNTIES, MINNESOTA
Date Resolution No.
Motion by Seconded by
RESOLUTION CALLING FOR PREPARATION OF A
DEVELOPMENT PROGRAM FOR DEVELOPMENT '
DISTRICT NO. 5 AND A TAX INCREMENT FINANCING
PLAN FOR TAX INCREMENT FINANCING DISTRICT NO.
5 -1; CALLING FOR A PUBLIC HEARING THEREON ,
WHEREAS, the city council of the City of Chanhassen (the "City ") has previously
utilized the authority of Minnesota Statutes, sections 469.124 through 469.134 (the "City
Development District Act ") and Minnesota Statutes sections 469.174 through 469.179 (the "TIF '
Act") in order to promote development and redevelopment in portions of the community which
had not developed to their potential solely through private activities; and '
WHEREAS, the City wishes to establish another City development district ( "Development
'
District No. 5 ") and tax increment financing district ( "TIF District No. 5 -1 ") in an area of the
prior to the hearing in the official newspaper.
'
community which needs public assistance in order to develop to its full potential.
NOW, THEREFORE, BE IT RESOLVED, by the city council of the City of Chanhassen,
,
Minnesota as follows: I
1. Kennedy & Graven, Chartered is hereby authorized and directed to prepare a
program (the "Program ") for Development District No. 5 and a plan (the "Plan" '
or the "TIF Plan ") for TIF District No. 5 -1.
2. The city clerk is authorized and directed to prepare a notice of public hearing on
'
the Program and the Plan and shall cause the notice to be published 10 to 30 days
prior to the hearing in the official newspaper.
3. A copy of the Program and of the TIF Plan and notice of the time and place of
the public hearing shall be sent to the school district and to the board of Carver
County at least 30 days prior to the hearing.
,
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4. A copy of the Program and the Plan shall be submitted to the planning
commission with a request that the planning commission consider whether the
documents are consistent with the plans for development of Chanhassen in
general.
5. The city council shall hold the public hearing on the Program and the Plan
following mailed and published notice as required by law, on June 24, 1996, at
p.m. in the council chambers at city hall.
6. The city staff and consultant are hereby authorized and directed to take any and
all other actions reasonably necessary in order to accomplish these purposes.
Dated: May 6, 1996
Donald Chmiel, Mayor
ATTEST:
Donald Ashworth, City Clerk - Manager
RHB103886
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