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1g. Calling for Public Hearing on the Creation of Tax Increment District #4u I I k n CITY OF (I - CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 Action by C'dy Administrator Endorse ✓ DW Pr Mod fle Rejecte _ TO: Don Ashworth, City Manager q D* Umitted to comminkoA FROM: Todd Gerhardt, Assistant City Manager tote s ubrnhted to cou`nd DATE: March 8, 1995 .F_- 13 -9s' SUBJ: Calling for Public Hearing on the Creation of Tax Increment District #4 Attached for the city council's consideration is iliesolution calling for a public hearing on May 5, 1995 for the creation of TIF District wling Center, Hotel Expansion and Frontier Center properties). The creation of this dtstrict is to assist with the redevelopment of this area and the installation of an additional parking, lot and extension of Pauly Drive. The redevelopment of this area is planned as' an "entertainment center," adding to the Dinner Theatre and Bowling Center that akeadyx`sts. Currently the plan would include a variety of mixed use entertainment -type activities such as movie theaters, restaurants, stores, recreational facilities, and hotel/meeting room expansion to the Country Suites facility. In concentrating these types of uses, visitors are able to park once in a common parking area and walk to several stores to shop. It also empha' sizes night time family activities that will help prolong the downtown's day time vitality into the evening hours. Staff is in the process of writing the redevelopment plans and establishing estimated costs for thi area, I will present these findings for your review at the public hearing proposed for May 8. RECOMMENI?*'IO�I n a g Staff would recommend that- =the city council adopt the attached resolution (Attachment #1) ' calling for the public hearing on 1VIay ° 8;" "'1.995, and direct staff >tci ";prepare a redevelopment plan outlining the proposed budget and the objectives the city seeks to achieve. I ATTACHMENTS 1. ' 2. Resolution Proposed map MEMORANDUM MHK btu 'yb 1b:07 HOLME5 & GRAVEN Attorneys at L.aw ROBERT A. ALSOP RONALD H. BATTY ST1:a~tO v J. BORDL J OHN B. D EA N MARY G. DOBBINS ST N. GALEY GORRINS A. HEINE J AMES S. H OLMES DAVID J. KENNEDY JOHN R. LARSON CURL= 1. 10EVERE JOHN M. L91FRVM X ROBERT J. Li NDALL ROBERT C. LONG March . 8, 1995 Todd Gerhardt City of Chanhassen 690 Coulter Drive P.Q. Box 147 Chanhassen, MN 55317 H OLMES & G RAVEN CH ARTERED 470 Pillsbury Center, Minriespolis, Minnewts 55402 (612)337.9300 FBcshant (612) 337.9310 WRITER'S DIRECT DIAL (612) 3379242 RE: Resolution Calling for Public Hearing on TIF District No. 4 Dear Todd: Enclosed for the city council's consideration at its meeting on !March 13, 1995 is a resolution calling for a public hearing on the new downtown TIF district. The proposed public heaving date is May 8, 1995. In addition to the usually notice requirements, we will have to comply with a provision added to the TIF statute several years ago. In the case of redevelopment TIF districts, it is necessary to give a notice to the county commissioner in whose district the new project will be located. We also have to offer to meet with him or her to discuss the matter. I do not know whether that raises any problems in this case, but I will need to know the appropriate name and address. Sincerely, �G Ronald H. Batty P.2 1 LAURA K. M OLLET BARBA L. PORTw JAMES M. STROMMIN 1 JAMES J. THOMS JR. [ABBY M. WERTHEDs BONNIE L.. 'WItZINs G P. WINTER D AVID T. GRAVEN (1939499' OF COUNST6L ROBERT C C ARLSON Roam G DAVIDSON WELuNarON H. LAW , T. JAY SALMON i MAR 08 '95 16:88 HOLMES & GRAVEN Member adoption P. introduced the following resolution and moved its CITY OF CHANHASSEN RESOLUTION NO. — RESOLUTION CALLING FOR A PUBLIC HEARING ON THE ESTABLISHMENT OF TAX INCREMENT FINANCING ' DISTRICT NO. 4 WHEREAS, the Housing and Redevelopment Authority in and for the City of Chanhassen (HR.A) has determined to propose a new tax increment financing district (TIF District No 4) within the downtown redevelopment project area; and WHEREAS, Min nesota Statutes, sections 469.174 through 469.179 (TIF Act) requires that the city council of the city of Chanhassen (City) hold a public hearing on TIF District No. 4, following approval thereof by the HRA. NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of ''. Chanhassen, Minnesota as follows. is and directed to prepare a notice for ' 1. The city manager authorized in the official newspaper setting a public hearing before the publication city council to consider this matter on May 8, 1995, at p.m. in the council chambers. The notice shall be published in the newspaper at ' least 10 but not more than 30 days prior to the public hearing. 2. The city manager is hereby authorized and directed to notify Carver County at least 30 Independent School District No, and days prior to the public hearing and to invite their comments thereon. 3. The city manager is also authorized and directed to cause a notice regarding TIF District No. 4 and a summary thereof to be sent to the Carver County commission in whose district the TIF District will be located at least 30 days prior to the public hearing. ' 4. The city staff and consultants are authorized and directed to take all other actions necessary to bring this matter before the city council at the time of the public hearing. Dated: March 13, 1995. ' Don Chmiel, Mayor i �ssfxa CE130 -40 MAR 08 '95 16:08 HOLMES & GRAVEN P.4 ATTEST: Don Ashworth, City Manager The motion for the adoption of the foregoing resolution was duly seconded by member and upon vote being taken thereon, the following voted in favor thereof: and the following voted against same: Whereupon said resolution was declared duly passed and adopted. 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