1a. TIF District 2-1 CITYOF
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CHANHASSEN
Oti 11:°4?I 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317
(612) 937-1900 • FAX (612) 937-5739 ,
MEMORANDUM
TO: Don Ashworth, City Manager /0 -3 4/ "
FROM: Todd Gerhardt, Assistant City Manager TG//
DATE: October 3 , 1990 " -8 _FZ
' SUBJ: Modification of Plan for TIF District No. 2-1; Call for
Public Hearing
Attached please find a resolution calling for a public hearing on
the modification to TIF District No. 2-1 (McGlynn District) . The
purpose of this modification is to document the estimated project
costs for Phase II public improvements to Audubon Road.
At the July 23 , 1990 City Council meeting, the bid for upgrading
Audubon Road was awarded in the amount of $532,830. 02 . The total
project costs including land acquisition, administrative expenses
and change orders is estimated to be $760, 000. 00.
Both Carver County and School District 112 have been notified of
the proposed plan modification and staff expects to receive a
written response from each of them before the public hearing.
Staff will also be presenting the plan modification to the Planning
Commission at their October 17, 1990 meeting.
' Recommendation
Staff recommends that the City Council approve the resolution
calling for a public hearing on October 22, 1990 to consider the
plan modification to Development District No. 2 and Tax Increment
Financing District No. 2-1.
' Attachments
1. Resolution
2. Map of District No. 2
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
RESOLUTION
Date Resolution No.
Motion By Seconded By
' RESOLUTION CALLING FOR A PUBLIC HEARING
ON THE MODIFICATION OF THE PLAN FOR
TAX INCREMENT FINANCING DISTRICT NO. 2-1
WHEREAS, on October 10, 1988, the City Council of the City of Chanhassen
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' (City) established Development District No. 2 pursuant to Minnesota Statutes
Sections 469.124 through 469.134 and Tax Increment Financing District No. 2-i
' pursuant to Minnesota Statutes Sections 469.174 through 469.179; and
WHEREAS, on May 22, 1989, the City modified the program (Program) for
Development District No. 2 and the plan (Plan) for Tax Increment Financing
District No. 2-1 in connection with the expansion of the districts; and
WHEREAS, the City wishes to modify the Plan again to authorize additional
improvements to Audubon Road.
' NOW, THEREFORE, BE IT RESOLVED By the City Council of the City of
Chanhassen, Minnesota as follows:
1. Holmes & Graven, Chartered is hereby authorized and directed to prepare a
modified Plan for the project.
' 2. The City Manager is hereby authorized and directed to submit the modified
Plan to I.S.D. No. 112 and to Carver County for comment.
3. The City Manager is hereby authorized and directed to submit the modified
Plan to the Chanhassen Planning Commission for review and comment.
4. The City Manager is authorized and directed to prepare a notice for
' publication in the official newspaper setting a public hearing before the City
Council on the 22nd day of October, 1990 at p.m. in the Council
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chambers on the modified Plan and that such notice be published in the
newspaper at least ten (10) but not more than thirty (30) days prior to the
public hearing.
5. City staff and consultants are authorized and directed to take such other
actions as are reasonably necessary to bring the amended Plan before the
City Council at the public hearing. I
Passed this day of , 1990, by the City Council of the
City of Chanhassen, Minnesota. I
Donald J. Chmiel, Mayor I
ATTEST:
Donald Ashworth, City Clerk/Manager '
CH130-011
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