1h Sand Co TIF District
CITY OF
CHANHASSEN
7700 Market Boulevard
PO Box 147
Chanhassen, MN 55317
Administration
Phone: 952,227,1100
Fax: 952,227,1110
Building Inspections
Phone: 952.227,1180
Fax: 952.227,1190
Engineering
Phone: 952,227,1160
Fax: 952,227.1170
Finance
Phone: 952,227,1140
Fax: 952,227.1110
Park & Recreation
Phone: 952,227,1120
Fax: 952,227,1110
Recreation Center
2310 Coulter Boulevard
Phone: 952,227.1400
Fax: 952,227,1404
Planning &
Natural Resources
Phone: 952,227,1130
Fax: 952,227,1110
Public Works
1591 Park Road
Phone: 952,227.1300
Fax: 952,227,1310
Senior Center
Phone: 952,227.1125
Fax: 952,227,1110
Web Site
www.ci.chanhassen.mn.us
-1-f~
MEMORANDUM
TO:
Todd Gerhardt, City Manager
FROM:
Justin Miller, Assistant City Manage.rcsJA.
DATE:
.Oiv-
Call for Public Hearing - Sand Companies Affordable Housing
TIP District
January 25,2006
RE:
BACKGROUND
The Sand Companies have begun the site plan review process for their 48-unit
apartment building to be located at the corner of new Highway 212 and the
relocated Highway 101. This is going to be an affordable housing project, and
they have received tax credits through the Minnesota Housing Finance Agency.
As part of their tax credit application, the City provided a letter of support
indicating that the use of Tax Increment Financing may be available to help make
this project affordable.
In order to begin the process of creating a Tax Increment Financing district, the
City Council must call for a public hearing on the project.
A full schedule of events is attached to this report. The entire process should be
completed by April 30, 2006.
RECOMMENDA TION
Staff recommends that the City Council call for a public hearing to be held on
April 10, 2006 on the proposed establishment of Tax Increment Financing District
#9. Approval of this action requires a majority vote of the city council.
The City of Chanhassen · A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, winding trails, and beautiful parks, A great place to live, work, and play,
SCHEDULE OF EVENTS
CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
FOR THE PROPOSED MODIFICATION TO THE REDEVELOPMENT PLAN
FOR THE DOWNTOWN CHANHASSEN REDEVELOPMENT PROJECT AREA
January 23, 2006
February 3, 2006
February 13,2006
February 15, 2006
February 24, 2006*
February 28, 2006
AND THE PROPOSED ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO.9
(a housing district)
Draft as of November 18~ 2005
EDA requests that the City Council call for a public hearing on the proposed
Modification to the Redevelopment Plan for the Downtown Chanhassen
Redevelopment Project Area and the proposed establishment of Tax Increment
Financing District No.9.
Project information (property identification numbers and legal descriptions,
detailed project description, maps, but/for statement, fiscal impacts to public
works and police and fire services, and list of sources and uses of funds) for
drafting necessary documentation sent to Ehlers & Associates.
City Council calls for public hearing on the proposed Modification to the
Redevelopment Plan for the Downtown Chanhassen Redevelopment Project Area
and the proposed establishment of Tax Increment Financing District No.9.
Ehlers & Associates confirms with the City whether building permits have been
issued on the property to be included in Tax Increment Financing District No.9.
Project information submitted to the Carver County Board for review of county
road impacts if necessary* (at least 45 days prior to public hearing). *The
County Board, by law, has 45 days to review the TIP Plan to determine if any
county roads will be impacted by the development. If the City staff believes that
proposed Tax Increment Financing District No.9 will not require unplanned
county road improvements, the TIP Plan will not be forwarded to the Carver
County Board 45 days prior to the public hearing. Please be aware that the
Carver County Board could claim that tax increment should be used for county
roads, even after the public hearing. [Ehlers & Associates will fax and mail on
February 23 or 24, 2006.J
Letter received by Carver County Commissioner giving notice of potential
housing tax increment financing district (at least 30 days prior to publication of
public hearing notice.) [Ehlers & Associates will fax and mail on February 24 or
27,2006.J
. I ~.tt~I~E~'~
SCHEDULE OF EVENTS - PAGE 2
CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
FOR THE PROPOSED MODIFICATION TO THE REDEVELOPMENT PLAN
FOR THE DOWNTOWN CHANHASSEN REDEVELOPMENT PROJECT AREA
AND THE PROPOSED ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO.9
(a housing district)
March 10,2006 Fiscal/economic implications received by School Board Clerk and Carver County
Auditor (at least 30 days prior to public hearing). [Ehlers & Associates will fax
& mail on March 8 or 9, 2006.]
March 30, 2006 Date of publication of hearing notice and map (at least 10 days but not more than
30 days prior to hearing). [Chanhassen Villager publication deadline, March 23,
2006 - Ehlers & Associates or City of Chanhassen to submit notice and map to
newspaper. If City chooses to submit notice and map to newspaper, Ehlers &
Associates will provide language to the City by March 21, 2005.]
March 21,2006 Planning Commission reviews the Plans.
March 22, 2006 Ehlers & Associates conducts internal review of Plans.
April 10, 2006 EDA considers the Plans and adopts a resolution approving the Plans.
April 10, 2006 City Council holds public hearing at 7:00 P.M. on a Modification to the
Redevelopment Plan for the Downtown Chanhassen Redevelopment Project Area
and the establishment of Tax Increment Financing District No.9 and passes
resolution approving the Plans. [Ehlers & Associates will email Council packet
infonnation to the City by March 31, 2006.]
By April 30, 2006 Ehlers & Associates files plans with the MN Department of Revenue and the
Office of the State Auditor, and requests certification of the TIP District with
Carver County.
. I ~.tt~I~E~'~