96-39 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
Date Hay 6, 1996 Resolution No.
Motion by Hason Seconded by
96-39
Senn
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 CTIF District No. 5-1") in an area of the
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:
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 heating 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.
.
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.
.
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
7-30 p.m. in the council chambers at city hall.
.
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
ATTEST:
Donald Ashworth, City C er - anager
YES
Chmiel
Dockendorf
Berquist
Senn
Mason
NO ABSENT
None None