93-102 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
RESOLUTION
Date
Motion By
October 11, 1993 Resolution No. 93-102
Dockendorf Seconded By Mason
RESOLUTION ADOPTING A MODIFIED DEVELOPMENT
PROGRAM FOR DEVELOPMENT DISTRICT NO. 2,
MODIFIED' TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 2-1 AND
MODIFIED TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO. 2-2
BE IT RESOLVED By the City Council (the Council) of the City of
Chanhassen, Minnesota (the City) as follows:
Section 1. Recitals.
1.01. On October 10, 1988, the City adopted a Development Program for
Development District No. 2 and a Tax Increment Financing Plan for Tax Increment
Financing District No. 2-1 therein, all pursuant to and in accordance with Minnesota
Statutes Sections 469. 124 through 469. 134 and Minnesota Statutes Sections 469.174
through 469. 179.
1.02. On March 9, 1992, the City adopted a Tax Increment Financing Plan for
Tax Increment Financing District No. 2-2.
1.03. The Program for Development District No. 2 was modified on May 22,
1989 and March 9, 1992.
1.04. The Plan for Tax Increment Financing District No. 2-1 was modified on
May 22, 1989, October 22, 1990 and March 9, 1992.
1.05. It has been proposed that the City again expand the boundaries of
Development District No. 2 and modify the Plans for Tax Increment Financing
District Nos. 2-1 and 2-2 in order to authorize financing of additional public
expenditures within Development District No. 2.
1.06. The Council has investigated the facts and has caused to be prepared
a modified Development Program for Development District No. 2 and modified Plans
for Tax Increment Financing District Nos. 2-1 and 2-2, describing the additional
actions to be undertaken by the City to aid the development of property within
Development District No. 2.
1.07. The City has performed all actions required by law to be performed
prior to the enlargement of Development District No. 2 and the modification of the
Plans for Tax Increment Financing District Nos. 2-1 and 2-2, including, but not
limited to, notification of Carver County and Independent School District No. 112;
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