94-03 CITY OF CHANHA~S]~N
HOUSING AND RJtI~EV~OPMENT AUTHORITY
Date
Motion By
Resolution No.
Seconded By
RESOLUTION APPROVING MODIFICATION NO. 13
TO THE REDEVEr~PM~NT AND TAX
INCR~JENT FINANCING PLANS FOR THE
CHANHASSEN DOWNTOWN REDEVEr~PMENT PROJECT
BE IT RESOLVED by the Housing and Redevelopment Authority in and for the
City of Chanhassen, l~innesota as foUows:
Section 1. Recitals.
1.01. The Housing and Redevelopment Authority in and for the City of
Chanhassen (Authority) and the City Council of the City of Chanhassen (City)
approved a redevelopment project for the downtown Cbsnhsssen area (l~oject) And
adopted a redevelopment plan and mx increment financing plan for same
(collectively, Plans) on November 29, 1977 and December 19, 1977, respectively.
1.02. Due to changes in the nature and extent of public and private
improvements to be constructed or increases the area included within the Project,
the Plans have been the subject of twelve modtt~icattons since their adoption in 1977.
1.03. Additional changes in the public and private improvements to be
constructed within the Project have now necessitated another modification.
1.04. In response to these changes, the Authority and the City have
authorized the preparation of a modified Redevelopment ptAn and Tax Increment
Financing Plan which are contained in a document entitled ttRedevelopment ptAn and
Tax Increment Financing Plan for Downtown Chanhassen Redevelopment Area,
Modt~'ication No. 13" dated March 14, 1994 and on file with the Authority.
Section 2. Authority Approval.
2.01. The Authority finds that the objectives of the Authority and the City
of encouraging development and redevelopment within the Project will be advanced
by adoption of the modified PlAnS.
2.02. The modified p1AnR are hereby approved and adopted by the Authozdty.
The modified Plans incorporate by reference the OriginAl plans and all subsequent
amendments thereto, except as the modified P!RnR explicitly or by ~asonably
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C~J.30-11 I
necessax~r implication conflict with the origfnal Plans or any of the first twelve'
amendments thereto.
Section 3. Further Procoedinl~.
3.01. It is noted that copies of the modified p_tnnR have been tmnnmitted to the
board of Independent School District No. 112 and the board of eommtmstoners of
Carver County for review and comment and that said public bodies have been
notified of the hearing to be held on the P]snR by the City.
3.02. The Authority requests the City to hold a public hearing on the ptsn~
pursuant to Minn. Stat. Sections 469.028 and 489.175 as soon hez~fter as is
p~acticable and recommends that the modified Plans be approved by the City.
Adopted by the Housing and Redevelopment Authority in and for the City of
Cha~h~sen, Minnesota thts~
day of , 1994.
IIBB29554
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