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HomeMy WebLinkAboutRES 2006-57 CALLING FOR A PUBLIC HEARING ON A PROPOSED MODIFICATION TO THE DEVELOPMENT PROGRAM FOR MUNICIPAL DEVELOPMENT DISTRICT NO.1 ,. r City of Corcoran Courrty of Hennepin � State of Minnesota RESOL UTION NO. 200fr57 MOTION BY MEMBER: Lymangood SECONDED BY MEMBER: Grabowski RESOLUTION CALLING FOR A PUBLIC HEARING ON A PROPOSED MODIFICATION TO THE DEVELOPMENT PROGRAM FOR MUNICIl'AL DEVELOPMENT DISTRICT NO. 1. WHEREAS,the City of Corcoran(the"City")cumendy adminisbers Municipal Development District No. 1 (the"Project Area")within the City;and WHEREAS, the City has contemplated using tax increment financing (""TIF") in order to facilitate the development of certain property located in the City (the "Property"), all pursuant to Minnesota Statutes Sections 469.124 through 469.134, as amended, and Sections 469.174 through 469.1799, as amended (collectively,the"Act");and WHEREAS,the Property is not currently located within the geographic area of the Project Area;and WHEREAS, the City Council has determined to consider a modification to the Development Program for the Project Area to enlarge its geographic area, and to hold a public hearing thereon in accordance with the Act NOW,TI-�EREFORE,BE IT RESOLVED by�e City Council of the City of Corcoran,that: l. The City Administrator is hereby authorized and directed to cause to be prepared a modification to the Development Program for the Project Area, and to file a copy of this document in City Hall. 2. The Administrator is authorized and directed to select the date for a public hearing at a regulaz or special City Council meeting, regarding the proposed modification to the Development Program for the Project Area. The notice shall be in substantially the form attached as E�chibit A and shall be published in the City's official newspaper at least 10 days but not more than 30 days prior to the public hearing,and sha11 include a map of the Project Area. Published notice should be sufficiently conspicuous in size and placement to distinguish the notice from the surrounding text. The City must make the information available in printed paper copies and,if possible,on�e Internet. 3. The Administrator is authorized and directed to transmit a copy of the proposed modification to the I?evelopment Program to the County Auditor and the clerk of the relevant School Board,and to take all other actions necessary to bring the modified Development Program before the City Council at�e time of the public hearing. � w . City of Corcoran County of Hennepin State of Minnesota RESOL UTION NO. 2006-57 MOTION BY MEMBER: Lymangood SECONDED BY MEMBER: Grabowski VOTING AYE VOTING NAY _X Cossette, Tom Cossette, Tom _ _X Grabowski, Chuck Grabowski, Chuck _ _X Jacobs,Paul Jacobs,Paul _ X_Lymangood, Chuck Lymangood,Chuck _ _X Thomas, Ron Thomas, Ron _ Whereupon,said Resolution is here6y declared passed on this 28th day of September 2006. �m� ,�,�Tr' :,/" Tom Cossette, Mayor ATTEST: �� Bea Lindberg, City Cl Ciry Seal