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Resolution - #86-104 - 06/30/1986
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Resolution - #86-104 - 06/30/1986
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#86-104
Document Date
06/30/1986
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Councilm~ r ~_w~t Cox introduced the following <br />resolut:~.~,~ 1..e-reading of which was dispensed with by unanimous <br />consent~ ~:;~d. ~o'v~ :[ts adoption: <br /> <br /> CITY OF RAMSEY <br /> COUNTY OF ANOKA <br /> ~-]'.PATE OF MINNESOTA <br /> <br /> P~ESOLUT ION ~86-104 <br /> <br /> RE,~OLUTION ADOPTING A MODIFICATION TO <br /> THE DEVELOPMENT PROGPLAM FOR DEVELOPMENT <br />~iST_RICT NO. 1; ADOPTING A TAX INCREMENT <br /> PLAN FOR TAX INCREMENT FINANCING <br /> DISTRICT NO. 2; ESTABLISHING TAX <br /> INCREMENT DISTRICT NO. 2 <br /> <br /> BE i~' F~i~;70]i,VED by' the City Council (the Council) of the City <br />of Rams~.'v~, ~,,~i~',ne~ota (the City) as follows: <br /> <br /> ] ~llli ii~ ha,~ been proposed that the City enlarge the bounda- <br />ries of i)~v~Ic¥)men'b District No. 1 and establish Tax Increment <br />Financ-L~,<~ i~j .~trict No. 2 therein and approve and adopt the <br />proposers' ]',~c~!~i lied Development Program and proposed Tax Increment <br />Financ~<i !;[!~.n with respect thereto, all pursuant to and in <br />accorda~~, wJ~h Minnesota Statutes, Chapter 472A, as amended, and <br />Minne so~! ~,, ~ f'.at u~es, Sections 273.71 to 273.78, inclusive, as <br />'~mended , <br /> <br /> ] .i)7 '.'],~ Council has investigated the facts and has caused <br />to be [~r ~-i~?eK1 a proposed modified Development Program for <br />Developm~'-~,ic ~istrict No. 1, defining the property to be included <br />in th~ ~i~,'i.~'qed Development District No. 1 and describing the <br />acqion 'L~> !ia~ undertaken by the City to aid the development of <br />Developm(~;~ )is~rict No. l, and has caused to be prepared a <br />propo~:e(~ ~.~'~.~ l[ncrement Financing Plan defining the property to be <br />include~'l ~i~ 'Tp~ Increment Financing District No. 2 and other <br />matters '~ ~7~ ~.ng %hereto~ <br /> <br /> ]~!!> 'i'~ ~-~ City has performed all actions required by law to <br />be perf~',~m~'! pr_~or to the modification of Development District <br />No,, !~ fh~ ~s~,})]..ishment of Tax Increment Financing District <br />No~ 2 ~,~'~: i~ ~} adoption of the proposed modified Development <br />Proqram ~i,~:-i proposed Tax Increment Financing Plan relating <br />thereto~. ~;~,~ i.uding, bu~'. not limited to, notification of Anoka <br />Countv ~'~,~I .:~ noka-.Hennepin independent school district No. 11 <br />havinq -~-~'~,~ jurisdiction over the property to be included in <br />Tax Jinc~.em~,~_~. F~.nanc_~.ng District No. 2; a review by the City <br />PlannJn,~; ~<'.~',m~iss~_on of ~he proposed modified Development Program <br />for De¥ci!,.,}wm~'. Distzi{:~: No. 1 and the proposed Tax Increment <br /> <br /> <br />
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