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Res 2000 - 92 Calling Public Hearing on the Proposed Reduction in Size of Existing Tax Increment Financing District No. 1 within Municipal Development District No. 1 & the Proposed Adoption of a Modification to the Tax Increment Financing PlanCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 00- 92 "RESOLUTION CALLING PUBLIC HEARING ON THE PROPOSED REDUCTION IN SIZE OF EXISTING TAX INCREMENT FINANCING DISTRICT NO. 1 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 1 AND THE PROPOSED ADOPTION OF A MODIFICATION TO THE TAX INCREMENT FINANCING PLAN RELATING THERETO, THE PROPOSED ADOPTION OF A MODIFICATION TO THE DEVELOPMENT PROGRAM FOR MUNICIPAL DEVELOPMENT DISTRICT NO. 1, AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 2 THEREIN AND THE PROPOSED ADOPTION OF A TAX INCREMENT FINANCING PLAN RELATING THERETO". BE IT RESOLVED by the City Council of the City of Mendota Heights, Minnesota (the "City"), as follows: 1. Public Hearing. This Council shall meet on Tuesday December 19, 2000, at approximately 8:00 p.m., to hold a public hearing on the following matters: (a) the proposed reduction in size of existing Tax Increment Financing District No. 1 within Municipal Development District No. 1, (b) the proposed adoption of a Modification to the Tax Increment Financing Plan relating thereto, all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 through 469.134, both inclusive, as amended and Minnesota Statutes, Sections 469.174 through 469.179, both inclusive, as amended (collectively, the "Act"). 2. Notice of Hearing: Filing of Plan Modification, Program Modification and Plan. The City Clerk is hereby authorized to cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be published as required by the Act and to place a copy of proposed Modification to the Tax Increment Financing Plan, Modification to the Development Program, and Tax Increment Financing Plan on file in the Clerk's Office at City Hall and to make such copies available for inspection by the public. Adopted by the City Council of the City of Mendota Heights this 7th day of November, 2000. By ATTEST: Kathleen M. Swanson City Clerk CITY COUNCIL CITY OF MENDOTA HEIGHTS Charles E. Mertensotto Mayor Sent by: BRIGGS MORGAN ST PAUL 651 223 6450; EXHIBIT A 11/02/00 12:50; #479; Page 7/10 CITY OF MENDOTA HEIGHTS COUNTY OF DAKOTA STATE OF MINNESOTA NOTICE OF PUBLIC HEARING ON REDUCTION IN SIZE OF EXISTING TAX INCREMENT FINANCING DISTRICT NO. 1 WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 1 AND ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 2 THEREIN NOTICE IS HEREBY GIVEN that the City Council (the "Council") of the City of Mendota Heights, Dakota County, Minnesota, will hold a public hearing on Tuesday, December 19, 2000, at 8:00 p.m., at the Mendota Heights City Hall, 1101 Victoria Curve, in the City of Mendota Heights, Minnesota, relating to the proposed reduction in size of existing Tax Increment Financing District No. 1 within Municipal Development District.No. 1 and the proposed adoption of a Modification to the Tax Increment Financing Plan thereto, the proposed adoption of a Modification to the Development Program for Municipal Development District No. 1, and the proposed establishment of Tax Increment Financing District No. 2 and the proposed adoption of a Tax Increment Financing Plan therefor, within Municipal Development District No. 1, pursuant to Minnesota Statutes, Section 469.174 through 469.179, inclusive, as amended. Copies of the Modification to the Tax Increment Financing Plan, Modification to the Development Program, and Tax Increment Financing Plan as proposed to be adopted will be on file and available for public inspection at the office of the City Clerk at City Hall. The property proposed to be deleted from existing Tax Increment Financing District No. I and included in Tax Increment Financing District No. 2 is described in the Tax Increment Financing Plan on file in the office of the City Clerk. Municipal Development District No. 1 is 1222127.2 A-1 Sent by: BRIGGS MORGAN ST PAUL 651 223 6450; 11/02/00 12:51; #479; Page 8/10 coterminous with the entire corporate boundaries of the City of Mendota Heights. A map of Municipal Development District No. 1, and property to be deleted from existing Tax Increment Financing District No. 1 and included in Tax Increment Financing District No. 2 is set forth below: [INSERT MAP of Municipal Development District No. 1, andproperty to be deleted from existing Tax Increment Financing District No. 1 and included in Tax Increment -Financing District No. 2J All interested persons may appear at the hearing and present their view orally or in writing. Dated: November 7, 2000. [Published: December 3rd] 1222127.2 A-2 BY ORDER OF THE CITY COUNCIL /s/ Kathleen M. Swanson Clerk