Loading...
Res 2001 - 12 Approving Modification No. 3 to the Tax Increment Financing Plan & Development District Plan (Freeway Road Project) for Tax Increment Financing District No. 1 & Municipal Development District No. 1� RESOLUTION NO.Ol-12 RESOLUTION APPROVING MODIFICATION NO. 3 TO THE TAX INCREMENT FINANCING PLAN�AND DEVELOPMENT DISTRICT PLAN (FREEWAY ROAD PROJECT) FOR TAX INCREMENT FINANCING DISTRICT NO. 1 AND MUNICIPAL DEVELOPMENT DISTRICT NO. 1 WHEREAS, there has been presented to the City Council Modification No. 3 to Municipal Development District No. 1 of the City of Mendota Heights; and �- ' WHEREAS, it is desirable to modify fhe Development District Plan to add specific objectives to promote a variety of housing types for a range of incomes including specifically low and moderate income liousing for seniors, and the redevelopment of under-utilized property to create a mixed use "town center" in the city; and WHEREAS, there has been presented to the City Council, Modification No. 3 to the T� Increment Financing Plan for T� Increment Financing District No. 1, City of Mendota Heights; and WHEREAS, Minnesota Laws 2000, Ch. 490, Art. 11, Sec. 39, authorizes the expenditure of up to $4.5 million for the public improvements in the Freeway Road project from funds available frokn Tax Increment Financing District No. 1; and WHEREAS, it is desirable to modify the T� Increment Financing Plan to provide for the authorized expenditures and to indicate the purposes of those expenditures, including but not limited to acquisition and site assembly, removal of blighting existing uses, construction of new infrastructure and si�e improvements, and provision of area wide storm water drainage; and , ` , . � . WHEREAS, the City has completed the n�cessary procedural steps �for the modification of the MuniCipal Development District and the T� Increment Financing District�-plans, including a publi.c hearing held thereon after at least ten (10) days published notice in a newspaper of general circulation in the City, notification and receipt of comrnents from the affected taxing jurisdictions, review by the City Planning Department and notification of the County Commissioner for the area, all as more fully provided in the applicable statutes; and � '- � �f � , . �� WHEREAS, Modification No. 3 to the Tax Increment Financing Plan and the Development District Plan will further and permit accomplishment of the objectives described therein; and WHEREAS, the projects contemplated by the Municipal Development District Plan constitute a"development program" within the meaning of Minnesota Statutes, § 469.125, Subd. 3, and the modification to the Tax Increment Financing Plan is consistent with the provisions of the T� Increment Financing Act, Minn. Stat. § 469.174-469.179, and the expenditures contemplated in the Plan are permitted expenditures in furtherance of a "project," as more fully described therein. NOW, THEREFORE, be it resolved by the City Council of the City of Mendota Heights, Minnesota, as follows: 1. It is hereby found, determined and declaxed that: (a) Modification No. 3 to the Tax Increment Financing Plan for Tax Increment Financing District No. 1 is consistent with and authorized under Minnesota Laws 2000, Ch. 490, Art. 1 l, Sec. 39; (b) The proposed development or redevelopment as contemplated in the T� Increment Financing Plan as amended by Modification No. 3, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future, and therefore the use of Tax Increment Financing is deemed and determined to be necessary; (c) Modification No. 3 to the Tax Increment Financing Plan for Tax Increment Financing District No. 1 conforms to the plan for the development and redevelopment of the City of Mendota Heights as a whole; (d) Modification No. 3 to the Tax Increment Financing Plan for Tax Increment Financing District No. 1 is consistent with the "program" adopted as part of the Municipal Development District No. 1 Plan; (e) The "project" as contemplated under Modification No. 3 is substantially as described in the Livable Communities Grant Application for the Freeway Road — Town Center development funded by the Metropolitan Council under the Metropolitan Livable Communities Demonstration Account; and (� The Tax Increment Financing Plan as amended by Modification No. 3 will afford m�imum opportunity, consistent with the sound needs of the municipality as a whole, for the development or redevelopment of the proj ect by private enterprise. The reasons and supporting facts for each of the above determinations are as set forth in Modification No. 3 to the Development District Plan and the Tax Increment Plan and in various underlying staff reports and planning documents relating thereto submitted to this Council. 2. Modification No. 3 to the Development District Plan of Municipal Development District No. 1 is necessary to improve the district of the City identified in the Plan and to provide impetus for commercial development, the provision of a variety of housing types, including low and moderate income housing for seniors, the redevelopment of under-utilized property, the provision of necessary parking and linkages between parking and shopping and to protect pedestrians, and the development and redevelopment of this area cannot reasonably be expected to occur without governmental intervention as contemplated under Minn. Stat. § 469.124-469.134. 3. Modification No. 3 to the Tax Increment Financing Plan and Modification No. 3 to the Development District Plan is hereby approved and adopted, and the City shall undertake the activities described in Modification No. 3 through the use of Tax Increment Financing and the powers granted to the City in the Development District Law, Minn. Stat. § 469.124-469.134. 4. The City shall file a copy of Modification No. 3 with the Dakota County Auditor in accordance with Law. Motion for the foregoing Resolution was made by Council Member Dwyer and seconded by Council Member Krebsbach . Upon a vote being duly taken thereon, the following voted in favor of the Resolution: All Yea and the following voted against the Resolution: None and the following were absent: Schneeman WHEREUPON, the Resolution was declared duly passed and adopted the 20th day of March, 2001. ATTEST: By �,,.., /� athleen M. Swanson, City Clerk CITY COUNCIL CITY OF MENDOTA HEIGHTS By-�� �' ��-�' Charles E. Meternsotto, Mayor Page No. 2 April 3, 2001 e. Rescinding of Resolution No. 01-11, "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 PROGR.AM 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." f. Adoption of Resolution 01-14, "RESOLUTION APPOINTING MENDOTA HEIGHTS REPRESENTATIVES TO THE RECONVENED JOINT MINNEAPOLIS ST. PAUL INTERNATIONAL AIRPORT ZONING BOARD." g. Approval for the issuance of an on-sale 3.2 Non-Intoxicating Malt Liquor License to Mendota Heights Par 3 Golf. h. Approval of the list of contractor licenses dated April 17, 2001. i. Approval of the List of Claims dated April 17, 2001 and totaling $60,920.11. Councilmember Schneeman seconded the motion. Ayes: 4 Nays: 0 PARK AND RECREATION Councilmember Schneeman stated that she �vould like to discuss COMMISSION MINUTES park cleaning and that she would like to work with Assistant Hollister to set up a park cleaning day in May. She informed the audience that residents will be solicited to help with the clean up activity. Councilmember Schneeman moved to approve the minutes of the Parks and Recreation Commission meeting held on March 13, 2001. Councilmember Vitelli seconded the motion. Ayes: 4 Nays: 0