Res 2001 - 11 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 PlanMAR �1 20a1 1:07 PM FR BRIGGS & MORGAN 651 223 6450 TO 96514528940 P.04
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��TRACT C?F MLNUT�S 4F A MEETZNG OF THE
CZ'i'Y COUNCZL 4�' THE C�TY O�'
MENT�OTA ��IG�HTS, M]:�iNESOTA
HELY7: March 6, 2001
Purstzant ta due ca�l atzd notice therea�', a reguiar meeting of th� Ci�ty Councii of the Cit�
of Mendota �ieig,�its, U�lcota County, lV�innesota, was duly held at the City I�af 1 on �'uesday, the
dth tiay af March, 2001 at 7: 30 o'clock �.m. for the pur�ase, in part, of cal.li�g a public
heaxing on the �roposed reduction in size oi �xistinb �'ax Tncrement �inancing Distriot N'o. 1
withiu IV�uniei�a�. Development District No. 1 and fi.�e proposed adaption of a Modifieatian to the
�'ax �ncrement Financing Plan xelating thereto, the proposed adoptian of a IV.�oflificatic�n to the
3�evelopmen� P�ogram. for Municipal Developz�ent �istriet Na. l, and the proposed
establishmec�t of Tax Incremer�t Financing D�stzict No. 2 therein and the proposed. adoption of a
'Tax Inc�e�nent �inanein,g Flan relaiing thereto.
The f411owing Cau�citmembers were present: M�'�t2Tk50tt0 y vitelli, xrebsbach
and=� S chne eman
' and t�e following wexe absent: �wyer
COUIICI�iriem�8x Vitelli
maved its �.doption:
intraduced the following zesolu#ion and
RESQLUTION N0. 01-11
�SdLL1'��ON CALLING Pi.l'BLIC �EAit.iNG QN 'r`i�B PR4�OSE�
RE�77UCTION TN S.IZ'E OF E�STTNC TA.� INCREMENT
�'TNAI�TCING DIST`RIC'� ?�T4. 1 VtT�IN MUAIICIPAL I7EVELOPMENT
DiSTRICT NO. 1�1..ND �'�T� pROPQSED ADOFTI4I�T OF A IvZQDTFICA'X"XON
Tt3 T� TAX INCREMEN'T k�3AI�iCING T'LAN` RELA.TII�I'Cr THERE�`d,
THE FROFOSEl� ADOPTTC3N CiF A, NIObIF�CATrON TO THE T)EV�LOPMEN'�'
PR4G�:AM �'dR h�fJI�CIPA�, �IC�PAL �3�`�TELQPMEI�t'�' �tISTi2TCT NO. 1,
�.ND THE k�20POSED ESTABLSSH(MEN'� QF TAX
�NCI2EMENT �'NA1�CIltiiG DIS�`I.�ICT NO. 2 TH'ERE1N AND
THE P�t,(JPOSED ,ADOl'TION OF A TAX �NCREMENT
FZNAI�I"CiNG PLAN REL�TTNG TH��Td
BE ZT RESOLVED by t�E City Co�zncil (�he "Councii") of t�.e City of NEendota Heigki�s,
Minnesota. (the "Cit�"), as fcallows:
1. Public Heanin�. This Council shall �eet an Tuesday, April i7, 2001, at
apprc�ximately B:OQ p,m., to hald a public hearinb an the �'ollo�ving mattexs: {a) ih� proposed
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MAR 01 20a1 1:07 PM FR BRIGGS & MORGAN 651 z23 6450 TO 96514528940 P.05
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reduction in size of �xisting Tax Incren�,e�t Financing T�istrict No. I within Municipal
Development Distri,ct Na. 1, (b) the proposed adoption of a Modification ta the Tax Tx�cxeznent
Financing P�a.n, xelating thereto, (c) the proposed adoption of a Modi�catioz� to the Development
�rogram for Municipal I�evelo�ment District No. 1, (d) the pxoposed establishment of Tax
Increment Financing District No. 2, ar�d (e) the proposed adoption of a Tax increment Finatacxz�g
P1an relating thereto, all puz-suar�t to and in accordance with Mi�nesota Statutes, Sections
469.124 through 469.i34, both inclusive, as azx�ez�ded az�d Minnesota Statutes, Sections �69.174
through 469.i79, boih inclusive, as azr�ez�ded (collectively, the "Act").
2. Notice of Heaz�� ; Filing of Plan Modi�cation. Pro�ram Modification and Plan.
The City Clerk as hereby aut�orized to cause a notice of the hearing, su$stantially in the �o�
attached hereto as Exhibit A, to be published as required by the Act and to place a� copy o£the
proposed Modzfication to the Tax Tncrement Financirtg Plar►., lVZodx�"ication to the Development
Program, an@ Tax 7ncrement Financing P�an on file in the Clerk's Office at City �Tall and to make
such copies available �or xx�sgection by the public.
The motion for the adoptxon of the foregoing resolution was duly seconded by
Councilmember S�hneeman and upon vote being taken thereon, the £o�lowxng
voted in favor
and the folior�ving voted against the same: none
Whexeupon said resolution was declared duly passed a�nd adopted.
ADOPTED BY THE City Council of the City of Mendota Heights this 6th day of March, 2001.
CITY COUNCIL
CITY OF MENDOTA HEIGHTS
By : .�.,,-� �, G�l�..�-.�
Charles E. Mertensotto
Mayor
i222�z�.3 2
MAR 01 2001 1:�8 PM FR BRIGGS & MORGAN 6�1 z23 6450 TO 965145z8940 P.07
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M�.i.lt: Y =
CZ'Z'Y QF M:�NDp'�A �IEIGT�TS
CdUN'I'� OF DA�.�TA
STA,TE OF Ml1VNESOTA
NQ'Z'ZCE OF PUSL�C �Att,ING
dN REDTJCTiflN IN' SIZE OF ��ISTIlVG TAX
IN'CR�MEN',�' FINAN'C]NG DZST�CT NO. 1 WT"!'�iFN
M:�INIC3PA,�, DE'V'�LOPM�NT DISTRIC'� NO. 1 AND
ESTABLTS�MEN�' OF TA� INC�EMENT �"TNANCA�TCr bIS'TR�CT N4. 2 THER�IN
NO'��CE IS �iEREB'X GTVEN that the City Council (the "Council'') af the City o#`
Mendo#a �ei�hts, Dakota County, Minnesota, wiil hold a publ�c hearing on T�.esday, April 17,
2001, �t 5:00 p.m., at the Mendota Heights CiEy �Ta11, 1101 Victoria Gurve, in the Cit� of
Mendota Heiahts, Miruxesotaa relating to the �aroposed reduction in size of existing Tax
Tncrement Fi.nanc�.ng �istrict No. � vt�i�.hin Municipai Development Taistrict No. 1 and the
propased adoptian of a Modifica#ian ta t�ie T� Increment �inancing P�an thereta, the prQposed
adoption t��` a YVlodification to the Develop�ent Program for Municipal Derrelopment District No.
1, and the pzoposed esiablish�ent Qf Tax IuCrexnent Finane�g 3�istrict Na 2 a�t�,d th� proposed
adoption of a�a� Increment Fir�at�cing Plan thexefor, within �unicipal D�ve�ppmeni District
No. l, pursuant to Miru�esota Statutes, Sectian 469.174 through 469.I79, inc�usive, as amended.
Copies of the NSodification to the T� Tncremez�t Fis�ancing P�an, IVlodi�cation to th�
Development Pz�agzam, and Tax �crement Fina�cing Plau as praposed to be adopted will be ozz
#'zle and available for �ublic inspectiQn at the office of t�ie Ci€�r Cl�rk at City �all.
The propezty praposeci to be deleted firom existing Tax �ncrement �irtancizzg District No.
1 and �nc3uded 3n Tax �Czcrement Finan�cing Distriot No. 2 is descr�bad in th� Tax Increment
izzzts�.s A-i
MAR 01 �001, 1:�8 PM FR BRIGGS & MORGAN 6S1 2�3 6450 TO 96514528�40 P.08
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Financing P�at� oz� file in the office of th� City Cle�rk. Municipal Development bistrict No. 1 is
coterminous with the entire corporat� baundaries o#" the �ity of Mendota Heigk�ts.
A map o�Municipal Development D�sirict No. 1, and �ropet�.y to be deleted fram existing
�"ax �icrem�nt Financing Uxstrict 1Vo. 1 and inciuded in Ta�c Increment Financ�z�g District No. 2
is set forth below:
jINS.EI2T 1VIA.P' of Municipal Develo,pment District No. 1, and property to be deteted
from �;xisting Ti� Incremef�t ,Financing District No, 1 and rncluded in �'cz,� 1'nc�'e»tent Financing
DistrictNa 2�j
All interested persons may appear at the hearing a,nd present their view orally oz iz�
w�ltlzi�.
Dated: �aroh 6, 2001.
�ublished: ApriZ lst]
tzz2ia�.3
A-2
BY C?�tDER O� THE C�'Z'�.' CUUNCl�
�s/ i�athleen �. Swanson
Clerk