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City of <br /> Elk=' Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 4.5 <br /> Agenda Section Meeting Date Prepared by <br /> Consent October 7, 2013 Brian Beeman,Director of Economic <br /> Development <br /> Item Description Reviewed by <br /> Set Public Hearing for Black Hawk Housing Tax Jeremy Barnhart,Deputy Director, CODD <br /> Increment Financing Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Authorize by motion setting a Public Hearing for December 2,2013, for a proposed Black Hawk Woods <br /> Housing TIF district. <br /> Background/Discussion <br /> The Housing and Redevelopment Authority (HRA)will review the Blackhawk Housing TIF project at <br /> the October 7, 2013, regular HRA meeting. Historically, the City Council establishes a public hearing <br /> following a recommendation by the HRA. The school and county will also be notified of the project. <br /> A description of the Blackhawk project is outlined in the attached October 7, 2013,regular HRA meeting <br /> staff memo. <br /> Staff requests the City Council set the Public Hearing date for this project. Springsted,the city's Financial <br /> Consultant,will be available if needed to answer any questions pertaining to the project. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • Resolution Calling for TIF Hearing <br /> • HRA Blackhawk housing TIF packet dated October 7, 2013. <br /> P0WIAEO 0 <br /> NaA f RE] <br />