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<br />ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY <br />CITY OF ELK RIVER <br />SHERBURNE COUNTY, STATE OF MINNESOTA <br /> <br />RESOLUTION NO. <br /> <br />RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF ELK RIVER CALL FOR <br />A PUBLIC HEARING ON THE MODIFICATION OF THE DEVELOPMENT PROGRAM FOR <br />DEVELOPMENT DISTRICT NO.1 AND THE ESTABLISHMENT OF DOWNTOWN PHASE I <br />TAX INCREMENT FINANCING DISTRICT NO. 22 (A REDEVELOPMENT DISTRICT). <br /> <br />BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Elk River Housing and <br />Redevelopment Authority, Elk River, Minnesota (the "HRA") as follows: <br /> <br />WHEREAS, the City Council (the "Council") of the City of Elk River, Minnesota (the "City") <br />established Development District No. 1 pursuant to Minnesota Statutes, Sections 469.174 to 469.1799, <br />inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated <br />areas within the City; and <br /> <br />WHEREAS, the HRA is proposing the modification of Development District No. 1 and the <br />establishment of Downtown Phase I Tax Increment Financing District No. 22, pursuant to, and in accordance <br />with, Minnesota Statutes, Sections 469.174 to 469.1799 and Sections 469.001 to 469.047, inclusive, as <br />amended; <br /> <br />NOW, THEREFORE BE IT RESOLVED by the Board as follows: <br /> <br />1. The HRA hereby requests that the Council call for a public hearing on September 20, 2004 to consider <br />the proposed adoption of the Modification to the Development Program for Development District No. 1 <br />and the proposed adoption of the Tax Increment Financing Plan for Downtown Phase I Tax Increment <br />Financing District No. 22 (collectively, the "Modification and Plan") and cause notice of said public <br />hearing to be given as required by law. <br /> <br />2. The HRA directs the Executive Director to transmit copies of the Modification and Plan to the Planning <br />Commission of the City and requests the Planning Commission's written opinion indicating whether the <br />proposed Modification and Plan are in accordance with the Comprehensive Plan of the City, prior to the <br />date of the public hearing. <br /> <br />3. The Executive Director of the HRA is hereby directed to submit a copy of the Modification and Plan to <br />the Council for its approval. <br /> <br />4. The HRA directs the Executive Director to transmit the Modification and Plan to the county and the <br />school district(s) in which Downtown Phase I Tax Increment Financing District No. 22 is located not <br />later than August 20, 2004. <br /> <br />5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Modification <br />and Plan and related documents and to undertake other actions necessary to bring the Modification and <br />Plan before the Council. <br /> <br />Approved by the Board on June 30, 2004. <br /> <br />Chair <br /> <br />ATTEST: <br /> <br />H:\SHRDOC\Downtown Revitalization\TIF\TIF Plan Docs\HRA request call res.DOC <br />