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2005-032A CITY OF HOPKINS COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION 2005-03211 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCa ON THE PROPOSED ADOPTION OF A MODIFICATION OF THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-3 (A REDEVELOPMENT DISTRICT). BE IT RESOLVED by the City Council (the "Council") for the City of Hopkins, Minnesota (the "City"), as follows: Section 1. Public Hearing. This Council shall meet on June 21,2005 at approximately 7:30 P.M., to hold a public hearing on the proposed adoption of a modification to the Redevelopment Plan for Redevelopment Project No.1 (the "Redevelopment Plan Modification"), the proposed establishment of Tax Increment Financing District No. 1-3 (the "TIF District No. 1-3 "), a redevelopment district, and the proposed adoption of a Tax Increment Financing Plan (the "TIF Plan") therefor (the Redevelopment Plan Modification and the TIF Plan are referred to collectively herein as the "Plans"), all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 to 469.134, and Sections 469.174 to 469.1799, inclusive, in an effort to encourage the development and redevelopment of certain designated areas within the City; and Section 2. Notice of Public Hearing, Filing of the Plans. City staffis authorized and directed to work with Ehlers & Associates, Inc., to prepare the Plans for TIF District No. 1-3 and to forward documents to the appropriate taxing jurisdictions including Hennepin County and Independent School District No. 270. The City Clerk is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days prior to June 21,2005, and to place a copy of the Plans on file in the City Clerk's office at City Hall and to make such copy available for inspection by the public. Dated: April 19, 2005 Adopted: ~/~ May. ~ --