Loading...
CR 95-233 Rescheduling Public Hearing On Creation TIF District 2-8December 14, 1995 Proposed Action 0 P K ` C� Council Report 95 -233 RESCHEDULE PUBLIC HEARING ON CREATION OF TIF DISTRICT 2 - 8 Staff recommends adoption of the following motion: Move to approve scheduling a public hearing for Tuesday, February 20, 1996, at approximately 7:30 p.m. in the Council Chambers at Hopkins City Hall. The Council previously scheduled this hearing for Tuesday, January 16, but due to timing issues staff is now recommending it be changed to Tuesday, February 20, 1996. With approval of this action, staff will publish the required hearing notices in the Sun Sailor. Overview A number of months ago, staff was approached by Doug Karon, president of Diamond Laboratories, regarding the possible redevelopment of the M. B. Hagen Little League field. His current proposal, due to soils conditions on the site, necessitates the use of tax increment financing to facilitate such redevelopment. Previously, the HRA approved Diamond Laboratories' preliminary tax increment application, and on November 21, 1995, Council approved Diamond Laboratories' Final Tax Increment Application. The recommended action to schedule a public hearing in no way obligates the City Council to certify the tax increment district. The action simply schedules a public hearing for a specific date, at which time certification of TIF District 2 -8 will be further discussed and public comments heard. Supporting Documents o Schedule for Approval of TIF District 2-8 Paul T. Stei an Community Development Specialist NAWPDATA1HOPIONSATIMISSCHEDULE HOPKINS HOUSING AND REDEVELOPMENT AUTHORITY AND THE HOPKINS CITY COUNCIL FOR THE MODIFICATION OF REDEVELOPMENT PROJECT NO.1 AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 2-8 (a redevelopment district) November 21, 1995 November 21 1995 December 19, 1995 December 29, 1995 January 15, 1996 January 23, 1996 Janaury 24, 1996 January 31, 1996 February 20, 1996 February 20, 1996 Schedule IRA requests the City Council to call for a public hearing. City Council calls for a public hearing to modify Redevelopment Ptoject No. 1 and establish Tax Increment Financing District No. 2 -8 for ranuary 16,1996. City Council changes pubIic hearing to February 20, 1996. Letter sent to County Commissioner (at least 30 days prior to publication of public hearing notice). Plans forwarded to School District(s) and County Board (at least 30 days prior to public hearing). Planning Commission finds Plans to be in compliance with the comprehensive plan. Send public hearing notice and map to local paper. Date of publication of hearing notice and map (at least 10 days but not more than 30 days prior to hearing). BRA approves the Plans. City Council holds public hearing on the modification of Redevelopment Project No. 1 and the establishment of Tax Increment District Financing District No. 24 and passes resolutions approving the Plans. February 21,1996 Ehlers/Publicorp certifies Plans to county and state.