HomeMy WebLinkAboutResolution 4623 ��� .
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��b. - CITY of ORONO
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�� �'�' RESOLUTION OF THE CITY COUNCIL
��SH.�4� NO. � � � �
, A RESOLUTION CALLING FOR A PUBLIC HEARING
ON THE PROPOSED ESTABLISHMENT OF
� DEVELOPMENT DISTRICT NO. 1 AND
TAX INCREMENT FINANCING DISTRICT NO. 1-1
NOW,THEREFORE,BE IT RESOLVED by the City Council(the"Council")for
the City of Orono, Minnesota(the"City"), as follows:
SECTION 1. Public Hearin�. .The Council shall meet on May 14, 2001, at
approximately 7:00 p.m.to hold apublic hearing on:(1)the proposed establishment of Development
District No. 1 and the adoption of a development program, and(2)the proposed establishment of
Tax Increment Financing District No. 1-1 and the adoption of a tax increment financing plan.�These
actions are taken pursuant to and in accordance with the Minnesota Statutes, Sections 469.124
� through 469.134 and Sections 469.174 through 469.179, inclusive, as amended, in an effort to
encourage the development of certain designated areas and the provision of housing within the City;
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SECTION 2. Notice of Public Hearin . Filing of Documents. City staff is
authorized and directed to work with Ehlers&Associates,Inc.,to prepare the Development Program
for Development District No. 1 and the Tax Increment Financing Plan for Tax Increment Financing
District No. 1-1 and to provide notifications as required by State Law. The City Administrator 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 no later than 10,nor more
than 30, days prior to May 14, 2001 and to place a copy of the Development Program and the Tax°
increment Financing Plan on file in the City Clerks's office at City Hall and to make such copy
available for inspection by the public. �
Adopted by the City Council this 12th day of March,2001.
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Barbara Peterson, Mayor :'� .;�,•,
ATTEST: ; ��, �'���
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Rachel Dodge, Deputy Clerk