City of Blaine Anoka County, Minnesota - File #: Com 21-01

• File #: Com 21-01
• Version: 1
• Name: Public Hearing - TIF Artis/Blaine 35
• Type: Report
• Status: Filed
• File created: 5/3/2021
• In control: City Council
• On agenda: 5/3/2021
• Final action: 5/3/2021
• Title: Public Hearing - Artis REIT Economic Development Tax Increment Financing (TIF) Plan, Development Agreement and Business Subsidy
• Sponsors: Erik Thorvig

Date	Ver.	Action By	Action	Result
5/3/2021	1	City Council	Informational: no action required

Public Hearing - Erik Thorvig, Community Development Director

Title

Title

Public Hearing - Artis REIT Economic Development Tax Increment Financing (TIF) Plan, Development Agreement and Business Subsidy

end

Executive Summary

This item is the required public hearing for the establishment of an economic development TIF district for Artis REIT.

Background

Minnesota State Statute 469.357 Subd. 3 requires that before any tax increment financing plan is approved by a municipality, a public hearing must be held. Please refer to the resolution item for background on the Artis REIT Blaine 35 Economic Development TIF District.

Strategic Plan Relationship

Not applicable

Board/Commission Review

Not applicable

Financial Impact

Not applicable

Public Outreach/Input

Not applicable

Staff Recommendation

Hold a public hearing and take testimony.

Attachment List

Not applicable