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File #: Com 18-33    Version: 1 Name: Public Hearing for Creation South Terrace Cove Redevelopment District
Type: Report Status: Filed
File created: 10/4/2018 In control: City Council
On agenda: 10/4/2018 Final action: 10/4/2018
Title: PUBLIC HEARING FOR ESTABLISHMENT OF A REDEVELOPMENT TAX INCREMENT FINANCING DISTRICT NO. 1-21 (SOUTH TERRACE COVE) AND ADOPTION OF A TAX INCREMENT FINANCING PLAN
Sponsors: Erik Thorvig

PUBLIC HEARINGS- Erik J. Thorvig, Economic Development Coordinator

 

Title

PUBLIC HEARING FOR ESTABLISHMENT OF A REDEVELOPMENT TAX INCREMENT FINANCING DISTRICT NO. 1-21 (SOUTH TERRACE COVE) AND ADOPTION OF A TAX INCREMENT FINANCING PLAN                     

 

Background

Minnesota State Statute 469.175 requires a public hearing to be held prior to establishment or modification of any tax increment financing district. 

 

Recommendation

Hold the public hearing, take testimony and close the public hearing.  Adoption of the Plan will be done later in the agenda.