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City of Mountain Iron, Minnesota



Resolution Number 13-18


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 RESOLUTION NUMBER 13-18

CALLING PUBLIC HEARING ON THE PROPOSED ADOPTION OF AN AMENDMENT TO THE DEVELOPMENT PROGRAM RELATING TO  DEVELOPMENT DISTRICT NO. 1, THE PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 16 WITHIN THE DEVELOPMENT DISTRICT NO. 1 AND THE PROPOSED ADOPTION OF A TAX INCREMENT FINANCING PLAN RELATING THERETO AND APPROVAL OF BUSINESS SUBSIDY

NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, as follows:

  1. Public Hearing. This Council shall meet on June 18, 2018, at approximately 6:30 p.m., to hold a public hearing on the following matters:  (a) the proposed adoption of an amendment to the Development Program relating to Development District No. 1 and (b) the proposed establishment of Tax Increment Financing District No. 16 (the “TIF District”) within the Development District No. 1; (c) the proposed adoption of a Tax Increment Financing Plan relating to the TIF District; and (d) the adoption of a business subsidy all pursuant to Minnesota Statutes, Sections 469.124 through 469.133 and Minnesota Statutes, Sections 469.174 through 469.1794, both inclusive, as amended (the “Act”), and Minnesota Statutes, Sections 116J.993 to 116J.995.

 

  1. Notice of Hearing; Filing of Program and Plan. The City Administrator is hereby authorized to cause a notice of the hearing, substantially in the form attached hereto as Exhibit A, to be published as required by the Act and to place a copy of the proposed amendment to the Development Program, the proposed Tax Increment Financing Plan for the TIF District, and the proposed business subsidy on file in the City Administrator’s Office at Mountain Iron city hall and to make such copies available for inspection by the public.

 

  1. Consultation with Other Taxing Jurisdictions. The City Administrator is hereby directed to mail a notice of the public hearing and a copy of the amendment to the Development Program and the Tax Increment Financing Plan for the TIF District to the Saint Louis County Auditor and the Clerk of Independent School District No. 712 informing those taxing jurisdictions of the estimated fiscal and economic impact of the amendment to the Development Program and the establishment of the TIF District.

 

DULY ADOPTED BY THE CITY COUNCIL THIS 16th DAY OF APRIL, 2018.

 

 

 

____________________________________

Mayor Gary Skalko

ATTEST:

 

 

 

__________________________________

City Administrator

 

EXHIBIT A

 

CITY OF MOUNTAIN IRON

COUNTY OF SAINT LOUIS

STATE OF MINNESOTA

NOTICE OF PUBLIC HEARING

 

NOTICE IS HEREBY GIVEN that the City Council (the “Council”) of the City of Mountain Iron, Saint Louis County, Minnesota, will hold a public hearing on Monday, June, 2018, at 6:30 p.m., at the city hall, in the City of Mountain Iron, Minnesota, relating to the proposed adoption of an amendment to the Development Program relating to Development District No. 1, the proposed establishment of Tax Increment Financing District No. 16 within the Development District No. 1, and the proposed adoption of a Tax Increment Financing Plan for Tax Increment Financing District No. 16, all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 through 469.133, as amended, and Sections 469.174 through 469.1794, as amended, and to adopt a business subsidy agreement, pursuant to Sections 116J.993 to 116J.995, all inclusive, as amended.  The recipient of the proposed business subsidy is Iron Range Tykes Learning Center Inc., and the purpose of the business subsidy is to facilitate the construction of a licensed daycare center within the City.  Copies of the modification to the Development Program and the proposed Tax Increment Financing Plan and a summary of the agreement are on file and available for public inspection at the office of the City Administrator at City Hall.

 

A person with residence in or the owner of taxable property in the granting jurisdiction may file a written complaint with the City if the City fails to comply with Sections 116J.993 to 116J.995, and no action may be filed against the City for the failure to comply unless a written complaint is filed.

The property included in the Development District No. 1 is described in the Development Program on file in the office of the City Administrator.  The property proposed to be included in Tax Increment Financing District No. 16 is described in the Tax Increment Financing Plan on file in the office of the City Administrator.

 

Maps of the Development District No. 1 and Tax Increment Financing Districts No. 16 are set forth below:

 

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All interested persons may appear at the hearing and present their views orally or in writing prior to the hearing.

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