District 2 Mod

CITY OF FOREST LAKE
NOTICE OF PUBLIC HEARING
WASHINGTON COUNTY
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Forest Lake, Washington County, State of Minnesota, will hold a public hearing on June 23, 2014, at approximately 7:00 P.M. at the City Council Chambers in City Hall, 220 North Lake Street, Forest Lake, Minnesota, relating to the City of Forest Lakes (the City) proposed adoption of a Modification to the Development Program for Development District No. 2 (the Development Program Modification), the proposed establishment of the Centennial Office Building Tax Increment Financing District (the TIF District) within Development District No. 2, and the proposed adoption of a Tax Increment Financing Plan (the TIF Plan) therefor (collectively, the Program and Plan), pursuant to Minnesota Statutes, 469.124 to 469.133 and Sections 469.174 to 469.1794, all inclusive, as amended. The City is in the process of completing inspections to qualify the TIF District as a redevelopment district. To the extent that the TIF District does not meet the requirements of Minnesota Statutes, 469.174, Subd. 10, the City will consider establishing a renewal and renovation district pursuant to Minnesota Statutes, 469.174, Subd. 10a. Copies of the Program and Plan are on file and available for public inspection at the office of the Finance Director at City Hall.
The property to be included in the TIF District is located within Development District No. 2 and the City of Forest Lake. A map of Development District No. 2 and the TIF District therein is set forth below. Subject to certain limitations, tax increment from the TIF District may be spent on eligible uses within the boundaries of Development District No. 2.
Centennial Office Building Tax Increment Financing District
Development District No. 2
City of Forest Lake
Washington County, Minnesota

Centennial Office Building Tax Increment Financing District

The boundaries of Development District No. 2 are coterminous with the city limits of the City of Forest Lake.
All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing.
BY ORDER OF THE CITY COUNCIL OF
THE CITY OF FOREST LAKE, MINNESOTA
/s/ City Administrator
Published in the Forest Lake Times June 5, 2014 231670
TIF District Detail

Comments Closed

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