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3. Resolution 5593 - Resolution of Intent & Call for Public Hearing - West Side TIFCharles A. Harhall Office of City Attorney City Attorney 201 First Avenue East P.O. Box 1997 Kalispell, MT 59903-1997 TO: Doug Russell, City Manage FROM: Charles Harball, City Attorney Tel 406,758.7709 Fax 406,758,7771 charball @kalispell.com SUBJECT: Resolution No. 5593 — A Resolution of Intent and Calling for a Public Hearing to Expand the West Side Tax Increment Financing District MEETING DATE: October 1, 2012 — Regular Council Meeting BACKGROUND: This last November the City Council approved the expansion of the West Side Urban Redevelopment District to include the core area of the city neighboring the railroad tracks. At that time the Council determined that it wished to hold the expansion of the existing West Side Tax Increment District overlay in abeyance until further planning efforts in this area were completed. The new proposed area was submitted to the Department of Revenue and the base values of the properties have been certified. The public and landowners of this area have been active over the past several months in the discussions with the city planning staff about the vision for the redevelopment of this area and there appears to be substantial public support for this. If it is the desire of the City Council to continue the public process toward expanding the boundaries of the West Side Tax Increment Financing District to coincide with the West Side Urban Renewal District so that TIF financing may be an available tool for redevelopment within that core area, Resolution No. 5593 states the intention of the Council to consider this possibility and calls for a public hearing. Notice of the public hearing will be given by publication and by mail to all property owners located within the existing and proposed areas of the TIF district. RECOMMENDATION: City Council should give consideration to and pass Resolution No. 5593. Resolution No. 5593 Memorandum September 27, 2012 Page - 2 FISCAL IMPACTS: Passage of this resolution has no fiscal impacts beyond the costs of publishing and mailing notice of the public hearing. Respectfully submitted, Charles all"City , ttorney Office of City Attorney City of Kalispell ►•, ��. 1 ', i a i R is L41.., i. r r r r BE IT RESOLVED by the City Council (the "Council") of the City of Kalispell, Montana (the "City"), as follows: Section 1. Recitals. 1.01. The Council, pursuant to Ordinance No. 1259, (the "Original Ordinance"), adopted on March 17, 1997, created the West Side Urban Renewal District as an urban renewal district (the "District") and approved the West Side Urban Renewal Plan (the "Plan") for the District containing a tax increment financing provision all as set forth in the Ordinance. 1.02. The Plan has been in continuous existence since adoption. 1.03. The Council, pursuant to Ordinance No. 1704, (the "2011 Ordinance"), adopted on November 21, 201.1, amended the boundaries of the West Side Urban Renewal District and approved amendments to the Plan (the "Amended Plan"). 1.04. The City's adoption of the Amended Plan by the 2011 Ordinance was done in conformance with the provisions of Montana Code Annotated, Title 7, Chapter 15, Part 42, as amended (the "Urban Renewal Act"). The provisions relating to amendments to the Urban Renewal Act do not apply to amendments to the Plan to add urban renewal projects since such amendments may be made in accordance with the provisions of the Original Ordinance as amended. Section 2. Expansion of the West Side Tax Increment Financing District. It is the intention of the city council to consider expanding the boundaries of the West Side Tax Increment Financing District to coincide with the modified boundaries of the West Side Urban Renewal District for the purposes of providing additional financing options to approved projects within the urban renewal plan. Section 3. Public Hearing. A public hearing is hereby called and shall be held on November 5, 2012, at or after 7:00 p.m. in the council chambers of City Hall on the proposed modification to the boundaries of the West Side Tax Increment Financing District. If it is necessary to reschedule or postpone the public hearing in order to meet the legally required notice requirements, the City Manager is authorized to reschedule the public hearing and make such modifications to the notice as may be required. Section 4. Notice. The City Clerk is directed to publish and mail the notice of the public hearing pursuant to statutory requirements in substantially the form attached as Exhibit A hereto. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS I ST DAY OF OCTOBER, 201.2. ATTEST: Theresa White City Clerk Tammi Fisher Mayor Im"111111aw., NOTICEA PUBLIC HEARING ON MODIFICATIONOF THE BOUNDARIES i INCREMENT FINANCING DISTRICT NOTICE IS HEREBY GIVEN that the City Council of the City of Kalispell, Montana (the "City") will meet on November 5, 2012, at or after 7:00 o'clock p.m. in the Council Chambers at City Hall, 201 First Avenue East, Kalispell, Montana, and shall hold a public hearing to receive evidence from. the public regarding its intent stated in Resolution No. 5593. Pursuant to Resolution No. 5593 the City Council will consider expanding the boundaries of the West Side Tax Increment Financing District to coincide with the modified boundaries of the West Side Urban Renewal District for the purposes of providing additional financing options for approved projects within the urban renewal plan. A map of the proposed modified boundaries is available for inspection on-line at www.kalispell.com under Mayor and City Council/Agenda or contact the City Clerk at City Hall, telephone (406) 758-7756. Written comments may be submitted to the City Clerk at the above noticed meeting, or prior to the meeting either by mail at P.O. Box 1997, Kalispell, MT 59903, by email at cityclerk@kalispell.com or in person at City Hall, 201 First Avenue East. Theresa White City Clerk Publish: October 10, 2012 October 17, 2012 October 24, 2012 U L- Cn 0 C} C a) a) R.. 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