Notice of Public Hearing
CITY OF STAPLES
COUNTY OF TODD
STATE OF MINNESOTA
NOTICE OF PUBLIC HEARING
ON THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 1-8
WITHIN MUNICIPAL DEVELOPMENT DISTRICT NO. 1
PROPOSED BUSINESS SUBSIDY TO TIMBERLAKE HOTEL (MIKE AND MARY IVES)
NOTICE IS HEREBY GIVEN that the City Council (the “Council”) of the City of Staples, Todd County, Minnesota, will hold a public hearing on Tuesday, July 26, 2016, at 7:00 p.m., at the Staples City Hall in the City of Staples, Minnesota, relating to the (a) the proposed establishment of Tax Increment Financing District No.1-8 within Municipal Development District No. 1, and (b) the adoption of the Tax Increment Financing Plan relating thereto, all pursuant to and in accordance with Minnesota Statutes, Sections 469.174 to 469.1794, inclusive, as amended (the “Act”).
The property included in Tax Increment Financing District No. 1-8 is described in the Tax Increment Financing Plan on file in the office of the City Administrator. A map of the proposed Tax Increment Financing District is set forth below:
The hearing will also relate to (c) considering the proposed business subsidy agreement with Timberlake Hotel (Mike and Mary Ives), in accordance with Minnesota Statutes 116J.993 through 116J.995. Any person with residence in, or owner of taxable property in, the City of Staples may file a written complaint with the City if the City fails to comply with the Minnesota Statute noted above. If written notice is not filed with the City, no action may be taken against the City for failure to comply.
Copies of the modified Tax Increment Financing Plan as proposed to be adopted, along with a summary of the Business Subsidy Agreement as proposed to be adopted will be on file and available for public inspection at the office of the City Administrator at City Hall.
All interested persons may appear at the hearing and present their view orally or in writing.
BY ORDER OF THE CITY COUNCIL
/s/ Jerel Nelsen, City Administrator