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1999-04-08 Establishing New TIF 11 -1 Ool .. . e Michael C. Couri. Andrew J. MacArthur Marcus W. MiUer *ALR> licmsed in Illinois COURl & MACARTHUR Attorneys at Law 705 Central Avenue East PO Box 369 St. Michael, MN 55376-0369 (612) 497-1930 (612) 497-2599 (FAX) couriandmacanhur@pobox.com April 8, 1999 Wright County Board of Commissioners Wright County Government Center Ten Second Street N. W. Buffalo, MN 55313-1193 Re: City of AlbertvilleffIF District No. 11 Dear Commissioners: The City of Albertville is proposing to establish a new Tax Increment Financing (TIF) District in its Development District NO.1. TIF District No. 11 will be an economic development district intended to facilitate development of a manufacturing facility. The City has scheduled a public hearing on the TIF Plan for the district on May 3, 1999 at 7: 15 p.m. in the City Hall. Under Minnesota Statutes, Section 469.175, Subd. 2, the City is required to provide you with estimates of the fiscal and economic impact of these TIF Districts at least 30 days before the public hearing. Those impacts are summarized in the attached tables. To meet the construction schedule for this project, and permit the City to hold the public hearing on May 3, the City requests that your board waive the 30-day notice period, as permitted by Minnesota Statutes. I have enclosed a resolution for that furpose for approval at your meeting on April 13, 1999. I will be at your April 13' meeting to answer any questions you may have regarding this issue. The City welcomes any comments you might have on the proposed modifications at or before the public hearing on May 3. You will receive a full copy of the TIF Plan under separate cover. ~ "A e Wright County Board of Commissioners April 8, 1999 Page 2 of2 e If you have any questions, please contact City Administrator, Linda Goeb at City Hall. Thank you for your consideration of this matter. Very truly yours, /JdJ (~ Michael C. Couri' ~w/o/encl): Linda Goeb .. 1 Michael C. Couri. Andrew J. MacArthur Marcus W. Miller e COURl & MACARTHUR Attorneys at Law 705 Central Avenue East PO Box 369 St. Michael, MN 55376-0369 (612) 497-1930 (612) 497-2599 (FAX) couriandmacarthur@pobox.com e *AiJo liemstld in 1l1itroU April 8, 1999 Superintendent David Flannery Members of the School Board Independent School District 728 Elk River Area Public Schools 400 School Street NW Elk River, MN 55330 Re: City of Albertville/TIF District No. 11 Dear School Board Members: The City of Albertville is proposing to establish a new Tax Increment Financing (TIF) Districtin its Development District No.1. TIF District No. 11 will be an economic development district intended to facilitate development of a manufacturing facility. The City has scheduled a public hearing on the TIF Plan for the district on May 3, 1999 at 7: 15 p.m. in the City Hall. Under Minnesota Statutes, Section 469.175, Subd. 2, the City is required to provide you with estimates of the fiscal and economic impact of these TIF Districts at least 30 days before the public hearing. Those impacts are summarized in the attached tables. To meet the construction schedule for this project, and permit the City to hold the public hearing on May 3, the City requests that your board waive the 30-day notice period, as permitted by Minnesota Statutes. 1 have enclosed a resolution for that purpose for approval at your meeting on April 13, 1999. 1 can be available to appear at your April 13th meeting should you have any questions or believe that my presence is necessary. The City welcomes any comments you might have on the proposed modifications at or before the public hearing on May 3 . You will receive a full copy of the TIF Plan under separate cover. , Members of the School lard April 8, 1999 Page 2 of2 e If you have any questions, please contact City Administrator, Linda Goeb at City Hall. Thank you very much for your consideration of this issue. Very truly yours, lJdl{~ Michael C. Couri ~(w/o/encl): Linda Goeb .., ce..o ~ "'S~""'1''':J<;' ~~ ...... . I ' ... ~_... ' ~ rr-~" ~ ! ~~:-- ---- ~.~~~~tillH~~ I,~:~"h ~" ""'-~-3*1>'1; ~1::: " - 1" .' ,,~F'; ;1 :!Hal L.."T '''' z:~ "., ~ . Jj~ ". ) ~ ,"'~~~ ~. ~\ r !~l'<I ,. ,. ." ' -. "': "'" ~ Lk,n'S . ~' '612 .... '<' ~W.;,. ..~"' "..-... '.. City " ,," ," .- "'"" " -,' ~_, ;f1I(~!! . IC, ,~~. .:.:>. ",..; '"" ~~.,~t>C",.-."., "~\".,, " .,', ," :!!!I,::' ~ ","'," ", " ......""...., ~:';'13' ~ un:h 11M!- !i:iliL .. ,C'i' ' 'J;,' " ,,,!~:":" ~".'</;; ,~c::::ii ~~ ~I;rml ::; , ,",', '\,. 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