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HomeMy WebLinkAboutA012 - Procedure Sheet for Urban Renewal September 2014 a � September 2014 PROCEDURE FOR URBAN RENEWAL PROPERTY: To W a I V PAS 7RC-S(Z�_V_Gll :Fa-v-k, PROPERTY OWNER/DEVELOPER: =c-L.v Si ACTION DATE Staff presents Draft Urban Renewal Plan to City Council 1 Cj— I L — I City Council adopts Resolution of Necessity and refers Draft Plan to Planning&Zoning Commission for conformity 14 " 5 I q 1 Q —(`-(- —1�'f" ,31 City Council sets public hearing date and appoints a representative (Planning staff member) to consultation with taxing entities O ^I —1 Publication of Notice of Public Hearing(between 4 and 20 days �L prior to Hearing) Letters are sent to taxing entities inviting them to consultation on Draft Plan and advising them of Public Hearing in r t Deadline for recommendations by taxing entities for modification to JQ —a a — I`4 the Plan(taxing entities have seven days to make recommendations from consultation) 7. Deadline for Planner's response to taxing entities' recommendations for modifications to the Plan. 8. Planning&Zoning Commission makes recommendation on Draft Plan (No public hearing is required; however,public input may be received.) 9. Date of public hearing. Resolution No. adopting Plan and establishing an Urban Renewal Area Is'reading of Ordinance creating Tax-Increment Financing District Q I+ 10. 2"d reading of Ordinance creating Tax-Increment Financing District 11. 3"reading and adoption of Ordinance creating Tax-Increment Financing I District City Council approval of TIF Development Agreement(allowing rebate , L to Developer) 12. Publication of TIF Ordinance U ' l —1 4