HomeMy WebLinkAboutPre Ordinance Taxing Entity Letter Signed
October 14, 2020
RE:
Urban Renewal Plan for the North CentralUrban Renewal Project
Dear Sir or Madam:
Enclosed is a copy of a formal noticethat will be published in the Standard Journalon
October 16and 30, 2020,
advising that the RexburgCity Council will hold a public hearing in
the City Council Chambers locatedintheRexburgCity Hall, 35 N. 1st East,Rexburg, Idaho,on
Wednesday, November 18, 2020, at6:30 p.m.
, to consider for adoption the
Urban Renewal
Urban Renewal Agency of
Plan for the North CentralUrban Renewal Project
the city of Rexburg, Idaho, also known as the Rexburg Redevelopment Agency(theAgency
Atthat time,the City Council will consider the firstreading of an ordinance adopting the Plan.
In compliance withIdaho Code § 50-2906, this letter serves as notice to you that the Plan
contains a revenue allocation financing provision and that the Agencyrecommends approval of
the Plan.As a portion of the Plan area extends beyond the city limits of the City of Rexburg (the
City), the City contemplates entering into aseparate intergovernmental agreementwith
MadisonCounty to address those areas outside the Citylimits, as may be required by Idaho Code
§ 50-2906(3)(b). MadisonCounty has already adopted a resolution declaring the need for an
urban renewal project for the North CentralArea.
A copy of the Plan andAgencyResolution No. 2020-5adopted by theAgencyBoardon
September 24,2020, are enclosed, along with the map and legal description(if you are receiving
this letter via email, copies of all of the referenced documents can be located at
https://laserfiche.rexburg.org/WebLink/0/fol/490186/Row1.aspx).A copy ofthe Plan is also
available at City Halland on the Agency
(http://www.rexburgurbanrenewal.org/districts/)for your review.You are encouraged to provide
your comments, either in writing or at the public hearing.
In the event you would like to schedule a separate meeting todiscuss the Plan,
representatives of the City will make themselves available to explain the Plan.
______________________________________________________________________
Mayor Jerry MerrillDeborah Lovejoy, City Clerk
Enclosures
cc:Ryan P. Armbruster
Meghan S. Conrad
Richard Horner
Stephen Zollinger
4811-0283-0026, v. 1