010052009 December 5, 12
THE CITY OF MORGANTOWN
NOTICE OF PUBLIC HEARING
REGARDING CREATION OF REDEVELOPMENT DISTRICT NO. 4 AND APPROVAL OF WILLEY-SPRUCE-BROCKWAY REDEVELOPMENT PROJECT PLAN NO. 1
A public hearing will be held at a regular meeting of the City Council of The City of Morgantown (the “City Council” ) on TUESDAY, DECEMBER 16, 2014, at 7:00 p.m., prevailing time, in the Council chambers of the Morgantown City Hall, located at 389 Spruce Street, Morgantown, West Virginia, and at such hearing any person interested may appear before the City Council and present comments, protests and suggestions. All protests, comments and suggestions shall be heard by the City Council, and it shall then take such actions as it shall deem proper in the premises regarding an ordinance entitled:
AN ORDINANCE APPROVING AND CREATING A NEW TAX INCREMENT FINANCING DISTRICT IN THE CITY OF MORGANTOWN, MONONGALIA COUNTY, WEST VIRGINIA TO BE KNOWN AS “THE CITY OF MORGANTOWN REDEVELOPMENT DISTRICT NO. 4” ; APPROVING THE WILLEY-SPRUCE-BROCKWAY REDEVELOPMENT PROJECT PLAN NO. 1 AS APPROVED BY THE WEST VIRGINIA DEVELOPMENT OFFICE; ESTABLISHING A TAX INCREMENT FINANCING FUND AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH.
The above-entitled Ordinance has been adopted on first reading by the City Council at a meeting held on Tuesday, December 2, 2014.
The above-quoted title of the Ordinance describes generally the contents thereof and the actions contemplated thereby. The City contemplates enactment of said Ordinance. The Ordinance provides for the approval and creation of a new tax increment financing (“TIF” ) district, approval and certification of a project plan, and creation of a tax increment financing fund for such TIF District, all relating to the Willey-Spruce-Brockway Redevelopment Project Plan No. 1.
A certified copy of the Ordinance is on file for review during regular business hours at the office of Linda Little, City Clerk of The City of Morgantown, located at the Morgantown City Hall, 389 Spruce Street, Morgantown, West Virginia.
Dated: December 2, 2014.
By: /s/ Linda L. Little