4.2. SR 04-06-1998 - Laserfiche WebLink

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NOTICE OF PUBLIC HEARING CITY OF ELK RIVER COUNTY OF SHERBURNE STATE OF MINNESOTA Notice is hereby given that the City Council of the City of Elk River, County of Sherburne, State of Minnesota, will hold a public hearing on Monday, April 6, 1998, at approximately 6 p.m. in the Elk River City Council Chambers at the Elk River City Hall, Elk River, Minnesota, relating to the proposed Modification to the Development Program for Development District No. 1 and the Tax Increment Financing Plan for Tax Increment Financing District No. 18 (an Economic Development Tax Increment Financing District), and the adoption of such Modification relating thereto, pursuant to Minnesota Statutes, Sections 469.090 through 469.1081 and Sections 469.174 through 469.179, all inclusive, as amended. Copies of the Modification and Plan are on file and available for public inspection at the office of the City Administrator, Elk River City Hall, 13065 Orono Parkway, Elk River, Minnesota. This public hearing is required to be held prior to creation of Tax Increment Financing District No. 18 in the City of Elk River. Tax Increment District No. 18 will provide a financing mechanism to correct soil conditions to allow for development of an office/warehouse/trucking facility on East Highway 10 and 171~t Avenue in Elk River, Minnesota. A map of Tax Increment Financing District No. 18, within Development District No. 1, is set forth below. Subject to certain limitations, tax increment from Tax Increment Financing District No. 18 may be spent on eligible uses within the boundaries of Development District No. 1. All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing. BY ORDER OF THE CITY COUNCIL OF THE CITY OF ELK RIVER, MINNESOTA, Patrick D. Klaers, City Administrator