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City of <br /> Elk ---_� <br /> River <br /> Resolution No. 14- <br /> Resolution Calling for a Public Hearing on a Modification to the <br /> Development Program for Development District No. I, Establishment <br /> of Tax Increment Financing District No. 24, and the Adoption of a Tax <br /> Increment Financing Plan Therefor <br /> BE IT RESOLVED by the City Council (the "Council") of the City of Elk River,Minnesota (the <br /> "City"), as follows: <br /> Section 1. Public Hearing. This Council shall meet on April 21, 2014, at approximately 6:30 <br /> P.M., to hold a public hearing on a proposed modification to the Development Program for <br /> Development District No. 1 (the "Modification"),the proposed establishment of the Tax Increment <br /> Financing District No. 24 (a Housing District) (the "TIF District"), and the proposed adoption of a <br /> Tax Increment Financing Plan for the TIF District (the "TIF Plan"),pursuant to Minnesota <br /> Statutes, Sections 469.174 to 469.1794, as amended. <br /> Section 2. Notice of Public Hearing, Filing of Plans. City staff and consultants are directed <br /> and authorized to prepare the Modification and TIF Plan and to forward such documents to the <br /> appropriate taxing jurisdictions,including Sherburne County and Independent School District No. <br /> 728 (Elk River). The City Clerk is authorized and directed to cause notice of the hearing in <br /> substantially the form attached as Exhibit A hereto,together with an appropriate map as required by <br /> law, to be published at least once in the official newspaper of the City not less than 10,nor more <br /> than 30, days prior to April 21, 2014, and to place a copy of the Modification and TIF Plan on file in <br /> the City Clerk's office at City Hall and to make such copy available for inspection by the public. <br /> Adopted: March 3, 2014 <br /> John J. Dietz,Mayor <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> 432923v1 JSB EL185-22 <br />