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EDA TIF Request Page 3 <br /> March 11, 1996 <br /> • The EDA should also note that the City Council will be considering a <br /> resolution on 3/11/96 to support Marketech's loan request to the Central <br /> Minnesota Initiative Fund. The City Council has typically supported these <br /> loan requests and it is assumed that this resolution will again be approved <br /> for Marketech. <br /> Below is a proposed timetable to complete this request for TIF assistance. <br /> Please note that this timetable is ambitious and that it could be longer if the <br /> county or school takes the full 30 days as allowed by law to review the <br /> project. At this point, based on past practice, it is assumed that the County <br /> Board and School Board will not require the full 30 days to review the <br /> project. <br /> March 11 - EDA authorizes preparation of TIF Plan for Marketech, Inc.; <br /> EDA recommends that the City Council authorize a public <br /> hearing to consider the adoption of the TIF Plan; <br /> EDA recommends that the City Council approves the resolution <br /> supporting the CMIF Marketech loan request. <br /> City Council establishes public hearing date to consider TIF <br /> • <br /> Plan; City Council adopts resolution in support of the CMIF <br /> loan request. <br /> Mid March TIF Plan is sent to School District and County Board for review <br /> and comment. <br /> March 26 - School Board meeting. <br /> Planning Commission reviews TIF Plan. <br /> March 27 - EDA and City Council -TIF hearing notices published in Star <br /> News. <br /> April 2 - County Board meeting. <br /> April 8 - EDA conducts public hearing and adopts TIF Plan. <br /> April 8 or 11 - City Council conducts public hearing on TIF Plan. <br /> • <br />