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RES 18-12
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RES 18-12
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2/21/2018 9:45:35 AM
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2/21/2018 9:45:35 AM
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City Government
type
RES
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2/20/2018
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Exhibit A <br />NOTICE OF PUBLIC HEARING <br />NOTICE IS HEREBY GIVEN that the City Council of the City of Elk River, <br />Minnesota (the "City") will hold a public hearing on Monday, April 16, 2018 at <br />approximately 6:00 p.m., at City Hall, 13065 Orono Parkway, Elk River, Minnesota, for <br />the purpose of conducting a public hearing on the proposal of the City to modify the <br />Development Program for Development District No. 1 (the "Modification"), establish <br />therein Tax Increment Financing District (Housing) No. 25 (the "TIF District') and adopt <br />the Tax Increment Financing Plan (the "TIF Plan") for the TIF District pursuant to <br />Minnesota Statutes, Section 469.124 through 469.133 and Sections 469.174 to 469.1794, <br />as amended. Copies of the Modification and TIF Plan are on file and available for public <br />inspection at the office of the Economic Development Director at City Hall. <br />The property to be included in the TIF District is located within Development <br />District No. 1 and the City. A map of Development District No. 1 and the TIF District is <br />set forth below. Subject to certain limitations, tax increment from the TIF District may <br />be spent on eligible uses within the boundaries of Development District No. 1. <br />[INSERT MAP of Development District No. 1 and the TIF District] <br />At the time and place fixed for the public hearing, the City Council will give all <br />persons who appear an opportunity to express their views with respect to the proposal. In <br />addition, interested persons may file written comments respecting the proposal with the <br />City Clerk at or prior to the hearing. <br />Publish: 12018 <br />Elk River Press <br />PI{EIEI Ir <br />NA URE <br />
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