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<br />. <br /> <br />8. That the Modification is consistent with and conforms <br />to the Comprehensive Plan for the development of the City as a <br />whole, and to the City's adopted Land Use Plan. <br /> <br />(a) The Modification of the Plan is consistent with <br />and conforms to the City's Growth Management <br />Plan by providing financing to acquire for <br />redevelopment a key parcel of property in <br />downtown Elk River. <br /> <br />(b) The Modification is consistent with and conforms <br />to the City's Master Park and Recreation Plan by <br />providing financing for the acquisition of <br />several properties designated in the City's Park <br />Plan for park development. <br /> <br />(c) The Modification has been submitted to and <br />reviewed by the City's Planning Commission which <br />has found that the Modification conforms to the <br />City's Comprehensive and Land Use Plans. <br /> <br />(d) The Modification does not conflict with any <br />other known private proposals or other public <br />projects. <br /> <br />. <br /> <br />9. That the Modification will afford maximum <br />opportunity, consistent with the sound needs of the City as a <br />whole, for development by private enterprise. <br /> <br />10. That the Modification prepared by City staff and <br />consultants adequately serves the goals and objectives of TIF <br />Districts No. 1 and 3. <br /> <br />11. That the Modification has been transmitted by the <br />City to the Sherburne County Board of Commissioners and to the <br />School Board for Independent School District No. 728. <br /> <br />12. That notice of a Public Hearing on the Modification <br />has been published in the official newspaper of the City, as <br />required by Minnesota Statutes S 469.175, subds. 3 and 4. <br /> <br />13. That a Public Hearing on the Modification was held <br />before the City Council on April 15, 1991, and that an <br />opportunity to be heard was granted at that time to all <br />residents of the City and all other interested person. <br /> <br />RESOLVED <br /> <br />A. That the City Council of the City of Elk River hereby <br />approves the Modification of the Tax Increment Financing Plans <br />for Tax Increment Financing Districts No. 1 and 3. <br /> <br />. <br /> <br />B. That the City Council of the City of Elk River hereby <br />directs its staff and consultants to proceed to take those <br />steps necessary to implement the Modification. <br /> <br />2 . <br />