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7.1 SR 10-05-2020
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7.1 SR 10-05-2020
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7/28/2021 1:56:33 PM
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10/5/2020
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The city has performed all actions required by law to be performed prior to the adoption and approval of <br />the Development Program Modification and the TIF Plan, including, but not limited to, delivery of the <br />Development Program Modification and the TIF Plan to the Board of Sherburne County and the Board <br />of Independent School District No. 728 and the holding of a public hearing published in the city's official <br />newspaper at least 10 but not more than 30 days prior to the public hearing. <br />Sherburne County provided comments regarding the establishment of Tax Increment Financing District <br />No. 26 in their letter dated September 22, 2020. <br />A public hearing must be held to approve the TIF Plan and to make the requisite findings in the <br />resolution required by Minnesota Statutes, Sections 469.124 to 469.133 and Sections 469.174 to 469.1794, <br />all inclusive, as amended, reflected in the program and TIF plan. <br />Financial Impact <br />N/A <br />Attachments <br />■ Joint Finance Committee Packet (September 16, 2020) <br />■ EDA Packet (September 21, 2020) <br />■ Notice of Public Hearing <br />■ Memo from Sherburne County (September 22, 2020) <br />■ Final Draft TIF Plan for TIF District No. 26 <br />■ Development Agreement <br />■ Resolution <br />
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