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<br />. <br /> <br />e <br /> <br />e <br /> <br />RESOLVED <br /> <br />A. <br /> <br />That the City Council of the City of Elk River hereby <br />adopts each and everyone of the findings set forth <br />above. <br /> <br />B. That the City Council of the City of Elk River hereby <br />revokes the Tax Increment Financing Plan for TIF <br />District No.4 and abolishes TIF District No.4. <br /> <br />C. That the City Council of the City of Elk River hereby <br />directs its staff and consultants to proceed to take <br />the steps necessary to abolish and decertify TIF <br />District No. 4 and further requests the Sherburne <br />County Auditor to decertify TIF District No.4. <br /> <br />D. That Development District No. 1 shall remain in place <br />and the Development Program for Development District <br />No. 1 shall remain in effect. <br /> <br />The following Resolution was introduced by Councilmember <br /> <br />Kropuenske <br /> <br />and duly seconded by Councilmember <br /> <br />Ho1mgren <br /> <br />The following voted in favor of <br /> <br />the Resolution: <br /> <br />Mayor Tralle, Counci~embers Kropuenske, Holmgren, Schuldt <br />and Dobel <br /> <br />The following voted against: <br /> <br />None <br /> <br />The following were absent: <br /> <br />None <br /> <br />~ <br /> <br />Whereupon the Resolution was adopted. <br /> <br />, <br />ADOPWED: December 17, 1990 <br /> <br />/ <br />James Tralle, Mayor <br /> <br /> <br />2 . <br />