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<br />. <br /> <br />. <br /> <br />. <br /> <br />7. That the proposed Development Program for Development District <br />No.1, prepared by City staff and consultants, adequately and <br />accurately sets forth the goals, objectives and other details <br />regarding the Development District. <br /> <br />8. That the Development Program has been submitted to and reviewed <br />by the Planning Commission for the City of Elk River and that <br />the Planning Commission has been consulted with respect thereto. <br /> <br />9. That the Development Program is consistent with the City's <br />Comprehensive and Land Use Plans. <br /> <br />10. That notice of a public hearing on the designation of the Develop- <br />ment District and adoption of the Development Program has been <br />published in the official newspaper of the City, as required by <br />Minnesota Statutes Section 472A.03. <br /> <br />11. That a public hearing on the designation of the Development District <br />and adoption of the Development Program was held before the <br />City Council on April 1, 1985 and that an opportunity to be <br />heard was granted at that time to all residents of the City and <br />to all other interested persons. <br /> <br />12. That designation of the Development District and adoption of the <br />Development Program is in the public interest because: <br /> <br />a.) It will discourage commerce, industry, or manufacturing <br />from moving their operations to another state: and <br /> <br />b.) It will result in increased employment in the City: and <br /> <br />c.) It will result in preservation and enhancement of the tax <br />base of the City. <br /> <br />RESOLVED: <br /> <br />A. That the City Council for the City of Elk River hereby designates <br />that portion of the City set forth on the map attached as Exhibit <br />A to the Development Program for Development District No. 1 as <br />Development District No. 1 of the City of Elk River. <br /> <br />B. That the objectives of Development District No. 1 shall be those <br />set forth in the Development Program for Development District No. <br />1. <br /> <br />C. That the City Council for the City of Elk River hereby adopts <br />the Development Program for Development District No. 1 in its <br />entirety. <br /> <br />D. That the City Administrator is hereby designated the Administrator <br />for Development District No. 1 and, for the purpose of administering <br />the Development District, is hereby granted all powers set forth <br />in Minnesota Statutes Section 472A.IO, subject to such rules and <br />limitations as may be adopted by the City Council. <br />