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<br />interest and accolnplisI1 certain objecti\res as specified in tlle Program and Plan, \vruch are hereby <br />incorporated 11erein. TIle findings of the Council in tlle Program and Plan are based on \ral1.0US studies, <br />reports and facts a\railable to the Council and are neitller arbitrary nor unreasonable. <br /> <br />Section 3. <br /> <br />Findings for tile -L<\ppro\ral of the SllerblUne County HM's Rede\Teloplnent District No. <br />1 and Project Plan. <br /> <br />3.01. TIle Council hereby finds tllat the Program and Plan are in tile public interest and are a <br />furtllerance of tlle public Ilealtll, safety and \velfare. <br /> <br />3.02. TIle Council furtller finds tllat tlle proposed de\Telopment \vill afford lnaximmll <br />opportunity consistent \vitll tlle sound needs of tlle City as a \vllole, for tile de\Telopment of the Target <br />Tecllnology Center by pri\Tate entelprise as set fortll in Exllibit A. <br /> <br />3.03. TIle Council furtller finds, declares and determines tllat the City made the abo\re findings <br />stated in tllls Section and llas set forth tlle reasons and supporting facts for each determination in <br />\vriting, attacl1ed Ilereto as Exlubit ...r\. TIle Council has revie\'ved tlle attacl1ed Exlllbit i\ and finds it to <br />be accurate, correct and in tlle best interest of tlle I1ealtll, safety and \velfare of tlle City. <br /> <br />Section 4. <br /> <br />Public Purpose <br /> <br />4.01. TIle adoption of tlle Program and Plan conforms in all respects to tlle requirelnents of <br />i\1iJlllesota Statutes 469.027 and 469.028, subd. 2, and \villIlelp fulfill a need to de\Telop an area of tlle City, <br />to pro\Tide employment opportunities, to unpro\re the tax base and to imprO\Te tlle general econolny of <br />tlle State and tllereby serves a public purpose. <br /> <br />Section 5. <br /> <br />j\ppro\ral and -L"-\doption of tlle Program and Plan. <br /> <br />5.01. TIle Program and Plan, as presented to tlle Council on tllls date, including \Vitllout <br />limitation tlle findings and statelnents of objecti\res contained tllerein, are hereby reviewed and <br />appro'ved, and s1lal1 be placed on file in the office of the Sherburne County HM. <br /> <br />TIle lnotion for tlle adoption of tlle foregoing resolution \vas duly seconded by Councillnelnber <br />, and upon a ,Tote being taken tllereon, tlle follo\'ving 'Toted in fa\ror tllereof: <br /> <br />and tlle follo\ving ,roted against tlle salne: <br /> <br />Dated: September 6, 2005 <br /> <br />ATTEST: <br /> <br />:i\Iayor <br /> <br />(Seal) <br /> <br />S:\PLANNING\Case Files\2005\P 05-14 Elk Path Business Center 3rd\Elk River Council Resolution.doc <br />