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<br />EXHIBIT A <br /> <br />RESOLUTION NO. <br /> <br />The reasons and facts supporting the findings for the apprO\Tal of the Sherburne County HRA. Rede\Telopment <br />Plan for Rede\Teloptnent Dist11.ct No.1 and tlle Project Plan for the Target Technology Center, as required <br />pursuant to tlle applicable J.\1innesota Statutes, Section 469.021 and 469.028, SlIbdilJision 2 are as follo\vs: <br /> <br />1. Finding that the RedelJelop/lient District 1"\]0. 1 and the Prqject Plan fOr the T all/t Tecbnology Center confOrllls to tbe <br />general plan fOr the develop/lient or redelJelop/lient of the /11tlJlicipali!J' as a lvhole. <br /> <br />TIle Planning Commission re\Tie\ved tlle Plan on ~August 23, 2005, and found tllat the Plan conforms <br />to tlle general de\reloplnent plan of tlle City and is consistent \Vitll tile City's COlnprehensi\Te Plan. <br /> <br />2. Finding that RedelJelopJJlent Dist17'ct No. 1 and the Prqject Plan fOr the T alget Technology Center lvill affOrd /Jlaxi/Jll1/11 <br />oppoltunitJJ, consistent lvith the sound needs of the Ci!JJ as a lvhole, fOr the develop/J1el1t or redevelop/lient oj~ <br />RedelJeloplllent District ]\To. 1 bJl prilJate enlelPrise. <br /> <br />TIle Rede\Telopment District No.1 and tile Project Plan for the Target Tecllnology Center \vill result <br />in increased employment in the City and tlle State oflvIinnesota, an increased tax base of tlle State, and <br />add a higll quality de\Telopment to tlle City. <br /> <br />S:\PLANNING\Case Files\2005\P 05-14 Elk Path Business Center 3rd\Elk River Council Resolution.doc <br />