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<br />e <br /> <br />e <br /> <br />e <br /> <br />Increments collected over the 10 to 11 year period would be <br />used to retire the TIF bond. <br /> <br />The proposed timetable to complete Kjellberg's request for TIF <br />assistance is as follows: <br /> <br />October 18 - city Council sets public hearing to consider TIF <br />Plan; TIF Plan is sent to School District and <br />County Board. <br /> <br />October 26 - School Board meeting. <br /> <br />October 28 - Planning Commission reviews TIF Plan. <br /> <br />November 2 - County Board meeting. <br /> <br />November 3 - Public hearing notices published in the Star <br />News. <br /> <br />November 15 - EDA conducts public hearing and adopts TIF Plan; <br />EDA conducts public hearing on the sale of the <br />redevelopment site. <br /> <br />November 15 - City Council conducts public hearing on TIF Plan. <br /> <br />ACTION REQUESTED <br /> <br />The Elk River City Council is asked to schedule a public <br />hearing for November 15, 1993, to consider a Tax Increment <br />Financing Plan for Tax Increment District No. 12. <br /> <br />RECOMMENDATION <br /> <br />I recommend that the City Council schedule a public hearing for <br />November 15, 1993, to consider the above-referenced TIF Plan. <br />