Laserfiche WebLink
RESOLUTION 97 - 10 7 <br /> <br />A RESOLUTION FOR THE CITY OF ELK RIVER <br /> <br /> A RESOLUTION CALLING FOR A PUBLIC HEARING <br /> BY THE CITY COUNCIL ON THE MODIFICATION OF <br />DEVELOPMENT DISTRICT NO. 1 AND THE ESTABLISHMENT OF TAX <br />INCREMENT FINANCING DISTRICT NO. 17 <br /> <br />BE IT RESOLVED by the City Council (the "Council") for the City of Elk River, <br />Minnesota (the "City"), as follows: <br /> <br />Section 1. Public Hearing. This Council shall meet on Tuesday, February 17, <br />1998, at approximately 6 p.m., to hold a pubhc hearing on the proposed <br />modification of Development District No. 1 and the proposed estabhshment <br />of Tax Increment Financing District No. 17 (an Economic Development Tax <br />Increment Financing District), all pursuant to and in accordance with <br />Minnesota Statutes, Sections 469.090 through 469.1081, inclusive, as <br />amended, and Minnesota Statutes, Section 469.174 through 469.179, <br />inclusive, as amended, in an effort to encourage the development and <br />redevelopment of certain designated areas within the City; and, <br /> <br />Section 2. Notice of Public Hearing, Filing of Program and Plan. Staff is <br />authorized and directed to prepare the Development Program and the Tax <br />Increment Financing Plan (the "Program and Plan") and to forward <br />documents to the appropriate taxing jurisdictions including Sherburne <br />County and Independent School District No. 728. The City Administrator is <br />authorized and directed to cause notice of the hearing, together with an <br />appropriate map as required by law, to be published at least once in the <br />official newspaper of the City not later than ten nor more than 30 days prior <br />to February 17, 1998, and to place a copy of the Program and Plan on file in <br />the City Administrator's office at City Hall and to make such copy available <br />for inspection by the pubhc. <br /> <br />Passed and adopted by the City Council of the City of Elk River this 20th day of <br />October, 1997. <br /> <br />ATTEST: <br /> <br /> ra A. Thackeray, City Clerk <br /> <br /> <br />