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03-028
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03-028
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<br />II <br /> <br />, . <br />~ ; ,- <br />~ .' i : .~. ' <br /> <br />Council MemberBgn Sweelev <br />, ; and moved its adoption: <br /> <br />introduced the following resolution, <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />: ; <br /> <br />RESOLUTION NO. 03-028 <br /> <br />: A RESOLUTION CALLING FOR A PUBLIC HEARING ON MODIFICATIONS <br />, TO THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO.1 <br />;: AND THE TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT <br />: FINANCING DISTRICTS NOS. 2,4-20,23, AND 25-29, CREATION OF TAX <br />I INCREMENT FINANCING DISTRICT NO. 30 AND ADOPTION OF A TAX <br />INCREMENT FINANCING PLAN RELATING THERETO. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the City of New <br />i I Brighton, Minnesota (the "City"), as follows: <br /> <br />Section 1. Public Hearing. <br /> <br />i; <br />. ; 1.01. This Council shall meet on Tuesday, May 27, 2003 commencing at <br />: I 7:30 o'clock p.m. at City Hall, 803 Old Highway 8 NW, New Brighton, Minnesota, to <br />. hold a public hearing on the following matters: (a) modifications to the <br />Development Program (the "Program") for Development District No. 1 (the "Project <br />Area") to reflect increased geographic area, increased project costs and increased <br />, . bonding authority; (b) modifications to the Tax Increment Financing Plans for Tax <br />i Increment Financing Districts Nos. 2,4-20, 23, and 25-29 to reflect increased <br />! . geographic area, increased project costs and increased bonding authority within the <br />Project Area; (c) creation of Tax Increment Financing District No. 30 (the "TIF <br />District"); and, (d) adoption of a Tax Increment Financing Plan (the "TIF Plan") <br />relating thereto, all pursuant to and in accordance with Minnesota Statutes, Sections <br />469.124 to 469.134 and 469.174 to 469.1799, inclusive, as amended and <br />supplemented from time to time. <br /> <br />I : Section 2. Notice of Hearing; Filing of Plans. <br /> <br />2.01 The City Clerk is authorized and directed to cause notice of the public <br />hearing, substantially in the form attached hereto as Exhibit A, to be published as <br />. required by law, to place a copy of the Program and TIF Plan (collectively the "Plans) <br />on file in the City Clerk's office and to make such Plans available for inspection by <br />the public. <br /> <br />Adopted by the Council of the City this 8 t h <br />Apr iI, 2003. <br /> <br />day of <br /> <br />I' <br />I <br />
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