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V <br />Section 2. Findings. <br />2.01 The Council hereby finds that the Contract promotes the objectives outlined <br />e City's Modified Development Program established pursuant to Minnesota Statutes, <br />;ion 469.124 et seq. and the Tax Increment Financing Plan for Tax Increment <br />ncing District No. 32 (NWQ Special Law), as modified, established pursuant to <br />iesota Statutes, Section 469.174 et seq. and Laws of Minnesota 1998, Chapter 389, <br />le 11, Section 24. <br />Section 3. Authorization. <br />3.01 The Mayor and City Manager (the "Officers") are hereby authorized to <br />ate and deliver a First Amendment to the Contract for Private Redevelopment with <br />Brighton 14th Street, LLC, which extends the removal date of the Billboard to <br />amber 30, 2009. <br />Adopted by the Council of the City this 13th day of January, 2009. <br />Steve Larson, Mayor <br />116I.A. Maiers- = Dean R. Lotte , CiManager <br />Nor of Finance arm# Support Services <br />(S-EAL) <br />