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<br />.:~ <br /> <br />._. .,.l <br /> <br />;.' <br />. >- ~ <br /> <br />-"'=."-. <br /> <br />.( <br /> <br />..." <br />. <br /> <br />COWlcil Member La r 'i "n ~... introduced the following resolution, <br />the reading of which was dispensed with by unanimous consent, and moved its adoption: <br /> <br />CITY OF NEW BRIGIITON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. QR-O?3 <br /> <br />A RESOLUTION CALLING FORA PUBLIC HEARING ON THE DECERTIFICATION <br />OF TAX INCREMENT FINANCING DISTRICT NO. 24. MODIFICATIONS TO THE <br />DEVELOP:MENT PROGRAM FOR DEVELOP:MENT DISTRICT NO.1 AND TAX <br />INCREMENT FINANCING PLANS FOR TAX INCREME1\T'f FINANCING DISTRICTS <br />NOS. 1 THROUGH 20, NO. 23. AND NOS. 25 THROUGH 27 AND THE CREATION OF <br />PROPOSED TAX INCREMENT FINANClNG DISTRICT NO. 28 AND THE APPROV.AI. <br />A1"\lD ADOPTION OF THE PROPOSED TAX INCREMENT FINANCING PLA.."N <br />RELATING THERETO. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the City of New Brighton, <br />Minnesota (the "City"), as follows: <br /> <br />Section 1. Public Hearing. <br /> <br />1.01. This Council shall meet on Tuesday, April 28. 1998 commencing at 7:30 <br />o'clock p.m. at City Hall) 803 ~ 5th Avenue NW, New Brighton, Minnesota, to hold a public <br />hearing on the following matters: (a) decertification of Tax Increment Financing District no. <br />24; (b) modifications to the Development Program for Development District No.1 (the <br />"Project Area") to reflect increased project costs and increased bonding authority, pursuant to <br />and in accordance V\ith Mirmesota Statutes, Sections 469.124 to 469.134. inclusive, as <br />amended and supplemented from time to time; (c) modifications to the Tax Increment <br />Financing Plans (the "Existing TIP Plans") for Tax Increment Financing Districts Nos. 1 <br />through 20, No. 23, and Nos. 25 through 27 (the "Existing TIF Districts") to reflect <br />increased project costs and increased bonding authority within the Project Area, pursuant to <br />Miunesota Statutes. Section 469.174 through 469.179, inclusive, as amended and <br />supplemented from time to time; and, (d) establishment of proposed Tax Increment <br />Financing District No. 28 (the "Proposed TIF District") and the approval and adoption of the <br />proposed Tax Increment Financing Plan (the "Proposed TIF Plan) relating thereto pursuant to <br />and in accordance with Minnesota S~tytes. Section 469.174 through 469.179~ inclusive, as <br />amended and supplemented from time to time. <br /> <br />1 <br />