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<br />.t <br /> <br />.. <br />.. <br /> <br />,{ <br /> <br />Council Member Larson introduced the following resolution, <br />the reading of which was dispensed with by unanimous consent, and moved its adoption: <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION N098-017 <br /> <br />A RESOLUTION CALLING FOR A PUBLIC HEARlNG ON THE MODIFICATIONS TO <br />THE DEVELOP11ENT PROGRAM FOR DEVELOPMENT DISTRICT NO.1 AND TAX <br />INCRE~NT FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICTS <br />NOS. 1 TIIROUGH 20 AND NOS. 23 THROUGH 26 AND THE CREATION OF <br />PROPOSED TAX INCRBl\1ENT FINANCING DISTRICT NO. 27 AND THE APPROVAL <br />AND ADOPTION OF THE PROPOSED TAX INCREMENT FINANCING PLAN <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) modifications to the Development Program for <br />Development District No.1 (the "Project Area") to reflect increased geographic area, <br />increased project costs and increased bonding authority, pursuant to and in accordance with <br />Minnesota Statutes, Sections 469.124 to 469.134, inclusive, as amended and supplemented <br />from time to time; (b) modifications to the Tax Increment Financing Plans (the "Existing TIP <br />Plans") for Tax Increment Financing Districts Nos. 1 through 20 and Nos. 23 through 26 <br />(the "Existing TIF Districts") to ref1ect increased geographic area, increased project costs and <br />increased bonding authority within the Project Area, pursuant to Minnesota Statutes, Section <br />469.174 through 469.179, inclusive, as amended and supplemented from time to time; and, <br />(c) establishment of proposed Tax Increment Financing District No. 27 (the "Proposed TIF <br />District") and the approval and adoption ofthe proposed Tax Increment Financing Plan (the <br />"Proposed TIF Plan) relating thereto pursuant to and in accordance with Minnesota Statutes, <br />Section 469.174 through 469.179, inclusive, as amended and supplemented from time to <br />time. <br /> <br />1 <br />