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97-038
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97-038
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<br />'. <br />" <br /> <br />,~ <br /> <br />'- <br /> <br />Councilmember Williams introduced the <br />following resolution, the reading of which was dispensed with by <br />unanimous consent, and moved its adoption: <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. <br /> <br />97-038 <br /> <br />A RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFICATION OF <br />THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1 AND THE <br />TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING <br />DISTRICTS NO. 1 THROUGH NO. 20 AND DISTRICTS NO. 23 THROUGH NO, <br />25 TO REFLECT INCREASED PROJECT COSTS WITHIN DEVELOPMENT DISTRICT <br />NO. 1 AND THE CREATION OF PROPOSED TAX INCREMENT FINANCING <br />DISTRICT NO. 26 AND THE APPROVAL AND ADOPTION OF THE PROPOSED TAX <br />INCREMENT FINANCING PLAN RELATING THERETO. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the <br />City of New Brighton, Minnesota (the "City"), as follows: <br /> <br />Section 1. <br /> <br />Public Hearinq. <br /> <br />1.01. This Council shall meet on Tuesday, July 22, 1997 <br />commencing at 7:30 o'clock p.m. at City Hall, 803 - 5th Avenue <br />NW, New Brighton, Minnesota, to hold a public hearing on the <br />following matters: (a) the modification of the Development <br />Program for Development District No. 1 to reflect increased <br />project costs, pursuant to and in accordance with Minnesota <br />Statutes, Sections 469.124 to 469.134, inclusive, as amended and <br />supplemented from time to time; (b) the modification of the Tax <br />Increment Financing Plans for Tax Increment Financing Districts <br />No. 1 through No. 20 and Districts No. 23 through No. 25 to <br />reflect increased project costs within Development District No. <br />1, pursuant to Minnesota Statutes, Section 469.174 through <br />469.179, inclusive, as amended and supplemented from time to <br />time; and, (c) the establishment of proposed Tax Increment <br />Financing District No. 26 and the approval and adoption of the <br />proposed Tax Increment Financing Plan relating thereto pursuant <br />to and in accordance with Minnesota Statutes, Section 469.174 <br />through 469.179, inclusive, as amended and supplemented from time <br />to time. <br />
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