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<br />I'll <br /> <br />I <br /> <br />1.07. The Council has performed all actions required by law to be performed prior <br />to th pproval and adoption of the modified Program, the modified Existing Plans, the <br />Distri Plan and the Subdistrict Plan. <br /> <br /> <br />.04. It has been proposed that the Council approve the creation of Hazardous <br />ce Subdistrict No. 32A ("Subdistrict") within the District. the NW Quad and the <br />Area and approve and adopt the proposed Tax Increment Financing Plan <br />trict Plan") relating thereto, all pursuant to and in accordance with Minnesota <br />, Sections 469.174 to 469.1799, inclusive, as amended and supplemented from <br />time. <br /> <br />Subst <br />Proje <br />("Sub <br />Statut <br />time t <br /> <br />Coun <br />boun <br />the e <br />("NW <br />within <br /> <br />.05. The Special Law was adopted by the Legislature and approved by Ramsey <br />to assist the City in redeveloping the area bounded on the north by the south <br />ry line of Tax Increment District NO.8 extended to Long Lake Regional Park, on <br />t by 1-35W, on the south by 1-694, and on the west by Long Lake Regional Park <br />uad"). The proposed District and Subdistrict are coterminous and are situated <br />e NW Quad on the east side of Old Highway 8. <br /> <br />respe <br />costs <br />modi <br />incre <br />for th <br />prope <br />there <br /> <br />.06. The Council has caused to be prepared and has investigated the facts with <br />thereto: (1) a modified Program for the Project Area reflecting increased project <br />nd increased bonded indebtedness within the NW Quad and the Project Area, (2) <br />d Existing Plans for the Existing Districts reflecting increased project costs and <br />ed bonded indebtedness within the NW Quad and Project Area; (3) a District Plan <br />District; and, (4) a Subdistrict Plan for the Subdistrict, defining more precisely the <br />ies to be included, the public costs to be incurred and other matters relating <br /> <br />1.08. The Council hereby determines that it is necessary and in the best interests <br />City at this time to approve and adopt all modifications to the Program and the <br />Plans, to create the District and the Subdistrict, and to approve and adopt the <br />Plan and the Subdistrict Plan relating thereto. <br /> <br />Section 2. General Findings. <br /> <br />2.01. The Council hereby finds, determines and declares that the assistance to <br />be p vided through the adoption and implementation of the modified Program, the <br />modi d Existing Plans, the District Plan and the Subdistrict Plan (collectively the "Plans") <br />is ne ssary to assure the development and redevelopment of the Project Area and the <br />NW ad. <br /> <br /> <br />2.02. The Council hereby finds, determines and declares that the Plans conform <br />to th eneral plan for the development and redevelopment of the City as a whole in that <br />they e consistent with the City's comprehensive plan. <br /> <br />2 <br /> <br />, I! <br />