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05-111
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05-111
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12/29/2005 1:23:19 AM
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12/22/2005 9:37:53 AM
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<br />EXHIBIT A - GENERAL FINDINGS <br /> <br /> <br />sons and facts supporting the findings for the District Plan for the District and the <br />rict Plan for the Subdistrict pursuant to Minnesota Statutes, Section 469.175, <br />sion 3, are as follows: <br /> <br />inding that the assistance to be provided through the adoption and <br />entation of the District Plan and the Subdistrict Plan is necessary to assure <br />elopment and redevelopment of the Project Area and the NW Quad. <br /> <br />he tax increment assistance that will result due to the implementation of the <br />Distri Plan and the Subdistrict Plan is necessary for the proposed project to proceed. <br />Pleas refer to Exhibit XXXIV-D of the District Plan and Exhibit XXXV-D of the Subdistrict <br />Plan. <br /> <br /> <br />Finding that the District Plan and the Subdistrict Plan conform to the general <br />r the development and redevelopment of the City as a whole in that they are <br />tent with the City's comprehensive plan. <br /> <br />The Council has reviewed the District Plan and the Subdistrict Plan and has <br />ined that they conform to the City's Comprehensive Plan. <br /> <br />Finding that the District Plan and the Subdistrict Plan afford maximum <br />unity, consistent with the sound needs of the City as a whole, for the <br />pment and redevelopment of the Project Area and the NW Quad by private <br />rise, and it is contemplated that the development or redevelopment thereof <br />carried out pursuant to development contracts with private developers. <br /> <br />Please refer to the attached Exhibits Band C, respectively, for specific information <br />to the District and the Subdistrict. <br /> <br />Finding that the approval and adoption of the District Plan and the <br />i trict Plan is intended and, in the judgment of this Council, its effect will be to <br />te the public purposes and accomplish the objectives specified in said <br /> <br />The tax increment that will be generated due to the approval and adoption of the <br />Plan and the Subdistrict Plan will assist in financing the public improvements and <br />expenses as detailed in said Plans. <br /> <br />6 <br />
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