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93-089
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Resolutions 1993
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93-089
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<br />t <br /> <br />Section 4. Modification. Approval and Adoption of the <br />Modified Tax Increment Financinq Plans Relatinq tQ Tax Increment <br />Financing Districts No. 1 throuqh No. 11. <br /> <br />4.01. The modifications to the modified Tax Increment <br />Financing Plans relating to Tax Increment Financing Districts <br />No. 1 through No. 21 reflecting increased project costs within <br />Development District No. 1 are hereby approved and adopted by the <br />Council of the City of New Brighton. <br /> <br />Section 5. Approval of the ~reation 2f Proposed Tax <br />Increment Financing District No. 22 and the Approval and Adoption <br />of the Proposed Tax Increment Financing Plan Relating Thereto. <br /> <br />5.01. The creation of proposed Tax Increment Financing <br />District No. 22 within Development District No. 1 and the <br />approval and adoption of the proposed Tax Increment Financing <br />Plan relating thereto are hereby approved and adopted by the <br />Council of the City of New Brighton. <br /> <br />Section 6. Filinq of Plans. <br /> <br />6.01. Upon approval and adoption of the modified <br />Development Program, modified Tax Increment Financing Plans and <br />proposed Tax Increment Financing Plan (collectively the "Plans"), <br />the City shall cause said Plans to be filed with the Minnesota <br />Department of Revenue. <br /> <br />Adopted by the Council of the City this 13th day of July, <br />1993. <br /> <br />The motion for the adoption of the foregoing resolution was <br />duly seconded by Councilmember LHson , and upon vote <br />being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Benke, Councilmembers Reb~lein, Larson <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />4 <br />
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