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<br />.:. <br /> <br />!- <br /> <br />Councilmember r:llnclp.rm:m 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. 92-130 <br /> <br />A RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFICATION OF <br />THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1 TO REFLECT <br />INCREASED PROJECT COSTS, THE MODIFICATION OF THE TAX INCREMENT <br />FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICTS NO. 1 <br />THROUGH NO. 19 TO REFLECT INCREASED PROJECT COSTS WITHIN <br />DEVELOPMENT DISTRICT NO. 1 AND THE ESTABLISHMENT OF PROPOSED TAX <br />INCREMENT FINANCING DISTRICT NO. 20 AND THE APPROVAL AND ADOPTION <br />OF THE PROPOSED TAX 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. Public Hearinq. <br /> <br />1.01. This Council shall meet on Tuesday, February 9, 1993 <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. 19 to reflect increased project costs within <br />Development District NO.1, pursuant to Minnesota Statutes, <br />Section 469.174 through 469.179, inclusive, as amended and <br />supplemented from time to time; and, (c) the establishment of <br />proposed Tax Increment Financing District No. 20 and approve and <br />adopt the proposed Tax Increment Financing Plan relating thereto <br />pursuant to and in accordance with Minnesota Statutes, Section <br />469.174 to 469.179, inclusive, as amended and supplemented from <br />time to time. <br /> <br />1 <br />