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<br />'" <br /> <br />redevelopment of the City as a whole; and that the Plans will <br />afford maximum opportunity consistent with the sound needs of <br />the City as a whole, for the development of the Development <br />District and of Tax Increment Financing District Nos. 14 and <br />15 by private enterprise. <br /> <br />2.04. The Council further finds that the Plans are <br />intended and, in the judgment of this Council, their effect <br />will be, to promote the public purposes and accomplish the <br />objectives specified in the Tax Increment Financing Plans and <br />the Development Program for Development District No.1. <br /> <br />Section 3. Approval and Adoption of the Plans. <br /> <br />3.01. The Plans, as presented to the Council on this <br />date, are hereby approved, established, and adopted and shall <br />be placed on file in the office of the City Clerk-Treasurer. <br /> <br />Section 4. Certification of Assessed Value. <br /> <br />4~01. The officers of the City shall request the Direc- <br />tor of Property Taxation of Ramsey County to certify the <br />original assessed value of all real property within Tax <br />Increment Financing District Nos. 14 and 15, respectively. <br />The Plans shall also be filed with the Minnesota Department of <br />Trade and Economic Development. <br /> <br />The motion for the adoption of the foregoing resolution <br />was duly seconded by Councilmember Gunderman <br />and upon vote being taken thereon, the fOllowing voted in <br />favor thereof: <br /> <br />Councilmembers Brandt, Larson, Gunderman, Williams <br /> <br />and the following voted against the same: <br /> <br />none <br /> <br />Date of Adoption: March 22, 1988. ~J <br /> <br /> <br />y <br /> <br />--------=- <br />Acting Mayor <br /> <br /> <br />/- <br />~ <br /> <br />CIa, City Manager <br /> <br />Henry <br />