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<br />~.,~..- <br />~ <br /> <br />.. .-",.,.. '! <br /> <br />... --'._'_._'_...~- ~_....,.. ._~-------~" "-_."--'f~ _.__._--:..~..__._~ <br /> <br />.. <br /> <br />~~ <br /> <br />ment or redevelopment of the City as a whole; and that the <br />Tax Increment Financing Plan will afford maximum opportunity <br />consistent with the sound needs of the City as a whole, for <br />the development of Tax Increment Financing District No. 6 by <br />private enterprise. <br /> <br />3.04. The Council further finds that the establishment <br />of Tax Increment Financing District No. 6 and the approval <br />and adoption of the Tax Increment Financing Plan relating <br />thereto is intended and, in the judgment of this Council, <br />its effect will be, to promote the public purposes and <br />accomplish the objectives specified in the Tax Increment <br />Financing Plan. <br /> <br />Section 4. Approval of the Modified Development Program <br />and Proposed Tax Increment Financing Plan. <br /> <br />4.01. The Modified Development Program for Development <br />District No.1, as amended, and the Tax Increment Financing <br />Plan for Tax Increment Financing District No. 6 are hereby <br />approved and adopted and shall be placed on file in the <br />office of the Clerk-Treasurer. <br /> <br />The motion for the adoption of the foregoing resolution <br />was duly seconded by councilmember Gregory Harcus , <br />and upon vote being taken thereon, the following voted in <br />favor thereof: <br /> <br />Bob Benke, Roger Blomquist, <br />Gregory Harcus, Steve Schmidt <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />Dated: April 26, 1985.. <br /> <br />/~ ,d>~ <br /> <br />Mayor tf <br /> <br />- <br />.- <br /> <br />A~EST: <br /> <br />~~ <br /> <br />=- <br /> <br />\~~{ <br /> <br />.cark-Treasurer <br /> <br />- 3 - <br />