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~ ~,''':i CITY OF NEW BRIGHTON RESOLUTION * 8 9 -...12.1 RESOLUTION CALLING FOR A PUBLIC HEARING ON T~E ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 18 WHEREAS, the City Council has established Development District No. 1 pursuant to Minnesota statutes Sections 469.124 through 469.134; and WHEREAS, within Development District No. 1 the City has established 17 tax increment financing districts in order to carry out the objectives of the Development District; and WHEREAS, the city Council wishes to consider the creation of another tax increment financing district, to be known as Tax Increment Financing District No. 18. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of New Brighton, Minnesota as follows: 1. 2. 3. 4. Holmes & Graven, Chartered is hereby authorized and directed to prepare a Tax Increment Financing Plan (Plan) for TIF district No. 18 and to file a copy thereof with the City Clerk. The City Clerk is authorized and directed to prepare a nOLice for publication in the official newspaper setting a public hearing on the Plan before the City Council on the 14th day of November, 1989, at 7:30 p.m. in the Council Chambers. The notice shall be published in the official newspaper at least 10, but not more than 30, days prior to such public hearing. The City Clerk is hereby authorized and directed to submit a copy of the Plan to the County and School District for comment and to notify the same of the time and place of the hearing to be held before the City Council. The City staff and consultants are authorized and directed to take all other actions necessary to bring the Plan before the City Council at the time of the public hearing. ~~ Robert B e, Mayor ---...................... -- - - " / \i[.A..~~..m.'!".".. '- .~.=---.-..-:..-'---.-. -. -.... .~:..._ ~. ;:- '<",_ A~ --'~. .:.- , --:: l\Iil.rg~~nc; .Clerk-Treasurer --- . ---- ,':,', .;- .... ,,~- - . ........ '.