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Cour_cil Member .Jacobs ' <br />• ~ introduc°d the <br />Lollowi ng resolution, t:ze reading cf winch was dis~e_~sed wi <br />unanimous consent, and moved its adoption. ~ r `'~ oy <br />CITY OF FALCON HEIGHTS <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION NO. 9 - 1 <br />A RESOLUTION CALLING FOR A Pt7BLIC HEARING ON <br />THE MODIFICATIONS TO THE DEVELOPMENT PROGRAM <br />FOR DEVELOPMENT DISTRICT NO. 1 INCLUDING THE <br />TAX INCREMENT FINANCING PLAN FOR ITS TAX <br />INCREMENT FINANCING DISTRICT NO. 2, AND THE <br />DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT <br />NO. 2 INCLUDING THE TAX INCREMENT FINANCING <br />PLAN FOR ITS TAX INCREMENT FINANCING DISTRICT <br />NO. 1 TO REFLECT INCREASED GEOGRAPHIC AREA, <br />INCREASED BONDED INDEBTEDNESS AND INCREASED <br />PROJECT EXPENSES WITHIN DEVELOPMENT DISTRICTS <br />NO. 1 AND NO. 2 <br />• <br />BE IT RESOLVED by the City Council (the "Council") of the City of <br />Falcon Heights, Minnesota (the "City"), as follows: <br />Section 1. Public Hearing. <br />1.01. This Council shall meet on Wednesday, January 24, 1996 <br />commencing at 7:30 o'clock p.m. at City Hall, 2077 West Larpenteur <br />Avenue, Falcon Heights, Minnesota, to hold a public hearing on the <br />following matters: (a) the modification of the Development Program <br />for Development District No. 1 and the Tax Increment Financing Plan <br />for Tax Increment Financing District No. 2 located therein, to <br />reflect increased geographic area, increased bonded indebtedness <br />and increased project expenses within Development District No. 1; <br />and (b) the modification of the Development Program for Development <br />District No. 2 and the Tax Increment Financing Plan for Tax <br />Increment Financing District No. 1 located therein, to reflect <br />increased geographic area, increased bonded indebtedness and <br />increased project expenses within Development District No. 2. All <br />modifications are pursuant to Minnesota Statutes, Sections 469.124 <br />to 469.134 and 469-.174 through x69.179, inclusive, as amended and <br />supplemented from time to time - <br />Section 2. Notice of Hear~ner• Filing of Plans. <br />• 2.01. The City Clerk is authorized and directed to cause notice of <br />the public hearing, substantially in the form attached hereto as <br />