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CITY OF FALCON HEIGHTS <br />PLANNING COMMISSION <br />• <br />RESOLUTION 84-: <br />• <br />• <br />WHEREAS, the City Council of the City of Falcon Heights, Minnesota, <br />has set a public hearing to establish a tax increment district in Develop- <br />ment District No. 2 to assist a developer through tax increment financing <br />and, <br />WHEREAS, the Planning Commission is concerned as to the length of time <br />said financing shall be granted, <br />NOW, THEREFORE, the Planning Commission recommends to the City Council <br />to consider tax increment financing not to exceed fifteen (15) years. <br />Upon a vote being taken the following voted in favor thereof: Olson, <br />Wallin, Mead, Trent-Sullivan, and Stefanson, <br />and the following voted against the same: Grittner and Black. Nilsen <br />abstained. <br />WHEREUPON, the resolution was declared duly passed and adopted. <br />ATTEST: <br />e ald Wallin, Secretary <br />Special Meeting of September 4, 1984 <br />Alan Ste anso , Chairman <br />