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04-10-2013 Council Agenda
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04-10-2013 Council Agenda
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MUNICIPAL ACTION TAKEN <br />(This Municipal Action is only for convenience of reference.) <br />Based upon the statutory authority described in the Development Program attached hereto, the public purpose <br />findings by the City Council and for the purpose of fulfilling the City's development objectives as set forth <br />in the Development Program, the City Council has created, established and designated Development District <br />No. 6 pursuant to and in accordance with the requirements of the Municipal Development District Act and <br />the TIF Act as defined in the definitions of this document. <br />Tax Increment Financing District No. 6 -1, a redevelopment tax increment financing district, was established <br />at the same time that the Development District No. 6 was established. <br />The following municipal action was taken in connection therewith: <br />Development District No. 6: <br />Tuly 22, 2009: The Development Program for Development District No. 6 was adopted by the City in and for <br />the City of Little Canada. <br />April 10. 2013: The Development Program for Development District No. 6 was modified by the City in and <br />for the City of Little Canada. <br />Tax Increment Financing District No. 6-1:. <br />luly 22. 2009: The Tax Increment Financing Plan for Tax Increment Financing District No. 6 -1 was adopted <br />by the City in and for the City of Little Canada. <br />April 10. 2013: The Tax Increment Financing Plan for Tax Increment Financing District No. 6 -1 was <br />modified to expand the boundaries of the TIF District. <br />
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