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C. The City has performed all actions required by law to be <br />performed prior to the enlargement of Development District No. 2 <br />and the adoption of the modified Development Program relating <br />thereto, and the modification of Tax Increment Financing District <br />No. 2 -1 and the adoption of the modified tax increment financing <br />plan relating thereto, including, but not limited to, <br />notification of Ramsey County, Independent School District No. <br />623 and Special Intermediate School District No. 916 having <br />taxing jurisdiction over the property to be included in modified <br />Tax Increment Financing District No. 2 -1, a review by the City <br />Planning Commission of the proposed Development Program for <br />Development District No. 2, and the holding of a public hearing <br />upon published and mailed notice as required by law; and <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of <br />the City of Little Canada as follows; <br />1. Enlargement of Development District No. 2. There <br />is hereby established in the City of Little Canada Development <br />District No. 2, the initial boundaries of which are fixed and <br />determined as shown on Exhibit I -B of the Development Program. <br />2. Modified Development Program. The modified <br />development program for Development District No. 2, a copy of <br />which is on file in the office of the City Administrator, is <br />adopted as the Development Program for Development District <br />No. 2. <br />3. Modification of Tax Increment Financing District <br />No. 2-1. There is established in the City of Little Canada <br />within Development District No. 2 a tax increment financing <br />district, the initial boundaries of which are fixed and <br />determined as shown on Exhibit II -A -2 of the Tax Increment <br />Financing Plan. <br />4. Modified Tax Increment Financing Plan. The Tax <br />Increment Financing Plan is adopted as the tax increment <br />financing plan for Tax Increment Financing District No. 2 -1, and <br />the City Council makes the following findings: <br />(a) Tax Increment Financing District No. 2 -1 is a <br />redevelopment district as defined in Minnesota Statutes, Section <br />469.174, subd. 10(a)(2). The supporting facts are contained in <br />Exhibit II -B of the Tax Increment Financing Plan. <br />(b) The proposed redevelopment in the opinion of the <br />City Council, would not occur solely through private investment <br />1500 <br />39Hd 691L9@98 '8H 8t:bi 86,111h (3iM) dS NH930W SB9I38 W'J d <br />Page 2 <br />