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NOV 16 '95 03.00PM EHLERS & ASSOCIATES <br />enterprise. <br />P. 5/6 <br />2.03. The City reaffirms the findings previously made pursuant to Minnesota Statutes, Section <br />469. 175, Subd. 3, with respected to the TIF Districts. In addition, the City makes the following findings as <br />found in Exhibit A. <br />Section 3. Public Purpose <br />3.01. The Programs and Plans conform in all respects to the requirements of the Act and will help <br />fulfill a need to develop areas of the City which are already built up to provide employment opportunities, <br />to improve the tax base, and to improve the general economy of the State and thereby serve a public purpose. <br />Section 4. Approval of the Programs and Plans. <br />4.01. The Programs and Plans are hereby approved and adopted, and shall be placed on file in the <br />office of the City Administrator. <br />4.02. The City staff of the City, the City's advisors and legal counsel are authorized and directed <br />to proceed with the implementation of the Programs and Plans and to negotiate, draft, prepare and present <br />to this Council for its consideration all further plans, resolutions, documents and contracts necessary for this <br />purpose. <br />4.03. The City staff of the City, the City's advisors and legal counsel are authorized and directed <br />to file a copy of the Programs and Plans with the Commissioner of Revenue and transmit a copy of the <br />Programs and Plans with the Auditor of Ramsey County. <br />The motion for the adoption of the foregoing resolution was duly seconded by Council member <br />and upon a vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same; <br />Dated: November , 1995 <br />Mayor <br />ATTEST: <br />City Administrator <br />- 2 - <br />Page 18 <br />