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AGENDA ITEM 5-D <br />STAFF ORIGINATOR Brian Wessel <br />DATE July 13, 1994 <br />TOPIC <br />Resolution Recommending the City Council Hold a Public <br />Hearing and adopt the Tax Increment Financing Plan for TIF <br />District 1-6 <br />The City has authorized preparation of a Tax Increment Financing Plan to establish Tax <br />Increment Financing District 1-6 in the Apollo Business Park (See attached map). This. <br />project TIF District is to provide public assistance for the UDO • U.S.A. distribution <br />facility. A special City Council meeting has been set for «`` V't'iold a public <br />hearing and adopt the Plan. The Planning and Zoning Board initiates this process. <br />through a resolution recommending the City Council hold the public hearing and adopt <br />the Plan. <br />1. Adopt the Resolution recommending the City Council hold a public hearing and <br />adopt the Plan. <br />2. Return to staff for further consideration. <br />.................... <br />Option 1 <br />