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AGENDA ITEM 4 <br />STAFF ORIGINATOR Brian Wessel, Community Development Director <br />DATE <br />TOPIC <br />June 12, 1995 <br />Public Hearing on the Modification of Tax ,, Increment <br />Financing District No. 1-4 (Blue Heron Ltd) <br />The modification of Tax Increment Financing District No. 1-4 has been adopted by the <br />Economic Development Authority to provide financial assistance to Blue Heron Ltd. <br />in the private portion of the Apollo Business Park to build a leasable office/warehouse <br />facility. This facility is in accordance with EDAAB's goal to establish an incubator <br />growth program to build a stronger commercial/industrial tax base and support long <br />term tax diversity. Centennial School District and Anoka County were sent copies of <br />the plan for comments, and none were received. This hearing is to receive comments <br />from the public. <br />1. Open the public hearing <br />2. Continue the public hearing <br />Option 1 <br />