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AGENDA ITEM 4A <br />STAFF ORIGINATOR Brian Wessel, Community Development Director <br />DATE June 12, 1995 <br />TOPIC Consideration of Resolution #95-65 Approving Modification <br />of Tax Increment Financing Plan for Tax Increment Financing <br />District No. 1-4, Apollo Business Park <br />This final approval of the modification of TIF District No. 1-4 by the City Council will <br />allow the city to provide financial assistance to Blue Heron Ltd. towards the purchase <br />of 2.4 acres in the G.M. Development portion of the Apollo Business Park. Blue Heron <br />will be constructing a 20,196 square foot facility with flexible leased space for <br />office/warehousing. <br />1. Adopt the resolution approving a modified tax increment financing plan for TIF <br />District No. 1-4 in the Apollo Business Park <br />2. Return to staff for further consideration <br />O►Mi <br />Option 1 <br />