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AGENDA ITEM NO. 4A <br />STAFF ORIGINATOR: Brian Wessel <br />DATE: 12/14/95 <br />• <br />TOPIC: Resolution 95-186 approving modified TIF Plans for TIF District Nos. 1-1 <br />and 1-2 <br />BACKGROUND: <br />This resolution finds that development occurring in TIF Districts 1-1 and 1-2 was made <br />possible by infrastructure improvements in the modified Plans and would not reasonably <br />have occurred solely through private investment. The modified Plans will reimburse the <br />city for funds used to finance these improvements. <br />OPTIONS: <br />1. Adopt Resolution No. 95-186 approving modified Plans for Tax Increment <br />Financing District Nos. 1-1 and 1-2. <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />