Laserfiche WebLink
AGENDA ITEM 3 <br />STAFF ORIGINATOR Brian Wessel <br />DATE May 22, 1995 <br />TOPIC Public Hearing for the Establishment of Tax Increment <br />Financing District No. 1-7, Not -Tec Systems, Inc. and Mag - <br />Con, Inc. in the Apollo Business Park <br />BACICGROLM <br />This hearing is to allow public comment regarding the establishment of a new Tax <br />Increment Financing District to encourage industrial development in the Apollo <br />Business Park. TIF District No. 1-7 will allow the city to provide financial assistance <br />for land and special assessments to Nal -Tec Systems, Inc. and Mag -Con, Inc. TIF <br />District 1-7 also includes the remaining unsold parcels within the city -owned portion <br />of the business park. <br />Df <br />1. Open the public hearing <br />2. Continue the public hearing <br />DA <br />Option 1 <br />