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AGENDA ITEM 3A <br />STAFF ORIGINATOR Brian Wessel, Community Development Director <br />DATE September 11, 1995 <br />TOPIC Consideration of Resolution No. 95-111 calling for a public <br />hearing on the modification of the Plan for TIF District No. <br />1-7 <br />BACKGROUND <br />The EDA has authorized preparation of a modification of the Plan for TIF District No. <br />1-7 in the Apollo Business Park. The modification will provide public assistance for <br />Wisconsin Magneto to build a 40,000 square foot office/warehouse facility. Once the <br />city sets the public hearing for October 23, 1995 at 6:30 p.m., Anoka County and <br />Centennial School District will receive copies of the proposed modification for review. <br />OPTIONS <br />1. Adopt Resolution No. 95-111 calling for a public hearing at 6:30 p.m. on October <br />23, 1995 to hear comment on the modification of the Plan for TIF District No 1-7. <br />2. Return to staff for further consideration <br />RECOMMENDATION <br />Option 1 <br />