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Resolution No. 96-04 EDA
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Resolution No. 96-04 EDA
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10/9/2017 1:14:53 PM
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EDA
EDA Document Type
EDA Resolution
Meeting Date
03/25/1996
Resolution #
96-04
Resolution Title
Adopting Modified Tax Increment Financing Plan for Tax Increment Financing District No. 1-7
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3.02. The Authority requests that the City hold a public hearing on the modified Plan <br />pursuant to Minnesota Statutes, section 469.175 as soon hereafter as is practicable and <br />recommends that the modified Plan be approved by the City. <br />3.03. Upon approval of the modified Plan by the City, the Authority's executive director is <br />authorized and directed to file a copy of the modified Plan with the Minnesota state auditor. The <br />executive director is also authorized and directed to contact the Anoka County auditor and <br />request that the tax capacities of the parcels added to TIF District No. 1-7 be reflected in the <br />original tax capacity of the District. <br />Adopted by the Lino Lakes Economic Development Authority, Lino Lakes, Minnesota <br />this 25th day of March , 1996. <br />John L. Landers, President <br />Randall Schumacher, Executive Director <br />The motion for the adoption of the foregoing resolution was duly seconded by member <br />Bergeson and upon vote being taken thereon, the following voted in favor thereof: <br />Kuether, Bergeson, Landers, Neal <br />and the following voted against same: <br />Lyden: abstained <br />Whereupon said resolution was declared duly passed and adopted. <br />
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