Laserfiche WebLink
A NDA ITEM 3 <br />STAFF ORIGINATOR: Brian Wessel <br />DATE: 8/25/97 <br />TOPIC: Ccsideration of Resolution No. 97-10 authorizing the preparation <br />modification of Development District No. 1 and Tax increment <br />ncing Pans for Tax increment Financing District Nos. 1-1 and <br />Fina <br />1-2 <br />ROUND <br />A modification of the program and the plans far Tax increment Financing <br />Districts No. 1-1 (Rice Lake Estates) and 1-2 (Sunrise Meadows) is required to <br />transfer funds within the development district. This resolution will begin <br />preparation of these plans and set an EDA meeting for October 13, 1997 at 6:00 <br />p.m. to adopt the modified program and plan. <br />OPTIONS: <br />1. Adopt Resolution No. 97-10 authorizing the preparation of the modification of <br />Development District No. 1 and the plans for TIF Districts No. 1-1 and 1-2 <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />