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city has a rq <br />lndustr, Inc. in the <br />family -owned bt t <br />purchase the last pero <br />from Rice <br />is a 20-year-old <br />eview. They wish to <br />;ion of the park. <br />This resolution auttwizes pr tion of the modif anon of the plan. Once the <br />plan is prepared it will be sent to St of District #12 and Anoka County for <br />review. Later tonight the City Council will be asked to set a date for a public <br />hearing. <br />OPTIONS: <br />1. Adopt Resolution No. 97-11 <br />increment financing plan for TIF <br />2. Return to staff for <br />RECOMMENDA? <br />Option 1 <br />modified tax <br />