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AGENDA ITEM 4 <br />STAFF ORIGINATOR Brian Wessel <br />DATE June 7, 1995 <br />TOPIC Public hearing on the proposed sale of property in the Apollo <br />Business Park to N©I-Tec Systems, Inc. <br />Tax Increment Financing Plan 1-7 was approved by the EDA on May 22, 1995 to <br />provide financial assistance to NoI-Tec Systems, Inc, to assist with the cost of land <br />and special assessments. According to state statute, the EDA is required to hold a <br />public hearing before authorizing the sale of the property. <br />1. Open the public hearing <br />2. Continue the public hearing <br />Option 1 <br />