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AGENDA ITEM 4 <br />STAFF ORIGINATOR Brian Wessel <br />DATE June 12, 1995 <br />TOPIC Resolution #95-07 adopting modified Tax Increment <br />Financing Plan for TIF District 1-4 (Blue Heron Ltd.) <br />The preparation of modification of Tax Increment Plan for TIF District 1-4 was <br />authorized by the EDA on May 8, 1995. This modification was due to the nature and <br />extent of public and private improvements to be constructed within TIF District 1-4 <br />in response to a development proposal for a leasable office/warehouse facility in the <br />privately owned portion of the Apollo Business Parka Copies were sent to Centennial <br />School District and Anoka County for review. This resolution states that the EDA finds <br />the objectives for encouraging development to be met with this modification of the <br />plan. <br />1. Adopt resolution #95-07 for modification of the Tax increment Financing Plan for <br />TIF District No. 1-4 <br />2. Return to staff for further consideration <br />Option 1 <br />