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City of Lino Lakes, Minnesota <br />Creation of a Tax Increment Financing Plan for <br />Tax Increment Financing (Economic Development) District <br />(Clearwater Creek Business Park II) <br />Schedule of Events <br />Date <br />Event <br />Responsible <br />Party <br />June/July, 2022 <br />Developer Submits TIF Application to City <br />City, Attorney, <br />Evaluate Developer information and drafting of TIF Plan <br />Baker/Tilly <br />Establishment of TIF Plan and TIF District <br />Monday, August 1 <br />City Council work session to discuss TIF Application and Process <br />City <br />Thursday, <br />September 2 <br />EDAC reviews draft TIF Plan <br />Monday, <br />September 6 <br />City Council work session to review draft TIF Plan <br />City, Baker/Tilly <br />Prior to Friday, <br />County and School District receive impact letters & draft TIF plan <br />Baker/Tilly <br />September 9 <br />(at least 30 days prior to public hearing) <br />City Council calls for public hearing to be held on Monday, Oct 10 <br />Monday, Sept 12 <br />City, Attorney <br />Wednesday, Sept 14 (if <br />City Planning and Zoning Commission reviews draft TIF plan <br />City, Attorney <br />necessary) <br />Monday, October 3 <br />City Council work session to discuss TIF Application and Contract <br />City, Attorney, <br />Baker/Tilly <br />Thursday, <br />October 6 <br />EDAC reviews contract for private development. <br />City <br />Tuesday, Sept 27 <br />Deadline: Sept 20 <br />Publication of notice of public hearing in Quad Community Press <br />Baker/Tilly <br />Monday, <br />City Council holds public hearing, and adopts resolution approving TIF Plan <br />City, Attorney, <br />October 10 at 6:30 pm <br />and TIF District <br />EDA adopts resolution approving TIF Plan and TIF District <br />Baker/Tilly <br />Monday, <br />City, Attorney, <br />October 10'" after CC <br />PH on Business Subsidy and approves contract for private development <br />Baker/Tilly <br />meeting <br />After October 10, State filing and request for County certification <br />Baker/Tilly <br />