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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 Event Responsible <br />Partv <br />June/July, 2022 Developer Submits TIF Application to City City, Attorney, <br />Evaluate Developer information and drafting of TIF Plan Baker/Tilly <br />Establishment of TIF Plan and TIF District <br />Monday, August 1 City Council work session to discuss TIF Application and Process City <br />Thursday, EDAC reviews draft TIF Plan <br />September 2 <br />Monday, City Council work session to review draft TIF Plan City, Baker/Tilly <br />September 6 <br />Prior to Friday, County and School District receive impact letters & draft TIF plan Baker/Tilly <br />September 9 (at least 30 days prior to public hearing) <br />4- <br />Monday, Sept 12 City Council calls for public hearing to be held on Monday, Oct 10 City, Attorney <br />Wednesday, Sept 14 (if City Planning and Zoning Commission reviews draft TIF plan City, Attorney <br />necessary) <br />Monday, October 3 City Council work session to discuss TIF Application and Contract City, Attorney, <br />Baker/Tilly <br />Thursday, EDAC reviews contract for private development. City <br />October 6 <br />Tuesday, Sept 27 Publication of notice of public hearing in Quad Community Press Baker/Tilly <br />Deadline: Sept 20 <br />Monday, City Council holds public hearing, and adopts resolution approving TIF Plan City, Attorney, <br />October 10 at 6:30 pm and TIF District Baker/Tilly <br />Monday, EDA adopts resolution approving TIF Plan and TIF District City, Attorney, <br />October 10'" after CC PH on Business Subsidy and approves contract for private development Baker/Tilly <br />meeting <br />After October 10, State filing and request for County certification Baker/Tilly <br />