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• <br />AGENDA ITEM 3A -1 <br />STAFF ORIGINATOR: Al Rolek <br />DATE: 8/27/01 <br />TOPIC: Consideration of Resolution No. 01 -106 approving <br />Property Tax Abatement for the Target/Kohl's project <br />VOTE REQUIRED: 3/5 <br />BACKGROUND: <br />This resolution recognizes that the Marketplace development meets the goals <br />and objectives outlined by the city in its business subsidy criteria. It is <br />recommended that approval of the abatement be contingent upon final approval <br />of the project by the City Council. <br />OPTIONS: <br />1. Adopt Resolution No. 01 -106 <br />2. Do not approve the Tax Abatement <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />• <br />