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AGENDA ITEM 4D <br />STAFF ORIGINATOR Brian Wessel <br />DATE: 9/28/98 <br />TOPIC: Resolution No 98 -144 calling for a public hearing on th <br />Establishment of a Redevelopment Project <br />BACKGRRJN <br />Earlier this evening the Economic Development Authority (EDA) authorized e <br />preparation of a Redevelopment Project Plan to provide financial assistan to <br />selected projects in the Town Center. The impetus for the plan was a reque t for <br />financial assistance from JADT Development Group to provide public assis n <br />in the form of tax reimbursement for the Shopping Center development. 11 • er <br />the HRA Act, the Plan requires a public hearing after adoption by the EDA. <br />OPTIONS: <br />1. Adopt Resolution No. 98 -144 calgng fora public hearing on October 26, <br />at 6:30 p.m. in the council chambers <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />