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1995-153 Council Resolution
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1995-153 Council Resolution
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2/1/2016 10:41:25 AM
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2/1/2016 10:01:47 AM
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City Council
Council Document Type
Resolutions
Meeting Date
11/13/1995
Council Meeting Type
Regular
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Member Kuether <br />adoption: <br />introduced the following resolution and moved its <br />CITY OF LINO LAKES <br />RESOLUTION NO. 95-153 <br />RESOLUTION CALLING FOR A PUBLIC HEARING ON THE MODIFIED PROGRAM <br />FOR DEVELOPMENT DISTRICT 1 AND THE PLAN FOR TAX INCREMENT <br />FINANCING DISTRICTS NO. 1-1 AND 1-2 <br />WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") intends to <br />modify the Development District Program for Development District No. 1 and the Tax <br />Increment Financing Plans (the "Plans") for Tax Increment Financing Districts No. 1-1 <br />and 1-2 ("TIF Districts No. 1-1 and 1-2"); and <br />WHEREAS, Minnesota Statutes, sections 469.174 through 469.179 (the "TIF Act") <br />and sections 469.124 through 469.134 (the "City Development District Act") requires <br />that the city council of the city of Lino Lakes (the "City") hold a public hearing on the <br />modified program for Development District No. 1 and the Plans for TIF District No. 1-1 <br />and 1-2, following approval thereof by the EDA. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, <br />Minnesota as follows: <br />1. The city clerk -treasurer is authorized and directed to prepare a notice for <br />publication in the official newspaper setting a public hearing before the city <br />council to consider this matter on December 18, 1995 at 6:30 p.m. in the <br />council chambers at city hall. The notice shall be published in the newspaper <br />at least 10 but not more than 30 days prior to the public hearing. <br />
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