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AGENDA ITEM 5C <br />STAFF ORIGINATOR: Brian Wessel <br />DATE: 11/13/95 <br />TOPIC: Consideration of Resolution No. 95-153 calling for a public hearing <br />on the modified program for Development District No. 1 and Tax Increment <br />Financinq Plan for TIF Districts 1-1 and 1-2 <br />BACKGROUND: <br />The EDA has authorized preparation of a modified program for Development <br />District No. 1 and Tax Increment Financing Plans for TIF Districts 1-1 (Rice Lake <br />Estates) and 1-2 (Sunrise Meadows). This resolution sets the public hearing <br />before the city council for 6:30 p.m. on Monday, December 18, 1995. <br />OPTIONS: <br />1. Set the public hearing <br />2. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />