HomeMy WebLinkAbout1992-001 P&Z ResolutionMember f,�j,�i ut� introduced the following resolution and moved its
adoption
LINO LAKES PLANNING AND ZONING BOARD
RESOLUTION NO.
RESOLUTION REGARDING TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT
FINANCING DISTRICT NO, 1-5
WHEREAS, the Lino Lakes City Council and Economic Development Authority
have authorized preparation of a tax increment financing plan (Plan) for the
proposed Tax Increment Financing District No. 1-5; and
WHEREAS, the Plan has been submitted to the Planning and Zoning Board for
its comment pursuant to Minnesota Statutes, Sections 469.174 to 469.179; and
WHEREAS, the Planning and Zoning Board has reviewed the Plan and compared
it with the City's comprehensive plan and other plans for development of the City.
NOW, THEREFORE, BE IT RESOLVED By the Planning and Zoning Board of
the City of Lino Lakes, Minnesota as follows:
1. The Plan for Tax Increment Financing District No. 1-5 is found to be
consistent with the plans for development of the City of Lino Lakes as a whole.
2. It is recommended that the City Council of the City of Lino Lakes hold the
The motion for the adoption of the foregoing resolution was duly seconded by member
WYVA J and upon vote being taken thereon, the following voted in
favor thereof
aALd the following voted against same:
��ro 0 c
Whereupon said resolution was declared duly passed and adopted.
RHB42484
LN140-25