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<br />. <br /> <br />e <br /> <br />e <br /> <br />EDA RESOLUTION NO. 04-EDA-188 <br /> <br />CITY OF MOUNDS VIEW <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION ADOPTING THE MODIFICATION TO THE PROJECT PLAN <br />FOR THE MOUNDS VIEW ECONOMIC DEVELOPMENT PROJECT <br /> <br />WHEREAS, it has been proposed by the Mounds View Economic <br />Development Authority (the "EDA" and the City of Mounds View (the "City") that <br />the EDA adopt the Modification to the Project Plan for the Mounds View <br />Economic Development Project, referred to herein as the "Project Plan <br />Modification", pursuant to Minnesota Statutes, Sections 469.090 to 469,1082 and <br />Sections 469,174 to 469.1799, inclusive. as amended (the "Act"), in an effort to <br />encourage the development and redevelopment of certain designated areas <br />within the City; and <br /> <br />WHEREAS, the EDA has investigated the facts relating to the Project Plan <br />Modification and has caused the Project Plan Modification to be prepared; and <br /> <br />WHEREAS, the EDA has performed all actions required by law to be <br />performed prior to the adoption of the Project Plan Modification. The Mounds <br />View Planning Commission was asked to provide for review of and written <br />comment on the Project Plan Modification and the City Council was asked to <br />schedule a public hearing on the Project Plan Modification upon pUblished notice <br />as required by law. <br /> <br />NOW, THEREFORE BE IT RESOLVED by the Mounds View Economic <br />Development Authority as follows: <br /> <br />1. The Mounds View Economic Development Project consists of the <br />entire City. The Project Plan Modification is In response to a settlement with the <br />Office of the State Auditor and Attorney General. which Includes the listing of <br />specific properties authorized for acquisition, <br /> <br />2. The Project Plan Modification includes a budget amendment. The <br />budget amendment includes the additional estimated public improvement and <br />development costs that are authorized to be expended in addition to all other <br />authorized costs in the Mounds View Economic Development Project. <br /> <br />3, The EDA further finds that the Project Plan Modification conforms in all <br />respects to the requirements of the Act and will afford maximum opportunity, <br />consistent with the sound needs of the City as a whole, for the development or <br />