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<br />~'" <br /> <br />-" <br /> <br />.~ <br /> <br />Councilmember Wuor i introduced the following resolution, <br />the reading of which was dispensed with by unanimous consent, and moved its <br />adoption: <br /> <br />RESOLUTION NO. ~ <br /> <br />RESOLUTION CALLING A PUBLIC HEARING ON THE <br />PROPOSED MODIFICATION OF DEVELOPMENT <br />DISTRICT NO. 2 ANn THE PROPOSED <br />MODIFICATION OF TAX INCREMENT FINANCING <br />DISTRICT NO. 1 AND THE PROPOSED ADOPTION OF <br />THE MODIFIED TAX INCREMENT FINANCING PLAN <br />AND PROGRAM RELATING THERETO. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the City of Mounds <br />View, Minnesota (the "City"), as follows: <br /> <br />Section 1. Public Hearing. This Council shall meet on Monday, June 12, <br />1989, at approximately 7:00 p.m., to hold a public hearing on the following matters: <br />(a) the proposed modification to the boundaries of the City's Development District <br />No.2, (b) the proposed modification of Tax Increment Financing District No. 1 <br />therein, and (c) the proposed adoption of a Modified Tax Increment Financing Plan <br />and Program relating thereto, all pursuant to and in accordance with Minnesota <br />Statutes, Sections 469.124 to 469.134, as amended and Minnesota Statutes, Sections <br />469.174 to 469.179, inclusive, as amended. <br /> <br />Section 2. Notice . of Hearing. The City Clerk-Administrator is <br />authorized and directed to cause notice of the hearing, substantially in the form <br />attached hereto as Exhibit A, to be given as required by law, to place a copy of the <br />proposed Modifications on file in the Clerk-Administrator's Office at City Hall and <br />to make such copy available for inspection by the public prior to the public hearing. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded <br />by Councilmember Paone , and upon vote being taken thereon, <br />the following voted in favor thereof: 4 ayes 0 nays <br /> <br />Councilmember Quick - Aye Councilmember Blanchard - Aye Mayor Hankner - <br />Councilmember Wuori - Aye Councilmember Paone - Aye Absent <br />and the following voted against the same: <br /> <br />whereupon said resolution was declared duly passed and adopted by the City <br />Council of the City of Mounds View, Minnesota on May 8, 1989. <br /> <br />~~;1# ~ <br />Mayor <br /> <br /> <br />( SEAL) <br />