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. . . . r .:> '.', .. Councilmember ~~A" the reading of which was di ensed with adoption: introduced the following resolution, by unanimous consent, and moved its CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. ~1 RESOLUTION APPROVING THE MODIFICATION OF DEVELOPMENT DISTRICT NO. 2 AND THE DEVELOPMENT PROGRAM RELATING THERETO AND MODIFYING TAX INCREMENT FINANCING DISTRICT NO. 1 AND APPROVING THE MODIFIED TAX INCREMENT FINANCING PLAN RELATING THERETO. BE IT RESOLVED, by the City Council (the "Council") of the City of Mounds View, Minnesota (the "City"), as follows: Section 1. Recitals. 1.01. The City established Development District No. 2 and Tax Increment Financing District No.1 therein on September 22, 1986 and approved and adopted the Development Program and Tax Increment Financing Plan with respect thereto, all pursuant to and in accordance with Minnesota Statutes, Sections 469.124 to 469.134, as amended, and Minnesota Statutes, Sections 469.174 to 469.179, inclusive, as amended. 1.02. The Council has investigated the facts and has caused to be prepared a proposed Modification No. 2 to the Development Program for Development District No.2, defining the property to be included in the Modified Development District No. 2 and describing the action to be undertaken by the City to aid the development of Development District No.2, and has caused to be prepared a proposed Modified Tax Increment Financing Plan defining the property to be included in Tax Increment Financing District No. 1 Modification No. 2 and other matters relating thereto. 1.03. The City has performed all actions required by law to be performed prior to the modification of Development District No.2, the modification of Tax Increment Financing District No. 1 and the adoption of the proposed Modified Development Program and proposed Modified Tax Increment Financing Plan relating thereto, including, but not limited to, notification of Ramsey County, School District No. 621, and Special Independent School District No. 96 having taxing jurisdiction over the property to be included in Tax Increment Financing District No. 1 Modification, a review by the City Planning Commission of the proposed Land Use Plan, and the holding of a public hearing upon published and mailed notice as reuqired by law. 1 -;... '"