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<br />. <br /> <br />. <br /> <br />. <br /> <br />2.03. The bases, reasons, supporting and justifications for the findings made in the <br />Plans and this Resolution include (a) the nature and location of the various properties to be <br />improved, the deficiencies respecting those properties, and the development and <br />redevelopment needs of the City, all of which necessitate tax increment and related public <br />assistance in order to facilitate the desired improvements; (b) the extensive tax increment <br />application materials and justifications provided by or on behalf of The Mermaid; and (c) the <br />long period over which The Mermaid and the City have discussed and negotiated over this tax <br />increment redevelopment project. <br /> <br />Section 3. <br /> <br />Approval and Adoption of the Plans. <br /> <br />3.01. The Plans, as presented to the Council on this date, including without limitation <br />the findings and statements of objectives contained therein, are hereby approved, ratified, <br />established, and adopted and shall be placed on file in the office of the City Clerk Administrator. <br /> <br />Adopted on August 14, 2000, by the Mounds View City Council. <br /> <br />Councilmember Quick moved the question to consider adoption of the foregoing resolution <br />which was approved by a unanimous consent of the Council. <br /> <br />Upon considering the foregoing resolution, the reading of which was dispensed with by <br />unanimous consent of the Council, and upon vote being taken thereon, the following voted in <br />favor thereof: Mayor Coughlin, Councilmembers Marty, Quick, Stigney and Thomason <br />whereupon said resolution was declared d~UIY adop~ep , <br />J \,' <br /> <br />D~n ~OU9h ;~\ a~ <br />~ <br /> <br /> <br />./ <br /> <br />IC ael Ulrich, Interim City Clerk/Administrator <br />