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CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION NO. 8897 <br />RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL <br />ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE <br />DEVELOPMENT PROGRAM FOR THE MOUNDS VIEW ECONOMIC <br />DEVELOPMENT PROJECT AND THE PROPOSED ESTABLISHMENT OF TAX <br />INCREMENT FINANCING DISTRICT NO. 1-6 THEREIN AND THE ADOPTION <br />OF A TAX INCREMENT FINANCING PLAN THEREFOR. <br />BE IT RESOLVED by the City Council (the "Council") for the City of Mounds View, Minnesota (the <br />"City"), as follows: <br />Section 1. Public Hearing. This Council shall meet on March 12, 2018, at approximately 6:30 <br />P.M., to hold a public hearing on the proposed adoption of a Modification to the Development Program for <br />the Mounds View Economic Development Project (the "Development Program Modification"), the <br />proposed establishment of Tax Increment Financing District No. 1-6 (the "TIF District No. 1-6"), a housing <br />tax increment financing district, and the adoption of a Tax Increment Financing Plan (the "TIF Plan") <br />therefor (the Development Program Modification and the TIF Plan are referred to collectively herein as the <br />"Program Modification and TIF Plan") all pursuant to and in accordance with Minnesota Statutes, Sections <br />469.090 to 469.1082, and Sections 469.174 to 469.1794, inclusive, in an effort to encourage the <br />development and redevelopment of certain designated areas within the City; and <br />Section 2. Notice of Public Hearing, Filing of the Program Modification and TIF Plan. City staff <br />is authorized and directed to work with Ehlers & Associates, Inc., to prepare the Program Modification and <br />TIF Plan for TIF District No. 1-6 and to forward appropriate documents to Ramsey County and Mounds <br />View School District No. 621. The City Administrator is authorized and directed to cause notice of the <br />hearing, together with an appropriate map as required by law, to be published at least once in the official <br />newspaper of the City not later than 10, nor more than 30, days prior to March 12, 2018, and to place a <br />copy of the Program Modification and TIF Plan on file in the City Administrator's office at City Hall and <br />to make such copy available for inspection by the public. <br />Dated: January 22, 2018 <br />Adopted: <br />Mayor <br />ATTEST: <br />! <br />City AtiminisyXtor <br />