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Resolution 18 -EDA -308 <br />Page Two of Two <br />6. Conditioned upon the approval thereof by the City Council following its public hearing thereon, <br />the Plans, as presented to the EDA on this date, are hereby approved, established and adopted and <br />shall be placed on file in the office of the Executive Director of the EDA. <br />7. Upon approval of the Plans by the City Council, the staff, the EDA's advisors and legal counsel are <br />authorized and directed to proceed with the implementation of the Plans and for this propose to <br />negotiate, draft, prepare and present to this Board for its consideration all further plans, resolutions, <br />documents and contracts necessary for this purpose. Approval of the Plans does not constitute <br />approval of any project or a Development Agreement with any developer. <br />8. Upon approval of the Plans by the City Council, the Executive Director of the EDA is authorized <br />and directed to forward a copy of the Plans to the Minnesota Department of Revenue and the Office <br />of the State Auditor pursuant to Minnesota Statutes 469.175, Subd. 4a. <br />9. The Executive Director of the EDA is authorized and directed to forward a copy of the Plans to the <br />Ramsey County Auditor and request that the Auditor certify the original tax capacity of the District <br />as described in the Plans, all in accordance with Minnesota Statutes 469.177. <br />Approved by the Board this 12"' day of March, 2018. <br />Chair <br />