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RESOLUTION OF THE MOUNDS VIEW PLANNING COMMISSION CONCERNING <br /> THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY'S ECONOMIC <br /> DEVELOPMENT PROJECT AND TAX INCREMENT FINANCING PROPOSALS <br /> WHEREAS, the proposals made by the Mounds View Economic <br /> Development Authority to enlarge its Development District Nos. 1, <br /> 2 and 3 (the "Development Districts") in order to integrate and <br /> make coterminous their boundaries and areas; designate said <br /> integrated areas as the Mounds View Economic Development Project; <br /> amend the respective Development Programs for the Development <br /> Districts to integrate and expand their goals, objectives, <br /> activities, and budgets into a single plan for the development <br /> and redevelopment of the consolidated project areas; designate <br /> said consolidated development program as the Project Plan; and <br /> amend the tax increment financing plans for the tax increment <br /> financing districts heretofore established within the Development <br /> Districts, respectively, to reflect increased development goals, <br /> activities, expenses and bonded indebtedness; all pursuant to <br /> Minnesota Statutes, Sections 469 . 001 through 469. 047, 469. 090 <br /> through 469 . 108, 469. 124 through 469. 134, and 469 . 174 through <br /> 469. 179, respectively (collectively, the "Plans") , have been <br /> submitted to the Mounds View Planning Commission (the <br /> "Commission") ; and <br /> • WHEREAS, the Commission has reviewed the Plans to determine <br /> the consistency of the Plans with the Comprehensive Plan of the <br /> City: <br /> NOW, THEREFORE, BE IT RESOLVED by the Mounds View Planning <br /> Commission that the Plans are consistent with the Mounds View <br /> Comprehensive Plan and the Commission recommends approval of the <br /> Plans to the Mounds View City Council. <br /> Adopted , , 1994 . <br /> Chair v- <br /> 262071.1 <br />