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City' s dev411 <br /> and activities to <br /> goals, objectives, development <br /> the fullest extent permitted e-opment costs, <br /> t.i_s to 11 <br /> Act nt pe_..._�..ad by the Enabiin <br /> the Tax Increment Act and other applicable <br /> Board hereby finds � �. ab-_ law, and the <br /> b that t,rough such consolidation th <br /> development of the Citycane necessar-y <br /> be accomplished more consistently, <br /> efficiently, and economically. <br /> Pursuant to Section Sec ion 469 . 094 , Subdivision <br /> Act, the EDA is authorized sort 2 , of the Ena.bling <br /> au thoriz_d to exercise the powers •of a city with <br /> respect to a development este469 . 124 L. district under Minnesota Statutes, <br /> Sons 4rough 469 . 134 , and the powers of a housing and <br /> redevelopment authority uhunder Minnesota Statutes, Sections <br /> 469 . 001 through 469 . 047, amongpowers,rsy a <br /> Sz— <br /> it is <br /> intention of the Council and the Board that thed <br /> dEDA shallehave <br /> and be empowered to exercise any and alli <br /> necessaryor appropriate for theoL said powers as may be <br /> accordance with the Project development of the Project in <br /> Tax rThe Development Districts, the DevelopmentPrograms, <br /> ax ncrement Districts and Plans are herebyand <br /> to the same � if __rte, re the <br /> extent as set forth i n full l he- <br /> 1�. herein. <br /> Section 1 . 3 . Enlarcement <br /> and Consolidation of t1eDevelcp, entDistricts ! <br /> Desicnati� a <br /> • P, c 1 �n _s Mounds View Economic <br /> D- r__opment F~-o�ec� Each of the � 1 <br /> Develoed toDere_opmen` Districts is hereby <br /> include the area of each of <br /> Districts, and said consolidated a `'-e other Development <br /> r: <br /> hereby dethe Mounds as M d e=�la=;,ed composite area is <br /> (the „Prof ") ndS View Economic D��re O .^IIePrC]zC <br /> t. <br /> The Board <br /> fi nds that <br /> teach of <br /> the Development <br /> evelopment Districts' <br /> as P <br /> sso enlarged pursuant to this Section 1. 2 , and the resulting together with the goals and objectives which the <br /> EDA to accompl=sh Cr encourage with respect to such areas ,cons :::_s w_thout limitation a 'development district" within <br /> the of renes fa Statutes, Sect . cn 469 . 125, <br /> Subdivision° , and a dere_ cpment project" within the meaning of Minnesota es Section 469 . 002 , Subdivision 14 . <br /> Section 1 . 4 . <br /> rm,=ndment and Consolidation <br /> P'_'CCrar,S ]Psir-.�,ic= G'n-mss �'-•-��ar-- Plan. <br /> of the 1Jc_trP_.."'1c'�n- <br /> =ocr=ms is siona - - - - -an Each of the Development <br /> 1 y amended to - <br /> objectives , all-- o= the Coals <br /> acz_v_..- =s, and <br /> leve-' com_n- <br /> = ? <br /> costs <br /> i:enc: c: �•; n each oT= the other Development Programsand <br /> in each CaC . the Tax Increment miens; it being the intent and effect ofthe %rCe:=:C `:u _ `aC:aC� Daere-?CDle: t =r" c `Ys eax_^Craae^t Planssha. be and hereby is amended to include the.ecther Devlop^ -^t _ocrms and `Tx -^c==-..^t <br /> Plans . Said <br /> _s;, 3 <br /> -4- <br />