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<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 redevelopment <br />needs of the City, all of which necessitate tax increment and related public assistance in order to <br />facilitate the desired improvements; (b) the extensive tax increment application materials and <br />justifications provided by or on behalf of The Mermaid; and (c) the long period over which The <br />Mermaid and the City have discussed and negotiated over this tax increment redevelopment <br />project. <br /> <br /> <br /> Section 3. 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 /> <br />Councilmember _______ moved the adoption of the foregoing resolution, the reading of which <br />was dispensed with by unanimous consent of the Council, and said motion was duly seconded <br />by Councilmember ________, and upon vote being taken thereon, the following voted in favor <br />thereof: <br /> <br />and the following voted against the same: <br /> <br /> <br />whereupon said resolution was declared duly adopted <br /> <br />______________________________________ <br />Dan Coughlin, Mayor <br /> <br /> <br />______________________________________ <br /> Michael Ulrich, Interim City Clerk/Administrator <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />N:\DATA\GROUPS\ECONDEV\COUNCIL\Staff Reports\Staff 00\08-14 Item 10C.doc