HomeMy WebLinkAboutResolution 2597
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Councilmember PAONE introduced the following
resolution, the reading of whc was dispensed with by unanimous
consent, and moved its adoption:
RESOLUTION NO. 2597
RESOLUTION CALLING A PUBLIC HEARING ON THE PROPOSED
MODIFICATION OF DEVELOPMENT DISTRICT NO. 2 AND THE PROPOSED
MODIFICATION OF TAX INCREMENT FINANCING DISTRICT NO. 1 AND
THE PROPOSED ADOPTION OF THE MODIFIED TAX INCREMENT
FINANCING PLAN AND PROGRAM RELATING THERETO
BE IT RESOLVED By the City Council (the "Council") of the
City of Mounds View, Minnesota (the "City") as follows:
Section 1. Public Hearing. This Council shall meet on
Monday, March 12, 1990, at approximately 7:05 p.m., to hold a
public hearing on the following matters: (a) the proposed
modification to the boundaries of the City's Development
District No.2, (b) the proposed modification of Tax Increment
Financing District No. 1 therein, and (c) the proposed
adoption of a Modified Tax Increment Financing Plan and
Program relting thereto, all pursuant to and in accordance
with Minnesota Statutes. Sections 469.124 to 469.134, as
amended and Minnesota Statutes. Sections 469.174 to 469.179,
inclusive, as amended.
Section 2. Notice of Hearina. The City Clerk-
Administra-tor is authorized and directed to cause notice of
the hearing, substantially in the form attached hereto as
Exhibit A, to be given as required by law, to place a copy of
the proposed Modifications on file in the Clerk-
Administrator's Office at City Hall and to make such copy
available for inspection by the public prior to the public
hearing.
The motion for the adoption of the foregoing resolution was
duly seconded by Councilmember QIIT r:K , and
upon vote being taken thereon, the following voted in favor
thereof: Mayor Hankner, Councilmembers Quick, Paone, Wuori,
Blanchard
and the following voted against the same:
o Nays
whereupon said resolution was declared duly passed and adopted
by the City Council of the City of Mounds View, Minnesota on
February 5, 1990.
Adopted this of
ATTEST:
(SEAL)