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CITY OF HUGO <br />RESOLUTION NO. 96-5 <br />RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON <br />THE PROPOSED ESTABLISHMENT OF DEVELOPMENT DISTRICT NO. <br />1 AND TAX INCREMENT FINANCING DISTRICT NO. 1-1. <br />BE IT RESOLVED by the City Council (the "Council") for the City of Hugo, Minnesota (the "City"), as <br />follows: <br />Section 1. Public Hearing. This Council shall meet on Monday, August 19, 1996 at approximately <br />7:00 P.M., to hold a public hearing on the proposed adoption of the Development Program for Development <br />District No. 1 and the proposed establishment of Tax Increment Financing District No. 1-1 pursuant to and <br />accordance with Minnesota Statutes, Sections 469.124 through 469.134, both inclusive, as amended, and <br />Minnesota Statutes, Sections 469.174 through 469.179, both inclusive, as amended, in an effort to encourage <br />the development and redevelopment of certain designated areas within the City; and <br />Section 2. Notice of Public Hearing Filing of Progom and Plan. Staff is authorized and directed to <br />work with Ehlers and Associates to create the Development Program and the Tax Increment Financing Plan <br />and to forward documents to the appropriate taxing jurisdictions including Washington County and <br />Independent School District No. 624. The City Clerk -Treasurer is authorized and directed to cause notice of <br />the hearing, together with an appropriate map as required by law, to be published at least once in the official <br />newspaper of the City not later than 10, nor more than 30, days prior to August 19, 1996, and to place a copy <br />of the Program and Plan on file in the City Clerk -Treasurer's office at City Hall and to make such copy <br />available for inspection by the public. <br />Dated: July 2, 1996 <br />Adopted: July 2, 1996 <br />4yo <br />ATTEST: <br />City -Treasurer <br />NAVIMATAU UGo1 R-1WAL MASS <br />