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RESOLUTION NO. 7587
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A RESOLUTION TO CORRECT CLERICAL AND TECHNICAL ERRORS
IN THE TAX INCREMENT FINANCING PLAN (PLAN A)
FOR TAX INCREMENT REDEVELOPMENT DISTRICT #4
(WOODLAND LAKES PROJECT)
WHEREAS, the City Council of the City of Stillwater has adopted a Tax
Increment Financing Plan (Plan A) for Tax Increment Redevelopment District #4
(Woodland Lakes Project) by Resolution No. 7583, on April 1, 1986; and
WHEREAS, subsequent to such approval, the City Council was informed that Plan
A, as adopted, contained certain clerical and technical errors; and
WHEREAS, the City Council desires to correct those errors in the Plan as
adopted; and
WHEREAS, the errors are not of substantive nature;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Stillwater,
that the City Council does hereby approve the corrections to page 6 of the Tax
Increment Financing Plan (Plan A) for Tax Increment Redevelopment District #4
(Woodland Lakes Project) as follows:
Adjusted* Re~uired Tax
(' Assessed Value M 11s Increment
School District $294,510,733 1. 73 $508,433
County $809,253,985 .343 $277,472
City $76,065,207 3.81 $289,693
*Tax Increment District assessed valuation subtracted.
Adopted by the City Council this 15th day of April, 1986.
Published: April 25, 1986.
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ATTEST:
CYCLER
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