HomeMy WebLinkAbout7821 (Res.)
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Councilmember Farrell
resolution, the reading of which was dispensed
moved its adoption: '
introduced the following
with by unanimous consent, and
.
RESOLUTION NO. 7821
RESOLUTION CALLING PUBLIC HEARING ON THE
PROPOSED MODIFICATION BY THE CITY OF THE
TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING DISTRICT NO.1 LOCATED
WITHIN DEVELOPMENT DISTRICT NO.1.
BE IT RESOLVED by the City Council (the "Council") of the City of
Stillwater, Minnesota (the "City"), as follows:
Section 1. Public Hearlna:. This Council shall meet on Tuesday, November
3, 1987, at approximately 7:00 p.m., to hold a public hearing on the following
matter: the proposed modification by enlargement of the geographic area and
Increased project costs of the Tax Increment Financing Plan for Tax Increment
Financing DIstrict No.1 located within Development District No.1, all pursuant to
and in accordance with Minnesota Statutes, Chapter 472A, as amended and
Minnesota Statutes, Sections 273.71 to 2'7 J. 78, inclusive, as amended.
Section 2. Notice of Hearina:; Filina: of Proa:ram. The City Clerk 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 Modified Tax Increment Financing Plan on file In the Clerk's Office at
City Hall and to make such copy available for inspection by the public no later than
October 19, 1987.
The motion for the adoption of the foregoing resolution was duly seconded
by Council member K i mb 1 e , and upon vote being taken thereon, the
following voted In favor thereof:
All present
and the following voted against the same:
None
whereupon said resolution was declared duly passed and adopted by the Council of
the City of Stillwater, Minnesota on October &, 19)7' ~
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