HomeMy WebLinkAbout8127 (Res.)
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Councilmember Kimble introduced the
following resolution, the reading of which was dispensed with by
unanimous consent, and moved its adoption:
RESOLUTION NO. 8127
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RESOLUTION CALLING FOR A PUBLIC HEARING ON THE
PROPOSED MODIFICATION BY THE CITY OF THE
DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT
NO. 1 AND THE MODIFICATION OF THE MODIFIED
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 Hearinq. This Council shall meet on
Tuesday, September 19, 1989, at approximately 7:00 p.m., to hold
a pUblic hearing on the following matters: (a) the proposed
modification of the Development Program for Development District
No. 1 (the "Development Program'") and (b) the proposed
modification of the Modified Tax Increment Financing Plan for Tax
Increment Financing District No. 1 located therein (the "Modified
Tax Increment Financing Plan'"), pursuant to and in accordance
with Minnesota Statutes, Sections 469.124 to 469.134 and 469.174
to 469.179, inclusive, as amended, to reflect an enlargement of
Tax Increment Financing District No.1.
Section 2. Notice of Hearinq; Filinq of Proqram. 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 distribute copies of the proposed
Development Program and Modified Tax Increment Financing Plan
(together, the '"Plans'") to the Board of Commissioners of
Washington County and the School Board of Independent School
District No. 834, to place a copy of the Plans on file in the
city Clerk's Office at City Hall and to make such copy available
for inspection by the public no later than August 24, 1989.
The motion for the adoption of the foregoing resolution was
duly seconded by Councilmember Bodlovick , and upon vote
being taken thereon, the following voted in favor thereof:
A 11 Present,
and the following voted against the same:
None
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whereupon said resolution was declared duly passed and adopted by
the Council of the City of Stillwater, Minnesota on August 15,
1989.
Attest:
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'cJ. Y Clerk
(SEAL)
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