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requirements. Metro Council has determined that commencing enforcement of <br />1 in 10 average density in 18 months is an acceptable compromise and the <br />amendment to the Comprehensive Plan will not be approved unless this <br />happens. <br /> <br />Case #2: Discuss Altron Tax Increment Project; <br /> <br />Mr. Hartley presented a preliminary development agreement for the Altron <br />tax increment project. <br /> <br />Motion by Councilmember Sorteberg and seconded by Councilmember Cox to <br />enter into a preliminary development agreement with Altron, Inc. to prepare <br />plans and specifications for site improvements to be financed with tax <br />increment financing. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />Ca~e #3: <br /> <br />Adopt Resolution Authorizing A Modification To The Tax <br /> Increment Financing Plan For Tax Increment Financing District <br /> No. 2 And Call For A Public Hearing On Modification Of The <br /> Development Program For Development District NO, 1 And To Th~ <br /> Tax Increment Financing District No. 2; <br /> <br />Motion by Councilmember Cox and seconded by Councilmember Sorteberg to <br />adopt Resolution #88-10~authorizing a modification to the tax increment <br />financing plan for Tax Increment Financing District No. 2 and calling for a <br />public hea=ing on modification of the development program for Development <br />District No. 1 and to the Tax Increment Financing District No. 2. (Please <br />refer to resolution file for Resolution #88-1072. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />ADJOURNM~.% <br /> <br />Motion by Conncilmember Sorteberg and seconded by Councilmember Cox to <br />adjourn the special City Council meeting. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers $orteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />The special City Council meeting adjourned at 5:45 p.m. <br /> <br />Respectfully submitted, / ~ <br /> <br />Sylvia ~rolik David Hartle~ <br />Secretary City ~ministrator <br /> <br />City Council/June 21, 1988 <br /> <br />Page 2 of 2 <br /> <br /> <br />