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June 01,2017 Planning Commission reviews the Program Modification and TIF Plan to <br /> determine if they are in compliance with City's comprehensive plan and <br /> adopts a resolution approving the Program and Plan. <br /> June 08, 2017 EDA makes a recommendation for the City Council to adopt a resolution <br /> recommending the Program Modification,the TIF Plan, and the granting of a <br /> business subsidies agreement. <br /> June 09,2017 Date of publication of TIF public hearing notice with map and hearing notice <br /> concerning a business subsidies agreement (at least 10 days but not more <br /> than 30 days prior to hearing).[Ehlers will e-mail notice& map to the Anoka <br /> County Union on or before June 05, 2017 to publicnotice@ecm-inc.com] <br /> June 27,2017 City Council opens public hearing at 7:00 p.m. on the modification to the <br /> Development Program for Development District No. 1 and the establishment <br /> of Tax Increment Financing District No. 16 (PSD BUSINESS PARK A). <br /> City Council passes a resolution approving the Program Modification and TIF <br /> Plan. <br /> City Council passes a resolution authorizing an interfund loan in connection <br /> with TIF District No. 16(PSD BUSINESS PARK A). <br /> City Council approves a business subsidies agreement. <br /> June 28,2017 City can issue building permits. <br /> Ehlers files Program Modification and TIF Plan with the MN Department of <br /> Revenue,OSA and Anoka County. <br /> Page 2 of 2 <br />