Agenda - Council - 04/12/2005 - Laserfiche WebLink

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2. The redevelopment plan for the redevelopment area in the City will afford maximum opportunity consistent with the needs of the locality as a whole, for the redevelopment of thc area by private enterprise. 3. Thc redevelopment plan conforms to the general plan for development of the City as a whole. l:inance ()fficcr lJund indicated on February 2, 2005, the EDA held a special meeting to adopt a Resolution initiating the process for establishment of a redevelopment plan. At its regular meeting ()f' February 8, 2005, City Council adopted a resolution initiating the process for approval of the redevelopment project area and called for a public hearing on the redevelopment plan. Thc EI)A will be asked to adopt a resolution approving the redevelopment project area and plan al its regular meeting of March 9, 2005. Citiz,cn ! np,ut ']'hoFe W~lS llono. Motion by Councilmember Cook, seconded by Councilmember Olson, to close the public hearing. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Cook, Olson, Elvig, Pearson, and Strommen. Voting No: None. Absent: CouncilmemberJeffrey. The public hearing was closed at 7:20 p.m. Council Business Mayor (;amec called thc regular City Council meeting back to order at 7:20 p.m. Motion by Councihnember Cook, seconded by Councilmember Elvig, to adopt Resolution #05- 03-073 approving redevelopment project area and plan. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Cook, Elvig, Olson, Pearson, and Strommcn. Voting No: None. Absent: Councilmember Jeffrey. Case #3: l'ublic Hearing to Consider Execution of a Business Subsidy Agreement with Professional Properties, LLC Mayor Gamec closed the regular portion of the City Council meeting at 7:21 p.m. in or-der to conduct a public hearing. Public Ilcaring Mayor Gamec called the public hearing to order at 7:21 p.m. City Council/March 8, 2005 Page 7 of 18