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CouncJ'!m.~.b~'~.. Cox introduced the following resolution and moved for its <br />adopt <br /> <br />RESOLUTION #86-119 <br /> <br /> CITY OF RAMSEY <br />COUNTY OF ANOKA <br />STATE OF MINNESOTA <br /> <br /> RESOLUTION ADOPTING A MODIFICATION TO <br />THE DEVELOPMENT PROGRAM FOR DEVELOPMENT <br />DISTRICT NO. I AND ADOPTING A MODIFICATION <br /> TO TAX INCREMENT FINANCING PLAN FOR <br /> TAX INCREMENT FINANCING DISTRICT NO. 1 <br /> <br /> gt< IT RESOLVED by the City Council (the Council) of the <br />City of ~!.~r,t~ey~ Minnesota. (the City) as follows: <br /> <br /> [l,.0i It has been proposed that the City modify the <br />Deve).op,n~t Program for Development District No. 1 and the Tax <br />Inc. rem,~! }iinancing Plan for Tax Increment Financing District No. <br />1 th,;rri_~, all pursuant to and in accordance with <br />S_~tat~ti~;~.~ Chapter 472A, as amended, and Minnesota Stat. utes <br />Sectio~ '~73,,?1 to 273W8~ inclusive, as amended. <br /> <br /> ] ~02 The Council has investigated the facts and has <br />caused ~c be prepared a proposed modified Development Program for <br />Developme~t District No~ 1 , describing the actions to be <br />undert6kc~ by the City to aid the development of Development <br />Dist~ Jc;~ J~o. 1, and has caused to be prepared a modified Tax <br />Increm~t~: ]?inancing Plan describing the property to be included <br />in Tax !0_ccement Financing District No. 1 and other matters <br />relat:i.~%, !he,:ato~ <br /> <br /> 1,,03 The City has performed all actions required by <br />].aw ~o 'be performed prior to the modification of Development <br />Distri~. ~,fo~ ! and Tax Increment Financing District No. 1 and the <br />sdoptJc~. ~i: the modified Development Program and modified Tax <br />Incr~m~,t ~?inancing Plan relating thereto, including, but not <br />limited ?~, notification of Anoka County and Anoka-Hennepin <br />indepen.:t~nt school district No. 11; consultation with the City <br />plannJr~g department regarding the modified Development Program <br />for De'v~]opment District No. 1 and of the modified Tax Increment <br />Finar~ci~i~ fijian for Tax Increment Financing District No. 1; and <br />ho]dJr, g ~,~f a public hearing regarding the Program and the Plan <br />upon ::~J,':!~ ~<:,?[ce as is required by law. <br /> <br /> 1~_~)4 The modified Development Program and modified Tax <br />Incremen;~ !?inancing Plan are contained in a document entitled <br />"Dev~~] ~i~m~,ut Program, Development District No. I and Tax <br /> <br />Resolution #86-119 <br /> <br />Page 1 of 4 <br /> <br /> <br />