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Councjlm?t,l:~,~: Cox introduced the following resolution and moved <br />for il.r~ <br /> <br />RESOLUTION ~87-60 <br /> <br />i~-;S(L[fi?ION CALLING A PUBLIC HEARING ON <br />f~']:.O[OSED ESTABLISHMENT BY R/dE CITY OF DEVELOPMENT <br /> ~Tii3'JR?,i(.T NO. 2 AND ~HE PROPOSED ADOPTION OF THE <br />!)~,OPMENT PROGRAM RFg_,ATING THERETO AND THE <br />;~'t<¢)!~0S5l-) ESTABLISHMENT OF TAX INCREMENT FINANCING <br /> '.[>~iSO:~ICT. NO. 3 AND THE PROPOSED ADOPTION OF A <br /> INCREMENT FINANCING PLAN RELATING THERETO <br /> <br />NOW '_Ml]¢{~,:i..O!d~;~ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RA~$~~, ANO~_~A (~3NTY, STA~E OF MINNESOTA, as follows: <br /> <br /> ]. l'b~t: tt~e I~%msey City Council shall meet on Tuesday, May <br />]_2, ].98'/~ st approximately 7:30 p.m., to hold a public hearing on <br />the fo]],~.~;~n9 matters: (a) the proposed establishment of the <br />City's !~;vcJ. olm~ent District No. 2; (b) the proposed adoption of <br />the De~(~J. opment Program relating thereto; (c) the proposed <br />estab] J. sf~[~en't~ of Tax Increment Financing District No. 3 therein; <br />and (6) !h,c .-~rolx)sed adoption of a Tax Increment Financing Plan <br />relatin9 !-i~ereto~ all pursuant to and in accordance with <br />_~DZl~5~i.i~_~J.t~F._~tcs, Chapter 472A, as amended and ~ <br />J~tatu%~.,, ~-:e~;'hJons 273.71 to 273.78, inclusive as amended. <br /> <br /> 2~ '.~::bo.i: LeFevere, Lefler, Kennedy, O'Brien & Drawz, as <br />special (:;.~u~.~;~:l is hereby authorized and directed to prepare said <br />develc, l~,~nt ]~rcgram and tax increment financing plan. <br /> <br /> 3,, '.i?;:~a~ the City staff is hereby authorized and directed to <br />take 3~.1 act~:i.ons necessary to prepare and present said program and <br />plan l:o 'hht: City Council as expeditiously as is reasonably <br />possJ, b~ ~:, <br /> <br /> 4~ q';;~r the Clerk.~.A~ainistrator is hereby authorized and <br />directe~ '~ submit said program and plan to the appropriate <br />school ] o;_~:~',!i a~nd to the /~]oka County Board for comment. <br /> <br /> 5. '.i'~d the Clerk~-Adrainistrator is authorized and directed <br />to pre?.~, ~ not:ice for publication in the official newspaper of <br />the pt.b]_J~: bearing and that such notice shall be published at <br />least oi]e~'.e .is said newspaper at least ten but not more than <br />thirty da?;:_..' l.rior to such public hearing. <br /> <br />The mo~:ios, :?~r the adot~:.ion of the foregoing resolution was duly <br />secon0ed ~y Comtci].member DeLuca and upon vote being taken <br />thereo~r !:l~t ~!o2.1owing voted in favor thereof: <br /> <br /> <br />