Resolution - #87-177 - 08/11/1987

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Courmi/~,~,.~,~b, r Sorteberg introduced the following resolution and moved for RESOLUTION #87-177 RESOLUTION CALLING A PUBLIC HEARING ON THE PROPOSED ESTABLISHMENT BY THE CITY OF DEVELOPMENT DISTRICT NO. 2 ABD THE PROPOSED ADOPTION OF THE DEVELOPMENT PROGRAM RELATING THERETO AND TIlE PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 3 AND THE PROPOSED ADOPTION OF A TAX INCREMENT FINANCING PLAN RELATING THERETO NOW ~Ht.3:~;b'O)d~, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOK~ ~X~i~!!T,.~ STATE OF MINNESOTA, as follows: '~. I~,, i the Ramsey City Council shall meet on Tuesday, August 25, 1987~ a'~ ~,i,~roxi. mately 7:30 p.m., to hold a public hearing on the following matl;~r:~ (~) the proposed establishment of the City's Development District No. 2~ (~) the proposed adoption of the Development Program relating ther~, <~ the proposed establishment of Tax Increment Financing District No. 3 ~]~<~ir,; ~nd (d) the proposed adoption of a Tax Increment Financing Plan r~<~-~i~% thereto, all pursuant to and in accordance with Minnesota St~C~ :i~-~ctions 469.124 through 469.137 and Minnesota Statutes, Sec! i~.,~:~ 4(','~,~174 through 469~179. 2~ I'[,.:1. the Clerk.-.Administrator is authorized and directed to prepare a r,o~ i~. i-~_ publication in the official newspaper of the public hearing and th~,~ ~,~ L notice shall be published at least once in said newspaper at least ~ ,~ !.~ ~ not more than thirty days prior to such public hearing. Thc ~,~i~,~,~ or the adoption of the foregoing resolution was duly seconded by (;o~( Im~mbe~ Pearson and upon vote being taken thereon, the following vot~d i~, ~:~ or thereof: Mayor Cox lmemb(~r DeLuca [ lmember Pearson lmemb er Sorteberg and th.~: ;:-~I owb~g voted against the same: and ti~.~ ~ ,i ~'~wing abst:ain, ed: and tit:: :',~l.owJ]lg was absent: Resolution #87-177 Page 1 of 2