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CouncJhncmbt:r I )cLuca JntroduceA the following resolution and moved for its adoption: <br /> <br />RESOLUTION #90-03-089 <br /> <br />RESOI, UTION CALLING FOR A PUBLIC HEARING ON THE MODIFICATION <br />OF TilE I~E'VEIX)PMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1, <br />MODIFICATI()N OF THE TAX INCREMENT FINANCING PLAN FOR TAX <br />INCREIV~iENT FINANCING DISTRICT NO. 2; AND ADOPTION OF A TAX <br />INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING <br />DISTRIC. T N()o 5 <br /> <br /> WltEREAS, the Ramsey City Council by prior action has established Development <br />District No. I (Development District) pursuant to Minnesota Statutes, Sections 469.124 through <br />469.134 ami has c:-:tablJshed several Tax Increment Financing (TIF) districts within Development <br />District: No. I put'suant to Minnesota Statutes, Sections 469.174 through 469.179; and <br /> <br /> WtlEREAS, the City Council believes it is necessary to modify the Development <br />Program for ~he Development District, modify the TIF Plan for TIF District No. 2 and establish <br />TIF Disn'ict N~. 5 within the Development District. <br /> <br />NOW TIII,;III.,;FORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, f;TATE OF MINNESOTA, as follows: <br /> <br />l) <br /> <br />That lh{z City Administrator is hereby authorized and directed to cause to be prepared a <br />mod ifi::d Development Program for Development District No. 1, a modified TIF Plan for <br />TIF District No. 2, and a TIF Plan for TIF District No. 5, and to file a copy of all <br />ctoct!n~e;~ts in City Hall. <br /> <br />2) <br /> <br />Th at th c ~.ii ty Administrator is authorized and directed to prepare a notice for publication in <br />thc oft'ici al newspaper setting a public heating before the City Council on the 24th day of <br />April. 1990, at 7:30 p.m. in the Council Chambers on the modified Program and TIF <br />Plans. Thc notice shall be published in the newspaper at least 10 but not more than 30 days <br />prior I(~ thc public hearing. <br /> <br />3) <br /> <br />Tha~ ~l~c (iity Administrator is hereby authorized and directed to take all other actions <br />nccc%;u'y ~o bring the Development Program and TIF Plans before the City Council at the <br />time of ii,cz public heating. <br /> <br />The motic,] tt)r ~hc adoption of the foregoing resolution was duly seconded by Councilmember <br />Pearson amt Ul)On vote being taken thereon, the following voted in favor thereof: <br /> <br />and the fo!lowi~g voted against the same: <br /> <br />and thc £oil¢>wi~g :tbstained: <br /> <br /> <br />