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Councilmc tuber DcLuca introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #90-07-201 <br /> <br />RESOLUTI,iON CALLING FOR A PUBLIC HEARING ON THE <br />MODIFICATION OF THE DEVELOPMENT PROGRAM FOR <br />DEVELOPMENT DISTRICT NO. 1 AND MODIFICATION OF THE TAX <br />INCREMI~;NT FINANCING PLAN FOR TAX INCREMENT FINANCING <br />DISTI~ICT NO. 2 <br /> <br /> '¢/IIEREAS, the City Council, by prior action, has established Development <br />District No. ! (Development District) pursuant to Minnesota Statutes, Sections 469.124 <br />through 469.1134 and has established several tax increment financing (TIF) districts within <br />Develop~nc, nt District No. 1 pursuant to Minnesota Statutes, Sections 469.174 through <br />469~ 179; <br /> <br /> Wg.~E;~{EAS, the City Council believes it is necessary to modify the Development <br />Program f()r lhe Development District and modify the TIF Plan for TIF District No. 2 <br />withir~ th{; l)cvelopment District. <br /> <br />NOW TIIEt;~EF()RE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY ~)1,' RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as <br />follow:;: <br /> <br />1) <br /> <br />Th::,.t the City Administrator is hereby authorized and directed to cause to be <br />[~rct)al'cd a modified Development Program for Development District No. 1 and a <br />modified TIF Plan for TIF District No. 2 and to file a copy of all documents in City <br />It;~l!. <br /> <br />2) <br /> <br />Ti~',rt tl~o City Administrator is authorized and directed to prepare a notice for <br />tnd~iication in the official newspaper setting a public hearing before the City Council <br />o~ ire 31st day of July, 1990, at 5:30 p.m. in the Council Chambers on the <br />rno(ii[-i,~d Program and TIF Plan. The notice shall be published in the newspaper at <br />]o',tsl 1() but not more than 30 days prior to the public hearing. <br /> <br />3) <br /> <br />Tha.~ tt~c City Administrator is authorized and directed to take all other actions <br />r~cccss;u'y to bring the Modified Development Program and TIF Plan before the City <br />C,:~m.:ii at the time of the public hearing. <br /> <br />The rnotio~ 5'or the adoption of the foregoing resolution was duly seconded by <br />Counci hr,,c~ nbc:r Peterson and upon vote being taken thereon, the following voted in favor <br />thereo::: <br /> <br />and thc fo!lr~wi,~g voted against the same: <br /> <br /> <br />