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<br />... "r ~" <br /> <br />requirements. Metro Council has determined that commencing enforcement of <br />1 in 10 average density in 18 months is an acceptable compromise and the <br />amendment to the Comprehensive Plan will not be approved unless this <br />happens. <br /> <br />Case #2: Discuss Altron Tax Increment Project: <br /> <br />Mr. Hartley presented a preliminary development agreement for the Altron <br />tax increment project. <br /> <br />Motion by Councilmember Sorteberg andsec onded by Councilmember Cox to <br />enter into a preliminary development agreement with Altron. Inc. to prepare <br />plans and specifications for site improvements to be financed with tax <br />increment financing. <br /> <br />"Motion carried. Voting Yes: Mayor Reimann. Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />Case #3: AdoDt Resolution Authorizin~ A Modification To The Tax <br />Increment Financin~ Plan For Tax Increment Financin~ District <br />No. 2 And Call For A Public Hearin~ On Modification Of The <br />DeveloDment Prozram For Development District No. 1 And To The <br />Tax Increment Financinv District No.2: <br /> <br />Motion by Councilmember Cox and seconded by Councilmember Sorteberg to <br />adopt Resolution #88-107 authorizing a modification to the tax increment <br />financing plan for Tax Increment Financing District No.2 and calling for a <br />puulic hearing on modification of the development program for Development <br />District No. I and to the Tax Increment Financing District No.2. (Please <br />refer to resolution file for Resolution #88-107). <br /> <br />{ <br /> <br />Motion carried. Voting Yes: Mayor Reimann. Councilmembers Sorteberg, Cox. <br />DeLuca and Pearson. Voting No: None. <br /> <br />ADJOURNMENT <br /> <br />Motion by Councilmember S orteberg and see onded by Councilmember Cox to <br />adjourn the special City Council meeting. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />The special City Council meeting adjourned at 5:45 p.m. <br /> <br />Respectfully submitted, <br /> <br />/1 ~" - , <br />/ , /! <br />f/ / / /./L- <br />-' // ,/*//f:~,-;/"t/ <br />/ v /.;"..r /' / " ,;:;; -"/~ <br />David Hartley <br />City Administrator <br /> <br />S^tJV':~~~ <br /> <br />Sylvia Frolik <br />Secretary <br /> <br />City Council/June 21. 1988 <br /> <br />Page 2 of 2 <br /> <br />. ,.:,~ <br />\.. \',..J <br />