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CITY OF PEQUOT LAKES <br /> COUNTY OF CROW WING <br /> STATE OF MINNESOTA <br /> RESOLUTION NO. 09-25 <br /> • <br /> RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL <br /> ON THE PROPOSED ADOPTION OF A MODIFICATION TO THE <br /> DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1 AND <br /> THE PROPOSED ESTABLISHMENT OF TAX INCREMENT FINANCING <br /> DISTRICT NO. 1-14 THEREIN AND THE ADOPTION OF A TAX INCREMENT <br /> FINANCING PLAN THEREFOR. <br /> BE IT RESOLVED by the City Council (the "Council") for the City of Pequot Lakes, Minnesota (the <br /> "City"), as follows: <br /> Section 1. Public Hearing. This Council shall meet on October 6, 2009, at approximately 6:30 <br /> P.M., to hold a public hearing on the proposed adoption of a Modification to the Development Program <br /> for Development District No. 1 (the "Development Program Modification"), the proposed establishment <br /> of Tax Increment Financing District No. 1-14 (a redevelopment district), and the proposed adoption of a <br /> Tax Increment Financing Plan (the "TIF Plan") therefor (the Development Program Modification and the <br /> TIF Plan are referred to collectively herein as the "Program Modification and TIF Plan", all pursuant to <br /> and in accordance with Minnesota Statutes, Sections 469.124 to 469.134, and Sections 469.174 to <br /> 469.1799, inclusive, as amended, in an effort to encourage the development and redevelopment of certain <br /> designated areas within the City; and <br /> Section 2. Notice of Public Hearing, Filing of Program Modification and TIF Plan. City staff is <br /> authorized and directed to work with Ehlers & Associates, Inc., to prepare the Program Modification and <br /> TIF Plan and to forward documents to the appropriate taxing jurisdictions including Crow Wing County <br /> and Independent School District No. 186. The City Clerk is authorized and directed to cause notice of the <br /> hearing, together with an appropriate map as required by law, to be published at least once in the official <br /> newspaper of the City not later than 10, nor more than 30, days prior to October 6, 2009, and to place a <br /> copy of the Program Modification and TIF Plan on file in the City Clerk's office at City Hall and to make <br /> such copy available for inspection by the public. <br /> Dated: September 1, 2009 <br /> Adopted: <br /> Nancy Ad s, Mayor <br /> ATTEST: <br /> e e <br /> J <br /> Sandra A. Peine, City Clerk <br />