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PLANNING COMMISSION <br /> CITY OF PEQUOT LAKES,MINNESOTA <br /> RESOLUTION <br /> RESOLUTION OF THE PEQUOT LAKES PLANNING COMMISSION FINDING <br /> THAT THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT <br /> FINANCING DISTRICT NO. 1-5 CONFORMS TO THE GENERAL PLAN FOR THE <br /> DEVELOPMENT OF THE CITY. <br /> WHEREAS, the City Council for the City of Pequot Lakes (the "City") has proposed to adopt a Tax <br /> Increment Financing Plan for Tax Increment Financing District No. 1-5 (the "Plan") and has submitted the <br /> Plan to the Pequot Lakes Planning Commission (the "Commission")pursuant to Minnesota Statutes, Section <br /> 469.175, Subdivision 3, and <br /> WHEREAS,the Commission has reviewed the Plan to determine its consistency with the general plan for <br /> the development of the City as described in the comprehensive plan for the City. <br /> NOW,THEREFORE,BE IT RESOLVED by the Commission that the Plan is consistent with the general <br /> plan for the development of the City. <br /> Adopted this 21st day of October , 1997. <br /> r/ <br /> Chair <br /> ATTEST: <br /> Vbat. • <br /> Secretary <br /> N:\MINNS OTA\PEQUOTLK\TIF 1-5\PLANCOMM.RES <br />