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CITY OF PEQUOT LAKES, MINNESOTA <br /> RESOLUTION NO. <br /> RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY ON <br /> THE PROPOSED ADOPTION OF THE MODIFICATION TO THE <br /> DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 1, <br /> AND THE PROPOSED ESTABLISHMENT OF TAX INCREMENT <br /> FINANCING DISTRICT NO. 1-4 THEREIN, AND THE PROPOSED <br /> ADOPTION OF A TAX INCREMENT FINANCING PLAN THEREFOR. <br /> BE IT RESOLVED by the City Council(the"Council")for the City of Pequot Lakes,Minnesota(the"City"), <br /> as follows: <br /> Section 1. Public Hearing. This Council shall meet on Tuesday, September 16, 1997, at <br /> approximately 6:00 pm, to hold a public hearing on the proposed adoption of the Modification to the <br /> Development Program for Development District No. 1, the proposed establishment of Tax Increment <br /> Financing District No. 1-4, (an economic development district), and the proposed adoption of a Tax Increment <br /> Financing Plan therefor, all pursuant to and accordance with Minnesota Statutes, Sections 469.124 through <br /> 469.134, inclusive, as amended, and Minnesota Statutes, Sections 469.174 through 469.179, inclusive, as <br /> amended,in an effort to encourage the development and redevelopment of certain designated areas within the <br /> City; and <br /> \-.. Section 2. Notice of Public Hearing,Filing of Program and Plan. City staff is authorized and directed <br /> to work with Ehlers and Associates,Inc.,to prepare the Modification to the Development Program and the Tax <br /> Increment Financing Plan (the "Program and Plan") and to forward documents to the appropriate taxing <br /> jurisdictions including Crow Wing County and Independent School District No. 186. The City Clerk is <br /> authorized and directed to cause notice of the hearing,together with an appropriate map as required by law, <br /> to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days <br /> prior to September 16, 1997,and to place a copy of the Program and Plan on file in the City Clerk's office at <br /> City Hall and to make such copy available for inspection by the public. <br /> Dated: GGA 2C; /q91 <br /> Adopted: <br /> j, <br /> /41./ZI --‘• .-1--c;01/e <br /> May* <br /> c., <br /> ATTEST: <br /> _ a---- - -- i, /---7' <br /> City Clerk <br /> N:\IINNSOTA'PEQUOTLK\CITYCALL.RES <br />