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02-014 RESRESOLUTION 02- 1/~ A RESOLUTION OF THE CITY OF ELK RIVER A RESOLUTION INITIATING PROCESS FOR CONSIDERATION OF DEVELOPMENT PROJECT BE IT RESOLVED by the City Council (the "Council") of the City of Elk River, Minnesota (the "City"), as follows: 1. Recitals a) Pursuant to Minnesota Statutes, Sections 469.090 through 469.108, the Elk River Economic Development Authority (the "EDA") is authorized to exercise development and redevelopment powers. b) The EDA proposes to establish its Development Project No. 1 (the "Project") and adopt the Development Program for the Project (collectively, the "Plans"). c) The EDA has requested that the Council hold a public hearing on the Plans, as required by Minnesota Statutes, Section 469.028. Public Hearing The Council will hold a public hearing on the Plans at a meeting of the Council to be held at the City Hall on Monday, April 8, 2002. The staff of the City is hereby authorized and directed to cause the notice of public hearing which is attached to this Resolution to be published in the City' official newspaper not more than 30 and not less than 10 days prior to the scheduled hearing date. Passed and adopted this 11th day of March 2002. Sandra A. Peine, City Clerk S / admin/ resolution/ resolution 02-