RES 18-01City of Elk River
Planning Commission
Resolution 18- 01
A Resolution of the Planning Commission of the City of Elk River
Concerning Development District No. I and a proposed Tax Increment
Financing District of the City of Elk River
WHEREAS, the proposal by the City of Elk River, Minnesota to amend the Development
Program for Development District No. 1 (the "Program') to reflect increased public
development and redevelopment costs and activities, establish Tax Increment Financing
(Housing) District No. 25 Qackson Hills Residential Suites Housing Project, and adopt the
Tax Increment Financing Plan relating thereto (the "TIF Plan" and, together with the
Program, the "Plans'D, all pursuant to and in conformity with applicable law, including
Minnesota Statutes §769.124 to 769.133 and Section 469.174 to 469.1794, as amended, has
been submitted to the City of Elk River Planning Commission (the "Commission'D: and
WHEREAS, the Commission has reviewed the Plans to determine the consistency of the
Plans with the Comprehensive Plans for the City of Elk River.
NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of
Elk River, Minnesota, as follows: the Plans are consistent with the Comprehensive Plan for
the City of Elk River and conform to general plans for development or redevelopment of
the City as a whole.
Passed and adopted this 274' day of March, 2018.
Char
ATTEST:
Tina Allard, City Clerk
INATUREJ
PAM[AEA AP