85-050 RES
.
.
.
The City Council for the City of Elk River, Minnesota
Resolution No. 85-~
A RESOLUTION AMENDING THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT
NO. 1 TO AUTHORIZE CERTAIN ADDITIONAL PUBLIC INPROVEMENT ACTIVITIES.
WHEREAS, the City Council for the City of Elk River, by
Resolution No. 85-10, adopted April 1, 1985, designated Development
District No. 1 as a municipal development district pursuant to
Chapter 472A of Minnesota Statutes and approved the development
program for Development District No.1; and
WHEREAS, the City Council for the City of Elk River, by
Resolution No. 85-30, adopted July 22, 1985, established Tax Increment
Financing District No. 2 and approved the Tax Increment Financing
Plan for Tax Increment Financing District No.2; and
WHEREAS, the Tax IncrementrFinancing Plan for-'1'ax Increment Dis<t.rict
No. 2 authorizes payment from taxinGrement funds for certain public
improvements within Tax Increment District No. 2 including the
installation of utilities, the construction of parking facilities,
landscaping, curb and gutter, and sidewalks, and the payment of sewer
and water availability charges for the Evans Park Project; and
WHEREAS, it has come to the attention of the City Council of the
City of Elk River that the Development Program for Development District
No. 1 should also specifically authorize the construction of the public
improvements proposed to be paid for with tax increment generated by
Tax Increment Financing District No.2.
THEREFORE, the City Council for the City of Elk River, acting
pursuant to its authority under Chapter 472A of Minnesota Statutes,
hereby resolves as follows:
1. The Development Program for Development District No. 1
be amended by adding a new section IF5 as follows:
5. Evans Park pUblic Improvements.
The installation of utilities, the construction of
parking facilities, landscaping, curb and gutter,
sidewalks, and the payment of sewer and water avail-
ability charges for the Evans Park Project.
2. The development program for Development District No. I shall
in all other respects remain in full force and effect with-
out change.
"
.
.
.
'!"'---.,
The following Resolution was introduced by Councilmember
COllncilmember Schllldt
and duly seconded
by Councilmember Engstrom
The following voted in favor of the Resolution:
Councilmembers Engstrom, Schuldt, Gunkel and Williams
The following voted against:
o
The following were absent:
o
Whereupon the Resolution was adopted.
ADOPTED:
September 23, 1985
, 1985.
~' ~
,....>~ - .)- ,'- '
/' /' " ' '"
( """""1/' -" ", / </ " :
, ""~v. /, '"
" ?:-G.~" > ,.,ae
Rlchard inkle, Mayor
ATTEST:
/?/t~