RES 21-04� City of Elk River
Ver Planning Commission
Resolution 21-04
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, Minnesota
WHEREAS, the proposal by the City of Elk River, Minnesota to amend the Development
Program for Development District No. 1 (the "Program") to reflect additional public
development and redevelopment costs and activities, establish Tax Increment Financing
District (Housing) No. 28 Gackson Hills Phase II Housing Project) (the "TIF District")
within Development District No. 1, and adopt the Tax Increment Financing Plan relating
thereto (the "TIF Plan" and, together with the Program, the "Project"), all pursuant to and
in conformity with applicable law, including Minnesota Statutes, 469.124 to 469.133 and
Sections 469.174 to 469.1794, as amended (the "TIF Act"), has been submitted to the City
of Elk River Planning Commission (the "Commission"); and
WHEREAS, the Commission has reviewed the Project to determine the consistency of the
Project with the comprehensive plan for the City of Elk River; and
WHEREAS, the Planning Commission's review of the Projects relates solely to
compliance with the TIF Act. The Planning Commission shall undertake a detailed review
of the proposed plans described in the TIF Plan as part of the City's normal planning
process on a later date.
NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of
Elk River, Minnesota, as follows: the Project is 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 21" day of December 2021.
ATTEST:
Tina Allard, City Clerk
Perry B se, Vice -Chair
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