RES 98-04 RESOLUTION 98 - 4_
CITY OF ELK RIVER, MINNESOTA
RESOLUTION OF THE CITY OF ELK RIVER PLANNING
COMMISSION FINDING THAT THE MODIFICATION TO THE
BUDGET FOR TAX INCREMENT FINANCING DISTRICT NO. 9
CONFORMS TO THE GENERAL PLANS FOR THE
DEVELOPMENT AND REDEVELOPMENT OF THE CITY
WHEREAS, the City Council for the City of Elk River, Minnesota (the
"City") has proposed to adopt a modification to the Budget for
Tax Increment Financing District No. 9 and has submitted
such Modification to the Elk River Planning Commission (the
"Commission") pursuant to Minnesota Statutes, Section
469.175, Subd. 3; and,
WHEREAS, the Commission has reviewed such Modification to determine
its consistency with the general plans for the development and
redevelopment of the City as described in the Comprehensive
Plan for the City.
NOW, THEREFORE, BE IT RESOLVED by the Commission that such
Modification is consistent with the general plans for the development and
redevelopment of the City.
Passed and adopted this 24th day of November, 1998.
Tom Mesich, Chair
ATTE T_
Sandra A. Peine, Ci y Clerk