RES 98-01 RESOLUTION 98 -I
CITY OF ELK RIVER, MINNESOTA
RESOLUTION OF THE CITY OF ELK RIVER PLANNING
COMMISSION FINDING THAT THE MODIFICATION TO THE
DEVELOPMENT PROGRAM FOR MUNICIPAL DEVELOPMENT
DISTRICT NO. 1 AND THE ADOPTION OF THE TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT
NO. 18 CONFORM 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
Development Program for Municipal Development District No.
1 and the adoption of the Tax Increment Financing Plan for
Tax Increment Financing District No. 18 (collectively, "the
Program and Plan") and has submitted the Program and Plan
to the Elk River Planning Commission (the "Commission")
pursuant to Minnesota Statutes, Section 469.175, Subd. 3;
and,
WHEREAS, the Commission has reviewed the Program and Plan to
determine their 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 the
Program and Plan are consistent with the general plans for the development
and redevelopment of the City.
Passed and adopted this 24th day of February, 1998.
Tom Mesich, Chair
ATTEST:
Sandra Thackeray, 6ity Clerk