RES 95-01 RESOLUTION 95- 1
A RESOLUTION OF THE ELK RIVER PLANNING COMMISSION
FINDING THE ECONOMIC DEVELOPMENT AUTHORITY'S
TAX INCREMENT FINANCING PLAN FOR
TAX INCREMENT FINANCING DISTRICT NO. 13 LOCATED WITHIN
DEVELOPMENT DISTRICT NO. 1 IS CONSISTENT WITH THE
COMPREHENSIVE PLAN FOR THE CITY OF ELK RIVER
WHEREAS, the Economic Development Authority's proposed Tax Increment Plan for
the Tax Increment Financing District No. 13 (the Plan) to be located
within Development District No. 1, has been submitted to the Elk River
Planning Commission; and,
WHEREAS, the Planning Commission has reviewed the Plan to determine the
consistency of the Plan to the Comprehensive Plan of the City of Elk
River based on the following findings:
1. The Tax Increment Financing District is located within the
Business Park Zoning District, with an underlying land use of
Light Industrial.
2. The proposed project's use is consistent with the uses found in the
Business Park Zoning Ordinance.
3. The Business Park (Country Crossing Business Center) has water
and sewer available to the sites.
4. The Business Park (Country Crossing Business Center) is
adequately served by atransportation system that is designed to
accommodate manufacturing uses and associated industrial traffic.
NOW, THEREFORE, BE IT RESOLVED by the Elk River Planning Commission that
the Tax Increment Financing Plan for Tax Increment Financing District
No. 13 is consistent with the Elk River Comprehensive Plan.
Adopted this 22nd day of August, 1995.
LouiseKuester, Chair
ATTEST:
Steven B. Ach, City Planner