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98-110 RESRESOLUTION 98- 110 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION CALLING FOR A PUBLIC HEARING BY THE CITY COUNCIL ON THE MODIFICATION OF THE BUDGET IN THE PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 9 BE IT RESOLVED by the City Council (the "Council") for the City of Elk River, Minnesota (the "City"), as follows: Section 1. Public Hearing. This Council shall meet on Monday, December 21, 1998, at approximately 6 p.m., to hold a public hearing on the proposed modification of the budget in Tax Increment Financing Plan for Tax Increment Financing District No. 9 (an Economic Development District), all pursuant to and in accordance with Minnesota Statutes, Sections 469.090 through 469.1081, inclusive, as amended, and Minnesota Statutes, Section 469.174 through 469.179, inclusive, as amended; and, Section 2. Notice of Public Hearing, Filing of Program and Plan. Staff is authorized and directed to prepare the Modification of the budget to Tax Increment Financing Plan and to forward documents to the appropriate taxing jurisdictions including Sherburne County and Independent School District No. 728. The City Administrator is authorized and directed to cause notice of the hearing, together with an appropriate map as required by law, to be published at least once in the official newspaper of the City not later than 10 nor more than 30 days prior to Decdmber 21, 1998, and to place a copy of the Budget Modification on file in the City Administrator's office at City Hall and to make such copy available for inspection by the public. Passed and adopted by the City Council of the City of Elk River this 12th day of October, 1998. ATTEST: Sandra A. Peine, City Clerk Duitsman, Mayor