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Resolution 4625
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Resolution 4625
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t`� �� . <br /> . ,.,; � O� <br /> • O O <br /> ��, - CITY of ORONO <br /> � ti <br /> �,� G'ti RESOLUTION OF THE CITY COUNCIL <br /> ��kESH�4��' NO. � 6 � � <br /> A RESOLUTION CALLING FOR A PUBLIC HEARING <br /> � ON THE PROPOSED ESTABLISHMENT OF <br /> � DEVELOPMENT DISTRICT NO. Y AND � . <br /> TAX INCREMENT FINANCING DISTRICT NO. 1-1 <br /> NOVV,THEREFORE,BE IT RESOLVED by the City Council of Orono, <br /> Minnesota: <br /> SECTION 1. Public Hearin�. The Council shall meet on May 14, 2001, at <br /> approximately 7:00 p.m. to hold a public hearing on: (1)the proposed establishment of <br /> Development District No. 1 and the adoption of a development program, and(2)the proposed <br /> establishment of Tax Increment Financing District No. 1-1 and the adoption of a tax increment <br /> • financing plan. These actions are taken pursuant to and in accordance with the Muuiesota <br /> Statutes, Sections 469.124 through 469.134 and Sections 469.174 through 469.179, inclusive, as <br /> amended, in an effort to encourage the development of certain designated areas and the provision <br /> of housing within the City; and <br /> SECTION 2. Notice of Public Hearin ,�Filin�of Documents. City staff is <br /> authorized and directed to work with Ehlers &Associates,Inc.,to prepare the Development <br /> Program for Development District No. 1 and the Tax Increment Financing Plan for Tax <br /> Increment Financin�District No. 1-1 and to provide notifications as required by State Law. The <br /> City Administrator is authorized and directed to cause notice of the hearing,together with an <br /> appropriate map as required by law,to be published at least once in the official newspaper of the <br /> City no later than 10,nor more than 30, days prior to May 14, 2001 and to place a copy of the <br /> Development Program and the Tax increment Financing Plan on file in the City Clerks's office at <br /> City Hall and to make such copy available for inspection by the public. <br /> Adopted by the City Council this 12th day of March,2001. <br /> � <br />
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