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RES 1983-113 - 000058431 223 RESOLUTION NO. 113 - 1983 RESOLUTION CALLING PUBLIC HEARING ON THE ESTABLISHMENT OF PROPOSED TAX INCREMENT DISTRICT NO. 4 WITHIN REDEVELOPMENT PROJECT NO. 1 AND THE ADOPTION OF A TAX INCREMENT FINANCING PLAN RELATING THERETO. BE IT RESOLVED by the City Council (the "Council ") of the City of Fridley, Minnesota (the "City "), as follows: 1. Public Hearing. The City Council shall meet on Monday, December 19, 1983, at 7:30 p.m., C.T., as required by Minnesota Statutes, Section 273.74, Subdivision 3, to hold a public hearing on and to consider approval of the proposal of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority "), to establish the Authority's Tax Increment District No. 4 (the "District ") within its Redevelopment Project No. 1 and to adopt a Tax Increment Financing Plan therefore (the "Plan"). 2. Notice of Hearing; Filing of Plans. The City Clerk- Treasurer is authorized and directed to cause notice of the hearing, substantially in the form attached hereto as Exhibit A, to be published once in a newspaper of general circulation in the City not less than ten or more than 30 days prior to the date of the hearing and to place a copy of the proposed District and Plan on file in the Clerk- Treasurer's office, and there make available for inspection by the public, not later than the date of publication of the notice. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 21ST DAY OF NOVEMBER, 1983. ATTEST: SIDNEY C. INMAN - CITY CLERK WILLIAM J. MAYOR Page 2 — Resolution No. 113 - 1983 224 EXHIBIT A NOTICE OF PUBLIC HEARING CITY OF FRIDLEY COUNTY OF ANORA STATE OF MINNESOTA ' NOTICE IS HEREBY GIVEN that the City Council of the City of Fridley, Minnesota, will hold a public hearing on Monday, December 19, 1983, at 7:30 p.m., C.T., in the Fridley City Hall, 6431 University Avenue NE, Fridley, Minnesota, pursuant to Minnesota Statutes, Section 273.74, Subdivision 3, on a proposal of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority ") the Tax Increment District No. 4, be established within the Authority's Redevelopment Project No. 1 and that a tax increment financing plan for said tax increment district be adopted. All interested persons may appear at the hearing and present their views on the proposal orally or in writing. Dated: November 14, 1983. BY ORDER OF THE CITY COUNCIL /s/ Sidney C. Inman Clerk- Treasurer 1 1