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aRTzc�.,E r <br />MODIFIED <br />DEVEL4PMENT PROGRAM FOR <br />DEVELOPMENT DISTRICT NO. 1 <br />(MAY 27, 1997) <br />Background <br />This document was prepared to tnodify the Developrnent Program ihat was adopted by the City Council on <br />June 26, 19$9 and modif�ed an April 26, 1993. On June 26, 1489, the City of Arden Hills, Minnesota <br />adopted a Development Program. The changes herein are intended to supplernent the existing DeveIopment <br />Program and modifications on file with the City ofArden Hills. <br />Introduction to May 27, 1997 Modifications <br />The following text represents a modification to the Developrr�en# Program for Developmen# District No. 1 <br />("Deveioptnent District No. 1"). Generally, the substantive changes include changes tp Development Disttict <br />No. 1 boundaries and budget modifications to tl�e Tax 3ncrement Financing Plans far T� Increment <br />�`inancing Districts Nos. l, 2, and 3. <br />For further information, a review of the Development Program for Development District No. 1, adopted June <br />2b, 19&9, and modified on April 26, 1993; the Tax Tncrement Financing Ylans for Tax Increment Financing <br />Districts Nos. 1 and 2, adopted 7une 26, 1989, and the Tax Increment Financing Plan for Tax Increment <br />Financing District Na. 3 adopted April 26, 1993, is recommended. They are avaiIable frorr► the City <br />Administrator's off ce of the City of Arden Hills. <br />Section 1.1. De�nitions. Th� terms defin�d below shall, for gurposes of this Developrnent Prograzr►, h�ave the <br />meanings herein specified, unless the context otherwise specifically requires: <br />"C�" means the City of Arden Hills, a municipal corporation and political subdivision of the State <br />of Minnesota. <br />"Coz��preh�nsive Plan" means the City's Compreh.ensiva Plan which corztains the objectives, policies, <br />standards and programs to guide public and private land use, development, redevelopznent and presez•vat�on <br />for all lands and water within the City. <br />"CounciI" means the City Council of the City. "County" means the Caunty af Ramsey, Minnesota. <br />"Develo ment District" means the City's Developrizent District No. 1 as defined in Minnesota <br />Statutes, Section 4b9.125, Subdivision 4. <br />"Development District Act" means the statutory pro�isions of Minnesota Statutes, Section 469.124 <br />througk► 469.134, inclusive, as amended and suppleznented fram time to time. <br />"Development Program" means the Developmen� Prograrr� for the Development District, adopted by <br />the City Couticil on June 26, 1989, as defined in Minnesota �tatutes, Section �69.125, Subdivision 5. <br />