Laserfiche WebLink
<br />SECTION I. <br /> <br />TAX INCREMENT FINANCING PlAN FOR <br />TAX INCREMENT FINANCING DISTRICT NUMBER 1-7 <br /> <br />Subsection 2. 1. Statement of Obiectives. <br /> <br />llF District 1-7 is being created to facilitate development of a 50,000 square foot industrial building on a <br />parcel east of Royal Oaks Industrial Park. See SectIon I, Development Program for Development District <br />No.1, Subsection B, Statement of Objectives. <br /> <br />Subsection 2.2. Develooment Proaram. <br /> <br />See SectIon I, Development Program. <br /> <br />Subsection 2.3. Parcels to be Included in Tax Increment Financlna District No. 1-7. <br /> <br />The following parcels are located In the City of Centerville, COunty of Anoka, State of Minnesota: <br /> <br />A portion of parcel number - 24-31-22-33-0017 (approximately 3.5 acres) <br />(See EXHIBIT 1 for the map of Tax Increment financing District No. 1-7) <br /> <br />Subsection 2.4. Parcels in Acaulsitlon. <br /> <br />The City will not be acquiring all parcels with this development project. <br /> <br />Subsection 2.5. Develooment District Activities in Develooment District No. 1 for which Contracts <br />have been Sianed. <br /> <br />The following contracts have been entered Into by the City and the persons named below: <br />Subsection 2.6. Other Soedfic Develooment ExDected to Occur within Develooment District No.1. <br /> <br />50,000 square foot Industrial development (See EXHIBIT 4) <br /> <br />-Page1- <br /> <br />~ <br /> <br />- - - -- --- - - - --------- <br />