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.1-ZEEQUEST FOR COUNCIL, ACTION DATE: 7-11-81 <br />1 0 1 !40!= <br />Department Approval,: Manager--Revi'lewed: Agenda Sect---ion. <br />Item, Diescri tion: Resolution establi'shing tax increment <br />Vi ( <br />financing District No. 10 and approving the <br />01 V <br />tax increment financing plan relating theretoO <br />I <br />,it should be pointed, out, that the f ormulation of the distr ict does <br />not approve the project, The counci 1 must authorize the city to <br />enter into a development agreement w ith respect to projects that are <br />a direct, subsidy to a development <br />COUNCIL ACTION REQUESTED: Motion to approve/deny a resolut -ion <br />(Ji a v <br />establishing tax increment financing <br />District No, 10 and approving the tax <br />11 <br />increment f'inanc ing plan relating <br />thereto,,, <br />