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REQUEST FOR COUNCIL ACTION <br />DATE: 7/13/87 <br />ITEM NO.: d, � <br />Department Approval: Manager Reviewed: Agenda Section: <br />Hearings <br />Item Description: Approval of City Tax Increment District No. 9. <br />The Roseville Planning Commission, at its July 1, 1987 meeting, <br />unanimously found that the City's proposed Tax Increment District No. <br />9 is consistent with the City's Comprehensive Plan. <br />The attached map depicts the project areas relating to Tax Increment <br />District No. 9. The District is designed to facilitate the Fine, <br />Bonestroo, and Northwestern Mutual Life developments. In addition, <br />two of the major parcels on County Road C are included where major <br />development is envisioned in the future. <br />All of the specifics relating to potential dollars, City commitments, <br />etc., will be forthcoming to the City Council through,the Development <br />Agreements at a later date. The proposed resolution adopting the <br />District is also attached. <br />COUNCIL ACTION REQUESTED: <br />Motion approving/denying the adoption of City Tax Increment District <br />No. 9. <br />