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L 6W <br />all, ► ORIGINATING DEPT. /bIV.: <br />Admin i* st rat, i on, <br />ITEM DESICRIPTION' Modification to Tax increment Plan <br />MEETING <br />DATE 5/9/83 <br />: <br />AD <br />A <br />DEPT.HE PROVAL. <br />The Council at, *its March l4th meet' <br />ing., referred the proposed modification to <br />the Tax Increment Plan, to the Planning Con=ssion,,, and also established a <br />public hearing to consider the modcati'on at tihe May 9th Council meeti*ng, <br />The Planning Commission, 0 <br />at its April meeting, determined that the Tax Increment <br />Financ III g Plan,,, as moded, is, consistent, with the City of Roseville Comprehensiv <br />Ramsey County and School Districts 621 and, 62113 have been, notified of the May 9th <br />hearing and havie been provided a copy of the modification, <br />0 <br />'The modification Permits the City t,o acq <br />ulie property in the Tax Increment District <br />north of Rosedale for later -resale for business development, <br />ff 1 0 oft ft <br />Council Action Requested: Motion adopting a, resolution, approving a moa3-.ti cat i on <br />to existing development pro gram and Tax Increment <br />Plan for Development District No. I and Redevelopment <br />District Nos, 1 and 2. <br />I <br />The Council has pre-vilously received a copy of the modification,, however, <br />need, anoth,er cop please call Lol^LS,.i <br />L <br />