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86-02 A CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: May 22r 1986 MOTION BY: Whitehill RESOLUTION NO: 86-2A SECONDED BY: Robbins BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Chanhassen, Minnesota as follows: Section 1. Recitals. 1.01. The Chanhassen City Council and this Authority have approved a redevelopment project to be undertakne by the Authority, designated as the Chanhassen Downtown Redevelopment Project (the "Project"), and a Redevelopment Plan (the "Plan"), for the Project. 1.02. Minnesota Statutes, Sections 462.525, Subd. (6) and 273.74, Subd. (4) allow the modification of a redevelopment plan and tax increment financing plan at anytime. 1.03. Modification No. 6 has been presented to the Authority for its consideration and approval. 1.04. Modification No. 6, if adopted, would amend Resolution No. 82-3 of this Authority, also know as Plan Modification No. 5, which implemented, purusuant to Minnesota Statutes Section 473.76, 462.445, Subd. 4 (1), and 462.445, Subd. 4(16), the program of expenditures in the area of the Chanhassen Lakes Business Park as decribed in Table 4 ("Project Expenditures Short-term Cost") of the "Amended Plan Draft February, 1980, Revised March 20, 1980" booklet, which was approved as Modification No. 3 to the Plan on March 20, 1980. Section 2. The Secretary is authorized and directed to sub- mit a certified copy of this resolution and said Plan Modification No. 6 to the City Council, which is hereby requested to approve the plan modification pursuant to Minnesota Statutes Section 273.74, Subd. 4. Section 3. The Secretary is authorized and directed to send said Plan Modification to the members of the County Board of Commissioners and the school board of all counties and school districts in which any portion of the district is located to inform them of the fiscal and economic implication of the plan and notify them that they are invited to meet with the Authority to review the Plan Modification. Adopted by the Housing and Redevelopment Authority of the City of Chanhassen this 22nd day of May, 1986. ATTEST: Don As h~6r th, Executive Director YES Whitehill Horn Swenson Robbins Bohn NO None ABSENT None