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PC 24-01Docusen Envelope lD: 1 DF9B49C-5BC3-40E&839G30C2E9464976 RESOLUTION NO.202{-01 A RESOLUTION FINDING THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 13 CONSISTENT WITH THE CHANHASSEN COMPREHENSIVE PLAN WHEREAS, the Chanhassen Economic Development Authority (the "EDA') and the City of Chanhassen (the "City") have determined that it is in the public interest to establish Tax Increment Financing District No. 13 (the "TIF District") within the Downtown Chanhassen Redevelopment Project Area; and WHEREAS, the EDA and the City have prepared a tax increment financing plan (the "TIF Plan") for the TIF District which authorizes the expenditure of tax increment to meet, in part, the expenses ofthe TIF District and the Downtown Chanhassen Redevelopment Project Area; and WHEREAS, the TIF Plan is included in a document entitled "Modification to the Redevelopment Plan, Downtown Chanhassen Redevelopment Project Area and Tax Increment Financing Plan for Tax Increment Financing District No. 13, (a renewal and renovation district)", draft dated March 11,2024 on file with the EDA and the City, and WHEREAS. the Planning Commission has received and reviewed the TIF Plan. NOW, THEREFORE, BE IT RESOLVED by the Chanhassen Planning Commission that the TIF Plan is found to be consistent with Chanhassen's Comprehensive Plan. Dated: February 20,2024 WL Eric Noyes, Chair ATTEST: f'**-di Kelsey Alto. Vice Chair I CHl35{5-914233.v1