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HomeMy WebLinkAboutCity Council Resolution 1986-414RESOLUTION NO. 86-414 RESOLUTION APPROVING A MODIFICATION OF THE DEVELC?LENT PROGRAM FOR DEVELOPMENT DISTRICT NO. 3 BE IT RESOLVED by the City Council of the City of Plymouth, Minnesota as follows: Section 1. Background. 1.01. The City has heretofore duly established Development District No. 3 (District) pursuant to Minnesota Statutes, Chapter 472A (District Act) and approved a development program (Program) for the District. 1.02. The City staff has presented to this Council a proposal for the proposed amendment to the Program now on file with the Clerk which amendment is designed to enhance the economic development potential of the District. 1.03. This Council has this day conducted a public hearing after duly published notice, on the proposed amended Program. Sec. 2. Findings: Approval: Adoption. . 2.01. It ie found and determined that the amended Program meets the 1 objectives and purloses of the District Act and will enable the City to achieve its economic and transportation development goals for the portion of the City included in the District and for the City as a whole. 2.02. The amended Program is approved. ATTEST: Clerk 00660786.R02