December 6, 2018 at 11:51 a.m.
CHISAGO COUNTY - STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Lindstrom, Chisago County, State of Minnesota, will hold a public hearing on December 20, 2018, at approximately 7:00 p.m. at the Lindstrom City Council Chambers in City Hall, 13292 Sylvan Ave, Lindstrom, Minnesota, relating to the City of Lindstrom's (the "City") proposed adoption of a Modification to the Development Program for Development District No. 1 (the "Development Program Modification"), the proposed establishment of Tax Increment Financing District No. 1-7 (a redevelopment tax increment financing district) within Development District No. 1, and the proposed adoption of a Tax Increment Financing Plan (the "TIF Plan") therefore (collectively, the "Program and Plan"), pursuant to Minnesota Statutes, 469.124 to 469.133 and Sections 469.174 to 469.1794, all inclusive, as amended. Copies of the Program and Plan are on file and available for public inspection at the office of the City Administrator at City Hall.
The property to be included in Tax Increment Financing District No. 1-7 is located within Development District No. 1 and the City of Lindstrom.
The boundaries of Development District No. 1 are being expanded and shall be coterminous with the corporate limits of the City. A map of Development District No. 1 and Tax Increment Financing District No. 1-7 therein is set forth below. Subject to certain limitations, tax increment from Tax Increment Financing District No. 1-7 may be spent on eligible uses within the boundaries of Development District No. 1.
All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing.
BY ORDER OF THE CITY COUNCIL OF THE CITY OF LINDSTROM, MINNESOTA
/s/ John Olinger, City Administrator
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