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File #: Com 18-26    Version: 1 Name: 18-27 Establish TIF Dist. - Crown Iron Works
Type: Report Status: Filed
File created: 7/12/2018 In control: City Council
On agenda: 7/12/2018 Final action: 7/12/2018
Title: PUBLIC HEARING - CROWN IRON WORKS ECONOMIC DEVELOPMENT TIF PLAN, DEVELOPMENT PROGRAM AND BUSINESS SUBSIDY
Sponsors: Erik Thorvig

PUBLIC HEARINGS- Erik Thorvig, Economic Development Coordinator

 

Title

PUBLIC HEARING - CROWN IRON WORKS ECONOMIC DEVELOPMENT TIF PLAN, DEVELOPMENT PROGRAM AND BUSINESS SUBSIDY

 

Background

Minnesota State Statute 469.357 Subd. 3 requires that before any tax increment financing plan is approved by a municipality, a public hearing must be held.  Please refer to the Resolution item for background on the Crown Iron Works Economic Development TIF District.

 

Recommendation

Hold a public hearing and take testimony.