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HASTINGS HOUSING AND REDEVELOPMENT AUTHORITY CITY OF HASTINGS RESOLUTION NO. RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF HASTINGS CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF HASTINGS DOWNTOWN REDEVELOPMENT AREA; THE MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR THE DOWNTOWN REDEVELOPMENT TAX INCREMENT FINANCING DISTRICT; AND THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO.3 (A QUALIFIED HOUSING DISTRICT). BE IT RESOLVED, by the Board of Commissioners (the 'Board") of the Hastings Housing and Redevelopment Authority,Minnesota(the"BRA")as follows: WHEREAS,the City Council (the"Council')of the City of Hastings,Minnesota(the"City")established Hastings Downtown Redevelopment Area and the Downtown Redevelopment Tax Increment Financing District pursuant to Minnesota Statutes,Minnesota Statutes,Sections 469.174 through 469.179,inclusive,as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City;and WHEREAS;the HRA is proposing the modification of the Hastings Downtown Redevelopment Area;a Modification to the Tax Increment Financing Plan for the Downtown Redevelopment Tax Inerement Financing District;and the establishment of Tax Increment Financing District No.3,pursuant to and in accordance with Minnesota Statutes, Sections 469.174 through 469.179, inclusive,as amended; NOW, THEREFORE BE IT RESOLVED by the Board as follows: 1. The HRA hereby requests that the Council call for a public hearing on November 20,2000 to consider the proposed adoption of the Modification to the Redevelopment Plan for Hastings Downtown Redevelopment Area; the Modification to the Tax Increment Financing Plan for the Downtown Redevelopment Tax Increment Financing District; and the proposed adoption of the Tax Increment Financing Plan for Tax Increment Financing District No.3(collectively,the"Plans")and cause notice of said public hearing to be given as required by law. 2. The HRA directs the Executive Director to transmit copies of the Plans to the Planning Commission of the City and requests the Planning Commission's written opinion indicating whether the proposed Plans are in accordance with the Comprehensive Plan of the City,prior to the date of the public hearing. 3. The Executive Director of the HRA is hereby directed to submit a copy of the Plans to the Council for its approval. 4. The HRA directs the Executive Director to transmit the Plans to the county and the school district(s)in which Tax Increment Financing District No. 3 is located not later than October 6, 2000.