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Published October 26, 2012, 12:00 AM

1584590 Public Hearing - City Modifications of TIF District

Public Hearing

Publish October 26, 2012

NOTICE OF PUBLIC HEARING

CITY OF ALEXANDRIA

COUNTY OF DOUGLAS

STATE OF MINNESOTA

NOTICE IS HEREBY GIVEN that the Council shall meet on Tuesday, November 13, 2012 commencing at approximately 7:15 o’clock p.m. at City Hall, 704 Broadway, Alexandria, Minnesota, 56308, to hold a public hearing on the following matters: (1) modification of the Development Program for Development District No. 1 (the “Project Area”) to reflect increased project costs and increased bonding authority; (2) modification of the Tax Increment Financing Plans for Tax Increment Financing Districts Nos. 12, 14-18, 20-27, 29-34, and 36-47 to reflect increased project costs and increased bonding authority within the Project Area; (3) creation of Tax Increment Financing District No. 48; and, (4) adoption of a Tax Increment Financing Plan relating thereto, all pursuant to Minnesota Statutes, Sections 469.001 to 469.047, 469.124 to 469.134, 469.090 to 469.108 and 469.174 - 469.1799, inclusive, as amended and supplemented from time to time. Copies of the documentation relating to the above proposed actions will be on file and available for public inspection in the Administrator-Clerk’s office.

The property proposed to be included in Tax Increment Financing District No. 48 includes all or part of the following PIN and is set forth on the attached map:

63-7855-150

including all adjacent streets, roads and rights-of-way, and generally located at Arbor Crossing SE and 46th Avenue E, Alexandria, Minnesota.

All interested persons may appear at the hearing and present their views orally or in writing.

BY ORDER OF THE CITY COUNCIL

/s/ James Taddei, City Administrator

1584590

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