July 21 Dist 6

CITY OF CAMBRIDGE
NOTICE OF PUBLIC HEARING
ISANTI COUNTY
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Cambridge, Isanti County, State of Minnesota, will hold a public hearing on July 21, 2014, at approximately 6:00 P.M. at the City Council Chambers in City Hall, 300 Third Ave NE, Cambridge, Minnesota, relating to the City of Cambridges (the City) proposed adoption of a Modification to the Development Program for Development District No. 6 (the Development Program Modification), the proposed establishment of Tax Increment Financing District No. 6-16 (a housing tax increment financing district) within Development District No. 6, and the proposed adoption of a Tax Increment Financing Plan (the TIF Plan) therefor (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. 6-16 is located within Development District No. 6 and the City of Cambridge. A map of Development District No. 6 and Tax Increment Financing District No. 6-16 therein is set forth below. Subject to certain limitations, tax increment from Tax Increment Financing District No. 6-16 may be spent on eligible uses within the boundaries of Development District No. 6.
Appendix XXX
Maps of Development District No. 6 and the District

The boundaries of Development District No. 6 are being expanded to include any property previously annexed into the City. The boundaries of Development District No. 6 shall be coterminous with the corporate boundaries of the City of Cambridge.
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 CAMBRIDGE, MINNESOTA
/s/ City Administrator
Published in the Isanti County News July 9, 2014 247345
TIF District
No. 6-16
Tax Increment Financing District
No. 6-16 Development District No. 6
City of Cambridge
Isanti County, Minnesota

Comments Closed

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