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Resolution NO:RZ92-28 (2) CITY OF HOPKINS 4111 P LANNING COMMISSION RESOLUTION NO. RZ92 RESOLUTION FINDING THE AMENDED REDEVELOPMENT PROJECT PLAN FOR REDEVELOPMENT PROJECT NO. 1 AND THE TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 2 -6 CONSISTENT WITH THE PLANS FOR DEVELOPMENT OF THE CITY OF HOPKINS WHEREAS, the Housing and Redevelopment Authority in and for the City of Hopkins (the "Authority has authorized preparation of an amended Redevelopment Project Plan (Project Plan) for Redevelopment Project No. 1 and a Tax Increment Financing Plan (TIF Plan) for Tax Increment Financing District No. 2 -6 (TIF District) and the amended Project Plan and TIF Plan have been submitted to the Planning Commission for comment; and WHEREAS, the Planning Commission has reviewed the amended Project Plan and the TIF Plan and has compared them with the plans for development of the City as a whole. NOW, THEREFORE, BE IT RESOLVED By the Planning Commission of the City of Hopkins, Minnesota as follows: 1. The amended Project Plan for Redevelopment Project No. 1 and the TIF Plan for the TIF District are found to be consistent with the plan for development of the City of Hopkins as a whole. 2. It is recommended that the City Council of the City of Hopkins hold the pub hearing required by law and adopt the amended Project Plan and the TIF P -n. Approved this 29 day of September 92, b the Planning Commi -ion of the City of Hopkins, Minnesota. "IP C 17rp ,non ATTEST: Secretary