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HomeMy WebLinkAboutRes. 20-091Resolution 20-091 Resolution Approving Tax Increment Financing District Number Ten (#10) Project Plan Whereas, the Brookings Planning Commission has recommended the approval of the Tax Increment Financing District Number Ten Project Plan, City of Brookings; and Whereas, the City Council finds that all requirements have been met in order to approve said Tax Increment Plan. Now, Therefore, Be It Resolved by the City Council 1. Approval of Project Plan. The project plan, a copy of which is on file with the City Finance Officer hereby approved. 2. Findings. The City Council finds that the project plan is feasible and that it conforms to the City's master plan. All findings made in the tax increment financing project plan are included herein by reference. 3. Effective 20 days after publication. This resolution shall become effective 20 days after publication and absent any challenge at law all findings and conclusions in the Tax Increment Financing Project Plan for Tax Increment Financing District Number Ten, City of Brookings shall be final. Passed and Approved this 10th day of November, 2020. CITY OF BROOKINGS Keith W. Corbett, Mayor e '°+° Oh,* bster, City derk # Legal Description 2 Block 4, D & D Addition 3 Block 3, D & D Addition 4 Lot 10, Block 13, Pheasant Nest Addition 5 Lot 1, Block 12, Pheasant Nest Addition 6 Lot 2A, Block 12A, Pheasant Nest Addition 7 Lot 3A, Block 12A, Pheasant Nest Addition 8 Lot 5B, Block 13, Pheasant Nest Addition 9 Lot 10, Block 11, Pheasant Nest Addition 10 Lot 1, Block 2, McClemans Addition 11 N 621' of SE 1/4 Exc W 1113', Exc OL A, Exc McClemans Addition & Exc W 1176' of E 1301' of S 340' of Sec 35-110-50 121 Lot 9, Block 11, McClemans Addition 131 Lot 16A, Block 11, McClemans Addition Tax Increment District #10 N A