HomeMy WebLinkAboutResolution 25-020RESOLUTION 25-020
RESOLUTION APPROVING TAX INCREMENT FINANCING DISTRICT
NUMBER SEVENTEEN
WHEREAS, the Brookings Planning Commission has recommended the approval of the
Tax Increment Financing District Number Seventeen 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 Proiect 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 planareincluded 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 Seventeen, City of Brookings shall;oe final.
Passed and Approved this 25th day of February, 2025.
CITY OF/137,00NGS, SD
. Niemeyer, Mayor
"A-
. offigif
'oster, City Clerk