Title
Approval of 2025 Revised LDFA Development and Tax Increment Financing Plans
Body
Resolved, that:
1. The 2025 Restated Plan, in substantially the form presented to this meeting, is hereby approved, together with such changes as are determined by the Chair, the Vice Chair, the Secretary, or an authorized designee of any of them, to be necessary or advisable in furtherance of this resolution or the extension and approval of the 2025 Restated Plan and not materially adverse to the LDFA.
2. The LDFA hereby requests that the Council hold a public hearing on the 2025 Restated Plan at its meeting to be held on September 8, 2025 and to provide notice of such public hearing pursuant the Act.
3. Following the public hearing, the LDFA hereby recommends and requests that the Council approve the 2025 Restated Plan and extend the 2025 Restated Plan through December 31, 2045 pursuant to the Act.
4. All resolutions and parts of resolutions insofar as they conflict with the provisions of this resolution are rescinded.