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HomeMy WebLinkAbout08-29-84 Special Mtg. ~ C\J (D (D o (I) <t r-- ,--. 171 Hastings, Minnesota August 29, 1984 The City Council of the City of Hastings, Minnesota met in a special meeting on Wednesday, August 29, 1984 at 7:30 p.m. in the Council Chambers of the City Hall. Members Present: Councilmen Karnick, Nesbitt, Klimek, Pike, Werner, and Mayor Stoffel. Members Absent: Councilmen Plan, Kulzer, and Trautmann. The City Administrator/Clerk, Gary E. Brown, gave a presentation of the Tax Increment Financing District (T.1. F.) in an Energy Park of the Industrial Park. There was considerable discussion between Members of the Hastings Housing and Redevelopment Authority, the City Council, and Murray Laub of Master Incorporated. Moved by Councilman Nesbitt, seconded by Oouncilman Werner to approve the plan to relocate Master Incorporated from 105 Tyler Street to the Industrial Park with the Community ~evelopment Block Grant Comnlitment of $200,000 through Dakota County HRA and with the Development of the T.I.F. District in an Energy Park of the Industrial Park, not to exceed $520,000, but not less than $420,000 for a period of ten (10) years, contingent upon the T.r.F. District being approved by all authorities and on written agree- ments between Mr. Laub and the City concerning energy and performance standards. Ayes, 5; Nayes, None. Moved by Councilman Karnick, seconded by Councilman Klimek to adjourn the meeting at 9:08 p.m. Ayes, 5; Nayes, None. ATTEST: LASERFtCHED MAY 2 3 2001