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1999 HRA Resolution 0738 HRA RESOLUTION NO. 738 RESOLUTION AUTHORIZING THE ADOPTION OF CRITERIA FOR PROVIDING BUSINESS SUBSIDIES WHEREAS, the Housing and Redevelopment Authority (HRA) in and for the City of Richfield, Minnesota, as part of its operations, provides economic assistance to individuals who are engaged in the development and redevelopment of land within the HRA’s area of operation; and WHEREAS, pursuant to legislation enacted this year by the State of Minnesota, (“Business Subsidy Act”), the HRA is required to adopt criteria for awarding business subsidies prior to granting such assistance; and WHEREAS, the Business Subsidy Act further provides that the adoption of criteria must be preceded by a public hearing on the matter. NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. A public hearing on the adoption of business subsidy criteria will be held before the HRA on November 15, 1999 at 7:00 p.m. in the City Council Chambers at the Richfield City Hall located at 6700 Portland Ave South, Richfield, Minnesota. 2. Copies of the proposed business subsidy criteria will be available for public inspection on and after November 1, 1999 at the Richfield City Hall during normal business hours. [Copies will also be posted on the Richfield Web page www.ci.richfield.mn.us on and after that date.] 3. The City Clerk is directed to publish notice of the hearing once in the official newspaper of the City not more than 30 days and not less that ten days prior to the hearing date. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 18th day of October, 1999. Thomas E. Harms, Chair ATTEST: Michael Sandahl, Secretary