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02-850r I I I 24 HRA RESOLUTION NO. 850 RESOLUTION CALLING FOR A PUBLIC HEARING BY THE RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY ON THE APPROVAL OF A BUSINESS SUBSIDY TO GRAMERCY CORPORATION BE IT RESOLVED by the Richfield Housing and Redevelopment Authority (the "HRA") for the City of Richfield, Minnesota (the "City"), as follows: Section 1. Public Hearina. This HRA shall meet in June 2002, at approximately 7:00 P.M., to hold a public hearing on the approval of a business subsidy to Gramercy Corporation, pursuant to and in accordance with Minnesota Statutes, Sections 116J.993 through 116J.995 in an effort to encourage the development and redevelopment of certain designated areas within the City; and Section 2. Notice of Public Hearina. Filina of Plans. City staff is authorized and directed to work with Kennedy & Graven, Chartered and Ehlers & Associates, Inc., to prepare documents to award the business subsidy. The Community Development Director is authorized and directed to cause notice of the hearing to be published at least once in the official newspaper of the City not later than 10, nor more than 30, days prior to June 17, 2002, and to place a copy of the documents on file in the Community Development Director's office at City Hall and to make such copy available for inspection by the public. Approved by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 15th day of April, 2002. L