News Flash

Resolution 23-074

Resolution Approving Tax Increment Financing District Number Fourteen

Whereas, the Brookings Planning Commission has recommended the approval of the Tax Increment Financing District Number Fourteen 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 Project 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 plan are included 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 Fourteen, City of Brookings shall be final.

Passed and approved this 22^nd day of August, 2023.

                                                                                    CITY OF BROOKINGS, SD

                                                                                    _______________________________                                                                                      Oepke G. Niemeyer, Mayor

ATTEST:
 

______________________________

Bonnie Foster, City Clerk