NOTICE OF PUBLIC HEARING
CITY OF ALBERT LEA
FREEBORN COUNTY
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that the City Council of the City of Albert Lea (the “City”), Freeborn County, State of Minnesota, will hold a public hearing on August 14, 2023 beginning at approximately 7:00 PM, at the City Council Chambers located at 221 E Clark St, Albert Lea, Minnesota, relating to the City’s proposed adoption of a Modification to the Development Program for Development District No. 5 (the “Development District”), the proposed establishment of Tax Increment Financing District No. 5-31: 300 Block Broadway (a redevelopment tax increment financing district) (the “TIF District”) within the Development District, and the proposed adoption of a Tax Increment Financing Plan (the “TIF Plan”) therefor (collectively, the “Modification and Plan”), pursuant to Minnesota Statutes, 469.124 to 469.133 and Sections 469.174 to 469.1794, all inclusive, as amended. Copies of the Modification and Plan are on file and available for public inspection at the office of the City Planner at City Hall.
The City is expanding the boundaries of the Development District to include the parcels for the TIF District.
The property to be included in the TIF District is located within the Development District and the City. A map of the Development District and the TIF District therein is set forth below. Subject to certain limitations, tax increment from the TIF District may be spent on eligible uses within the boundaries of the Development District.

All interested persons may appear at the hearing and present their views orally or prior to the meeting in writing.
BY ORDER OF THE CITY COUNCIL OF
THE CITY OF ALBERT LEA, MINNESOTA

/s/______________________________
City Clerk