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04-104
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7/8/2005 3:33:30 PM
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<br />,. II .,J <br />,I <br /> <br />~... <br /> <br />ouneil Member Do f f i ng introduced the following resolution, the reading of <br />hich was dispensed with by unanimous consent, and moved its adoption: <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 04- 1 04 <br /> <br />A RESOLUTION RELATING TO THE DECERTIFICATION OF A PORTION OF <br />TAX INCREMENT FINANCING DISTRICT NO. 29 <br /> <br />WHEREAS, the City Council (the "Council") of the City of New Brighton, <br />innesota (the "City") has established Development District No. 1 (the "Project Area"), <br />nd within its Project Area has further established Tax Increment Financing District No. <br />9 (the "Tax Increment District") and adopted a Tax Increment Financing Plan relating <br />hereto on June 22,1999, pursuant to Minnesota Statutes, Sections 469.124 to 469.134 <br />nd 469.174 through 469.1799, inclusive, as amended and supplemented from time to <br />ime. <br /> <br />WHEREAS, it has been proposed that the Council decertify a portion of the Tax <br />ncrement District currently described as PINs 29-30-23-43-0020, 29-30-23-44-0048 <br />nd 29-30-23-44-0049 and illustrated on Exhibit A. <br /> <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City that the above <br />escribed portion of the Tax Increment District is hereby decertified from the City's <br />roject Area. <br /> <br />Adopted by the Council of the City this 14th day of December <br /> <br />,2004. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by <br />ounci! Member Burg , and upon vote being taken thereon the <br />ollowing voted in favor thereof: 5 <br /> <br />nd the following voted against the same: <br />o <br /> <br />II <br />
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