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CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />Resolution No. 12-084 <br />BEING A RESOLUTION APPROVING THE DECERTIFICATION OF <br />TAX INCREMENT FINANCING DISTRICT NO. 19 OF THE CITY OF <br />NEW BRIGHTON <br />WHEREAS, on May 12, 1992, the City of New Brighton (the "City") created its Tax Increment <br />Fin ing District No. 19 ("District No. 19") within its Development District (the "Project"); and <br />WHEREAS, as of the date hereof all bonds and obligations to which tax increment from District <br />No. have been pledged have been paid in full or defeased; and <br />WHEREAS, the City desires by this resolution to cause the decertification of District No. 19 after <br />which all property taxes generated by property within the District will be distributed in the same manner <br />as al.. :)ther property taxes beginning January 1, 2013. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of New Brighton that <br />theCity's staff shall take such action as is necessary to cause the County Auditor of Ramsey County to <br />decei I 'fy District No. 19 as a tax increment district and to no longer remit tax increment from the District <br />to the City. <br />DAI�D: November 13th, 2012 <br />A <br />Mayor <br />Cityanager <br />DaiRA Maiers <br />Fin Directer <br />(Seal) <br />