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96-025A
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96-025A
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<br />,~ <br /> <br />~I <br /> <br />Council Member Williams introduced the following <br />resolution, the reading of which was dispensed with by unanimous <br />consent, and moved its adoption: <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. <br /> <br />96-025A <br /> <br />A RESOLUTION RELATING TO THE DECERTIFICATION OF <br />TAX INCREMENT FINANCING DISTRICTS NO. 21 AND NO. 22 <br /> <br />WHEREAS, the City Council (the "Council") of the City of New <br />Bright<i:>n (the "City") established Development District No. 1 (the <br />"Project Area") on December 22, 1981. <br /> <br />WHEREAS, within its Project Area, the Council established <br />Tax Increment Financing District No. 21, identified on Exhibit A <br />to this Resolution, and adopted a Tax Increment Financing Plan <br />relating thereto on February 9, 1993, pursuant to Minnesota <br />Statutes, Sections 469.001 to 469.047 and 469.174 to 469.179, <br />inclusive, as amended, and as may be supplemented from time to <br />time. <br /> <br />WHEREAS, within its Project Area, the Council also <br />established Tax Increment Financing District No. 22, also <br />identified on Exhibit A to this Resolution, and adopted a Tax <br />Increment Financing Plan relating thereto on July 13, 1993, <br />pursuant to Minnesota Statutes, Sections 469.001 to 469.047 and <br />469.174 to 469.179, inclusive, as amended, and as may be <br />supplemented from time to time. <br /> <br />WHEREAS, it has been proposed that the Council decertify Tax <br />Increment Financing Districts No. 21 and 22. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City <br />that Tax Increment Financing Districts No. 21 and No. 22 are <br />hereby decertified from the City's Project Area. <br /> <br />Adopted by the Council of the City this 2.'1rn day of <br />April ,199~. <br /> <br />The motion for the adoption of the foregoing resolution was <br />duly seconded by Council Member Gunderman , and upon vote <br />being taken thereon, the following voted in favor thereof: <br /> <br />Benke, Samuelson, Larson, Williams, Gunderman <br /> <br />and the following voted against the same: <br />None <br />
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