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'It --AI�DEN HILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO.2022-052 Attachment A RESOLUTION DECERTIFYING TAX INCREMENT FINANCING RENEWAL AND RENOVATION DISTRICT NO. 1-4, PRESBYTERIAN HOMES WHEREAS, in 2010, the City of Arden Hills (the "City") established its Tax Increment Financing Renewal and Renovation District No. 1-4, Presbyterian Homes (the "District"); and WHEREAS, Minnesota Statutes, Section 469.174 to 469.179 (the "TIF Act") authorizes the City Council to decertify a tax increment financing district when the term of the district expires or once the obligations of the district have been paid in full; and WHEREAS, the City desires by this resolution to decertify the District effective December 31, 2022, by which taxing jurisdictions will benefit from an increased tax base effective for taxes payable in 2023; and WHEREAS, the City Council acknowledges such action will be taken by Ramsey County to decertify the District as a tax increment district and will not remit tax increment from the District to the City. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arden Hills, Minnesota, that the Finance Director is authorized and directed to provide Ramsey County with documents related to decertification of the District, to submit the Confirmation of Decertified TIF District form to the Office of the State Auditor and take any other steps required for decertification by December 31, 2022. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 28th DAY OF NOVEMBER, 2022. David Grant, Mayor ATTEST: Julie Hanson, City Clerk To view the final document, access adopted Resolutions via Arden Hills Public Laserfiche Weblink by visiting cityofardenhills. org and clicking on Archived Documents under Helpful Links on our main webpage.