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Res. #07-054 - Returning TIF Dist. 1-4 Fund Balance
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Res. #07-054 - Returning TIF Dist. 1-4 Fund Balance
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12/27/2007 3:25:03 PM
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12/27/2007 3:17:54 PM
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<br /> <br />tervi{{e <br /> <br />1880 ~ain Street, Centervilfe, ~W 55038 <br />651-429-3232 or PaJ( 651-429-8629 <br /> <br />'Estabfisfi cd- 1~'?57 <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br /> <br />RESOLUTION #07-o6f <br /> <br />RESOLUTION RETURNING TAX INCREMENT FINANCING (TIF) DISTRICT <br />1-4 FUND BALANCE TO ANOKA COUNTY <br /> <br />WHEREAS, on January 11, 2006 the City Council of the City ofCenterville passed a <br />resolution authorizing the termination of Tax Increment Financing District 1-4; <br /> <br />WHEREAS, the city received tax increment financing district 1-4 funds in 2006 that <br />resulted in a fund balance; <br /> <br />NOW THEREFORE BE IT RESOLVED, that the City Council of the City of <br />Centerville authorizes the return of the TIP District 1-4 fund balance to Anoka County. <br /> <br />Adopted by the Council this~day of December, 2007. <br /> <br />.~.. ~kf~~ <br />Teresa Bender, City Clerk <br /> <br /> <br />1\../ <br />
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