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P <br />. <br />M0 0 9 I <br />WHEREAS, <br />the City of <br />Roseville <br />has trad onally used tax <br />increment <br />financing for, meritorious projects that fall within the <br />I V <br />City's policy guicilelines <br />and, <br />WHEREAS,, <br />the City has <br />recently <br />been asked to utilize tax <br />increment, <br />f inancing of <br />projects <br />where the City has not been <br />01 41 a <br />involved in discussions <br />V <br />relating <br />a <br />to the original price of the <br />land, . and, Ii <br />WHEREAS, the City has been asked to make the projects "workable" <br />by making, up the., d, 'if f lere,nce bletiween the original land - costs <br />0 <br />versus, 'a i r- market value for, the, prioij ect, <br />NOW' THEREFORE,.- BE !T1 RESOLVEDi that if the City of Roseville is <br />di a a <br />being asked to participate with tax 'increment financing, <br />vi <br />particularly for, those projects 11"nvolving other pub!' tit lies <br />ic en <br />the City shall be involved gin the early discussions relating to <br />0 <br />the negotiated, land price, and,, <br />BE 1T FURTHER RESOLVED, that failure to "involve. the City win the <br />0 -4 <br />early discussion stages could j1eopardize the use of tax <br />increment financing for said pro'ecti. <br />3 <br />STATE OF MINNESOTA) <br />COUNTY OF RAMSEY <br />I. the undeirsiogneid,, being the duly qualified City Manager of the <br />City of' Rosieviille, County of Ramsey, State of Minnesota, • <br />hereby certify that, 1 have carefully compared the attached and <br />9 9 <br />floregoing, extract of minutes of a, regular meeting of said City <br />0 <br />Council held on 'the 14th of March 1988, with the original <br />thereof' on file in, my office& <br />WITNESS MY HAND of'f'ic 11'ally as such Manager th 'is 14th day of <br />Varclt. 19 8 • & - <br />James F Andre <br />C i4ty Manager <br />SEA,L 7 a <br />