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7/23/2014 9:06:24 AM
Creation date
3/11/2014 3:47:47 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
3/3/2014
Resolution #
11134
Resolution Title
RESOLUTION APPROVING ADMINISTRATIVE AMENDMENTS TO THE TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICTS NO. 10 AND NO. 12
Resolution Date Passed
3/3/2014
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EXTRACT OF MINUTES OF A MEETING OF THE <br /> CITY COUNCIL OF THE CITY <br /> OF ROSEVILLE, MINNESOTA <br /> HELD: March 3, 2014 <br /> Pursuant to due call and notice thereof, a regular meeting of the City Council of <br /> the City of Roseville, Ramsey County, Minnesota, was duly called and held on the 3rd day of <br /> March, 2014, at 6:00 p.m. <br /> The following members of the Council were present: Laliberte, McGehee, <br /> Willmus, Etten and Roe <br /> and the following were absent: None. <br /> Councilmember Etten introduced the following resolution and moved its <br /> adoption: <br /> RESOLUTION NO. 11134 <br /> RESOLUTION APPROVING ADMINISTRATIVE AMENDMENTS TO <br /> THE TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT <br /> FINANCING DISTRICTS NO. 10 AND NO. 12 <br /> A. WHEREAS, the City of Roseville, Minnesota (the "City") has heretofore <br /> established Tax Increment Financing District Nos. 10 and 12 (individually, "TIF District No. 10 <br /> and TIF District No. 12", and together, the "TIF Districts"), all within Municipal Development <br /> District No. 1 and has adopted Tax Increment Financing Plans and amendments thereto for each <br /> of the TIF Districts (together, the "Tax Increment Financing Plans"); and there is a proposal to <br /> amend the Tax Increment Financing Plans for the TIF Districts under the provisions of <br /> Minnesota Statutes, Sections 469.174 to 469.1794, as amended, and Sections 469.124 to <br /> 469.133, as amended (the "Act"); and <br /> B. WHEREAS, an administrative amendment to the Tax Increment Financing Plan <br /> for TIF District No. 10 has been prepared for TIF District No. 10 and is attached as Exhibit A <br /> hereto (the "Administrative Amendment to TIF District No. 10"); and <br /> C. WHEREAS, an administrative amendment to the Tax Increment Financing Plan <br /> for TIF District No. 12 has been prepared for TIF District No. 12 and is attached as Exhibit B <br /> hereto (the "Administrative Amendment to TIF District No. 12", and together with the <br /> Administrative Amendment to TIF District No. 10 are referred to herein as the "Administrative <br /> Amendments"); and <br /> NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, <br /> as follows: <br /> 1. The City finds, determines and declares that with respect to the Administrative <br /> Amendments: <br /> 6003190v1 <br />
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