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Last modified
6/16/2014 1:23:50 PM
Creation date
6/16/2014 12:45:29 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
6/9/2014
Resolution #
11154
Resolution Title
RESOLUTION EXPRESSING INTENT TO CREATE AND ADMINSTER A HOUSING TAX INCREMENT FINANCE DISTRICT FOR AND CONSIDER THE WAIVING OF SEWER ACCESS CHARGES FOR THE REDEVELOPMENT OF 2785 FAIRVIEW AVENUE
Resolution Date Passed
6/9/2014
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WHEREAS, the City will consider the waiving of Sewer Access Charges if so <br /> determined the need exists. <br /> NOW THEREFORE BE IT RESOLVED, that subject to further verification of <br /> development financing need that substantiates that"but for"the use of Tax Increment <br /> Financing for the redevelopment of 2785 Fairview would be unable to proceed and Sewer <br /> Access Charges need to be waived, the City intends to create and administer a Tax <br /> Increment Finance district limited in terms sufficient to minimally meet financial <br /> requirements of the development in compliance with state statutes. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Member <br /> Etten, and upon a vote being taken thereon, the following voted in favor thereof: <br /> McGehee, Willmus, Laliberte, Etten, Roe <br /> and the following voted against the same: None. <br /> WHEREUPON said resolution was declared duly passed and adopted. <br />
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