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Attachment B EXTRACT OF MINUTES OF MEETING OF THE ROSEVILLE ECONOMIC DEVELOPMENT AUTHORITY Pursuant to due call and notice thereof, a meeting of the Roseville Economic Development Authority, County of Ramsey, Minnesota, was duly called and held at the City th Hall on Monday, the 29 day of August, 2016, at 4:00 p.m. ollowing members were present: The f and the following were absent: Commissioner _________________introduced the following resolution and moved its adoption Resolution No. 2 A Resolution Adopting A Tax Levy in 2016 Collectible in 2017 BE IT RESOLVED by the Board of Commissioners (the "Board") of the Roseville Economic Development Authority, Minnesota (the "Authority"), as follows: Section 1. Recitals. 1.01.The Authority is authorized by Minnesota Statutes Section 469.107to request that the City of Roseville, Minnesota (the “City”) levy a taxon all taxable property within the City, subject to approval of such tax levy by the City Council of the City, for the benefit of the Authority (the “EDA Levy”). 1.02.The Authority is authorized to use the amounts collected by the EDA Levy for the purposes provided inMinnesota Statutes,Section 469.090 to 469.1081(the “EDA Act”). Section 2. Findings 2.01.The Authority hereby finds that it is necessary and in the best interest of the City and the Authority to request that the City Council of the City adopt the EDA Levy to provide funds necessary to accomplish the goals of the Authority. Section 3. Adoption of EDALevy. 3.01.The Authority hereby requests that the City levy the following amount, which is no greater than 0.01813 percent of the City’s estimated market value, to be levied upon the taxable property of the City for the purposes of the EDALevy described in Section 1.02 aboveand collected with taxes payable in 2017: Amount: