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Attachment C 1 EXTRACT OF MINUTES OF MEETING 2 OF THE 3 ROSEVILLE CITY COUNCIL 4 5 * * * * * * * * * * * * * * * * * 6 7 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of th Roseville, County of Ramsey, Minnesota was duly held on the 25 8 day of February 2019, at 9 ____p.m. 10 11 The following members were present: 12 13 and the following were absent:. 14 15 Council memberintroduced the following resolution and moved its adoption: 16 17 RESOLUTION No. 18 19 RESOLUTION APPROVING THE ELIMINATION OF THREE PARCELS FROM TAX 20 INCREMENT FINANCING DISTRICT NO. 17 AND HAZARDOUS SUBSTANCE 21 SUBDISTRICT NO. 17A WITHIN DEVELOPMENT DISTRICT NO. 1. 22 23 BE IT RESOLVED by the City Council (the "Council") of the City of Roseville, 24 Minnesota (the "City"), as follows: 25 26 WHEREAS, the City has heretofore established Development District No. 1 (the 27 “Development District”) and on June 20, 2005, the City created its Tax Increment Financing 28 District No. 1-17 (the "TIF District") and its Hazardous Substance Subdistrict No. 17A (the 29 “Subdistrict”) within the Development District, and approved tax increment financing plans (the 30 “TIF Plans”) for the TIF District and the Subdistrict; and 31 32 WHEREAS, property designated by the following property identification numbers was 33 included in the TIF District and Subdistrict: 34 042923320003 35 042923320002 36 042923320001; and 37 38 WHEREAS, the City desires by this resolution to amend the TIF Plans to remove the 39 above-described parcels from the TIF District and Subdistrict, thereby reducing the size thereof; 40 and 41 42 WHEREAS, the current net tax capacity of the parcels to be eliminated from the TIF 43 District and Subdistrict equals or exceeds theiroriginal net tax capacity, and therefore no notice 44 and public hearing is required pursuant to Minnesota Statutes, Section 469.175, Subdivision 4, 45 clause (e). 556348v1 MNI RS275-16