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Attachment D <br />1 EXTRACT OF MINUTES OF MEETING <br />2 OF THE <br />3 ROSEVILLE CITY COUNCIL <br />4 <br />5 * * * * * * * * * * * * * * * * * <br />6 <br />7 Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />th <br />Roseville, County of Ramsey, Minnesota was duly held on the 25 <br />8 day of February 2019, at <br />9 ____p.m. <br />10 <br />11 The following members were present: <br />12 <br />13 and the following were absent:. <br />14 <br />15 Council memberintroduced the following resolution and moved its adoption: <br />16 <br />17 RESOLUTION No. <br />18 <br />19 RESOLUTION ADOPTING A MODIFICATION TO THE <br />20 DEVELOPMENT PROGRAM FOR REDEVELOPMENT PROJECT NO. <br />21 1; ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 21 - <br />22 COLDER PRODUCTS, AND ADOPTING A TAX INCREMENT <br />23 FINANCING PLAN <br />24 <br />25 BE IT RESOLVED by the City Council (the "Council") of the City of Roseville, <br />26 Minnesota (the "City"), as follows: <br />27 <br />28 Section 1. Recitals <br />29 <br />30 1.01. The City has heretofore established Redevelopment Project No. 1 (the “Project”) <br />31 and adopted a Development Program (the “Development Program”) for the Project, and has <br />32 granted administrative authority of the Project to the Roseville Economic Development <br />33 Authority ("REDA"). REDA and the City have proposed the adoption of a Modification to the <br />34 Development Program for the Project (the "Development Program Modification"), establishment <br />35 of Tax Increment Financing District No. 21 - Colder Products (the "District") within the Project, <br />36 and adoption of a Tax Increment Financing Plan (the "TIF Plan") for the District (the <br />37 Development Program Modification and the TIF Plan are referred to collectively herein as the <br />38 "Program and Plan"); all pursuant to and in conformity with applicable law, including Minnesota <br />39 Statutes, Sections 469.090 to 469.1082 and Sections 469.174 to 469.1794, all inclusive, as <br />40 amended, (the "Act") all as reflected in the Program and Plan and presented for the Council's <br />41 consideration. <br />42 <br />43 1.02. REDA and City have investigated the facts relating to the Program and Plan and <br />44 have caused the Program and Plan to be prepared. <br />45 <br />555858v2 MNI RS275-16 <br /> <br />