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1 three years of the filing of the request for certification of the parcel as part of the TIF <br />2 District with the county auditor, (2) the substandard building was demolished or removed <br />3 by the City, the demolition or removal was financed by the City or was done by a <br />4 developer under a development agreement with the City; and (3) the City found by <br />5 resolution, before the demolition or removal, that the parcel was occupied by a <br />6 structurally substandard building and that after demolition and clearance the City <br />7 intended to include the parcel within the district. <br />8 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />9 Roseville, Minnesota, as follows: <br />10 1. At least 70% of the area of each Parcel is occupied by the Buildings or <br />11 other buildings, structures, utilities or other improvements. <br />12 2. The Buildings are "structurally substandard" within the meaning of <br />13 Minnesota Statutes, Section 469.174, subdivision 10. The reasons and supporting facts <br />14 for this determination are on file with the staff of the City. <br />15 3. The Buildings may be demolished by the various owners thereof pursuant <br />16 to various development agreements with the City and the City may consider subsequently <br />17 including the Parcels in a redevelopment tax increment district established pursuant to <br />18 Minnesota Statutes, Section 469.174, subdivision 10, which TIF District, if established, <br />19 shall be established within three years of the date hereof. <br />20 4. Upon filing the request for certification of the tax capacity of the Parcels <br />21 as part of the TIF District, the City will notify the county auditor that the original tax <br />22 capacity of the Parcels must be adjusted as provided in Minnesota Statutes, Section <br />23 469.177, subdivision 1, paragraph (�. <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br />, and upon a vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: none. <br />WHEREUPON said resolution was declared duly passed and adopted. <br />