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COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br />Resolution # 19-015 <br />A RESOLUTION DECERTIFYING <br />TAX INCREMENT FINANCING DISTRICT NO. 1-6 <br />OF THE CITY OF CENTERVILLE <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTERVILLE, MINNESOTA <br />WHEREAS, on August 24, 2005, the City of Centerville (the "City") established its Tax Increment Financing <br />Redevelopment District No. 1-6 (the "District"); and <br />WHEREAS, Minnesota Statutes, Section 469.174 to 469.179 (the "TIF Act") authorizes the City Council to <br />decertify a tax increment financing district on any date after all the bonds and other obligations have been <br />satisfied; and <br />WHEREAS, the City desires by this resolution to decertify the District effective December 31, 2019, by which <br />all taxing jurisdictions will benefit from an increased tax base effective for taxes payable in 2020; and <br />WHEREAS, the City Council acknowledges such action will be taken by Anoka County to decertify the <br />District as a tax increment district and to no longer remit tax increment from the District to the City after <br />December 31, 2019. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Centerville that: <br />1. The City Administrator is authorized and directed to provide Anoka County with documents <br />related to decertification of the District, to submit the Confirmation of Decertified TIF <br />District form to the Office of the State Auditor and take any other steps required for <br />decertification by December 31, 2019. <br />2. The City Administrator is authorized and directed to determine the amount of excess tax <br />increment in the account for the District and to return all excess tax increment to Anoka <br />County for redistribution to other taxing jurisdictions within nine months after the end of the <br />year. <br />Passed and Adopted by the City of Centerville this 12th day of June, 2019. <br />Mayor, Jeff Paar <br />City Clerk, Teresa Bender <br />