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HomeMy WebLinkAboutResolution 20-60 Consenting to the Process of Creating a Housing TIF District- Amber UnionEXTRACT OF MINUTES OF A MEETING OF THE CITY COUNCIL OF THE CITY OF FALCON HEIGHTS, MINNESOTA HELD: December 23, 2020 Pursuant to due call and notice thereof, a meeting of the City Council of the City of Falcon Heights, Ramsey County, Minnesota, was duly called and held at the City Hall in said City on the 23`d day of December, 2020, at 7:00 o'clock p.m. The following members were present: and the following were absent: Member ka eWJ _ introduced the following resolution and MemberewS moved its adoption: CITY OF FALCON HEIGHTS COUNCIL RESOLUTION December 23, 2020 No. 20-60 RESOLUTION CONSENTING TO THE PROCESS FOR THE CREATION OF A HOUSING TAX INCREMENT FINANCING DISTRICT AND IN SUPPORT OF A PROPOSED 125 UNIT MULTIFAMILY RENTAL HOUSING PROJECT. BE IT RESOLVED by the City Council (the "Council") of the City of Falcon Heights, Minnesota (the "City"), as follows: WHEREAS, the City is a political subdivision duly organized and existing under the Constitution and laws of the State of Minnesota; and WHEREAS, pursuant to the Constitution and laws of the State of Minnesota, particularity Minnesota Statutes, Sections 469.174 through 469.1799, as amended, the City is authorized to use tax increment financing to carry out the public purposes described therein and contemplated thereby; and WHEREAS, a proposal has been made by the Buhl GTA, LP (the "Owner") to construct a 125 unit apartment building in the City of Falcon Heights, Minnesota, which project is to be known as the Amber Union Apartments (the "Project"); and 13029763v1 WHEREAS, the Project will be located on land that is currently owned by the Owner and the Owner has submitted its development proposal to the City for the construction of the Project; and NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Falcon Heights, Minnesota the City, pending final determination of project eligibility, required reviews, public input, notices and hearings, and without surrendering its legislative discretion, hereby authorizes City staff to proceed with the steps required to establish a tax increment financing district, including the preparation of a development program and a tax increment financing plan; and The motion for the adoption of the foregoing resolution following voted in favor thereof: / VJVews, Mia-+Ja, lNewy4fi Lethy, C1us++tfsovi and the following voted against the same: None. Whereupon said resolution was declared duly passed and adopted. Moved by: Ahd " W s Approved Randall C. GtAfson Mayor GUSTAFSON 5 In Favor MIAZGA ANDREWS _� Against LEEHY WEHYEE Attested by: Sack Thongv City Administrator 0 13029763v1 STATE OF MINNESOTA ) ss. COUNTY OF RAMSEY ) I, the undersigned, being the duly qualified and acting City Administrator of the City of Falcon Heights, Minnesota (the "City"), do hereby certify that attached hereto is a compared, true and correct copy of a resolution authorizing consenting to the process for the creation of a housing tax increment financing district in support of a proposed multifamily rental housing project, duly adopted by the City Council of the City on December 23, 2020, at a regular meeting thereof duly called and held, as on file and of record in my office, which resolution has not been amended, modified or rescinded since the date thereof, and is in full force and effect as of the date hereof, and that the attached Extract of Minutes as to the adoption of such resolution is a true and accurate account of the proceedings taken in passage thereof. WITNESS My hand this _'1'6 day of De (fm IMP 1, , 2020. 3 City Administra yr 13029763v1