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HomeMy WebLinkAboutCCRes_85-31r ~ 565U • EXTRACT OF MINUTES OF MEETING COUNCIL OF THE CITY OF FALCON MINNESOTA HELD: June 26, 1985 OF THE CITY HEIGHTS, Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Falcon Heights, Minnesota, was duly held at the City Hall in the City on the 26th day of June, 1985, at 7:30 P.M. The following members were present: Mayor Eggert, Councilmembers Hard, Ciernia, and Chenoweth and the following were absent: Councilmember Baldwin Member Eggert introduced the following resolution and moved its adoption: • RESOLUTION R-85-31 RESOLUTION APPROVING THE MODIFIED TAX INCREMENT FINANCING PLAN FOR DEVELOPMENT DISTRICT NO. 1 WHEREAS: A. The City Council has had under consideration a proposal to modify the existing tax increment financing plan (the "Tax Increment Financing Plan") relating to the existing Development District No. 1 pursuant to the provisions of Minnesota Statutes, Sections 273.71 to 273.78 and Chapter 472A (herein collectively called "the Act"). B. A public hearing on the modification of the Tax Increment Financing Plan was duly held before the City Council after due publication of notice of said hearing. • • C. The City has performed all actions required by law to be performed prior to the modification of the Tax Increment Financing Plan, including, but not limited to, notification of Ramsey County and Independent School District No. 625, and Special Independent School District No. 916 having taxing jurisdiction over the property included in Development District No. 1 and the holding of a public hearing upon published and mailed notice as required by law. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Falcon Heights, as follows: 1. The City Council hereby finds that the modification of Tax Increment Financing Plan is intended and, in the judgment of this City Council, its effect will be, to provide an impetus for development in the City, to increase employment, and otherwise promote certain public purposes and accomplish certain objectives as specified in the Tax Increment Financing Plan. 2. The tax increment financing plan as set forth in the booklet entitled "Development District No. 1 (As Amended) and Tax Increment Financing Plan for Housing District No. 2 City of Falcon Heights, Minnesota Amended June 26, 1985" prepared by Ehlers & Associates is hereby adopted. • 3. The findings of the Council set forth in its resolution dated February 27, 1985 relating to Development District No. 1 are hereby confirmed and adopted. The motion for the adoption of the foregoing resolution was duly seconded by member Lard and upon vote being taken thereon, the following voted in favor thereof: P4ayor Eggert, Councilmembers Hard, Ciernia and Chenoweth and the following voted against the same: None Whereupon said resolution was declared duly passed and adopted. ATTEST: Dewan B. Barnes, Clerk Administrator ~ ~-~ - --~ Ronald C. Egger T. ., Mayor Regular City Council Meeting of June 26, 1985 . ~s , • STATE OF MINNESOTA ) SS COUNTY OF RAMSEY ) I, the undersigned, being the duly qualified and acting Clerk-Administrator of the City of Falcon Heights, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete transcript of the minutes of a meeting of the Council of said City, duly called and held on the date therein indicated, insofar as such minutes relate to a resolution approving a modification of its Tax Increment Financing Plan for Development District No. 1. • WITNESS my hand as Clerk-Administrator and the official seal of the City this z~~ day of ~~- , 1985. Clerk-Administrator (.SEAL)