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WORKSHOP MINUTES <br />CITY COUNCIL <br />APRIL 27, 2022 <br />Housing Tax Increment Finance District or utilize Temporary Transfer Authority for unobligated <br />tax Increment as authorized by the Minnesota I egislature in 2021. <br />The Council agreed to continue consideration of one of the options to use Tax Increment <br />Financing to assist this multi -family housing project. Ms. Huot will provide further detail on <br />both financing options for the Council to better review the options. Ms. Huot explained that the <br />option to choose the Temporary Transfer Authority option will end in December 2022, but the <br />money can be spent through 2025. <br />There being no further business, the meeting was adjourned at 7:19 p.m. <br />Yin T. Keis, Mayor <br />Attest: <br />,r <br />c. <br />'stopher Heine , City Administrator <br />0) <br />