My WebLink
|
Help
|
About
|
Sign Out
Home
Search
2011-040 Council Resolution
LinoLakes
>
City Council
>
City Council Resolutions
>
2011
>
2011-040 Council Resolution
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/10/2014 11:03:58 AM
Creation date
9/8/2014 12:04:52 PM
Metadata
Fields
Template:
City Council
Council Document Type
Master List Resolution
Meeting Date
03/28/2011
Council Meeting Type
Regular
Resolution #
11-40
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
3
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
AGENDA ITEM 6D <br />STAFF ORIGINATOR: Michael Grochala <br />CITY COUNCIL <br />DATE: March 28, 2011 <br />TOPIC: <br />Consideration of Resolution No. 11 -39 Related to <br />Special Legislation for Tax Increment Financing in the <br />City of Lino Lakes <br />VOTE REQUIRED: 3/5 <br />BACKGROUND: <br />In January staff presented information to the City Council regarding the potential <br />for the City to seek special legislation from the state legislature that would extend <br />the duration of Tax Increment Financing District No. 1 -10 through 2023 and <br />devote the tax increment to payment of debt service on the Legacy at Woods <br />Edge improvements and the 35W interchange. Staff requested permission from <br />the council to pursue this legislation. The council concurred that staff should <br />• proceed with pursuing this legislation. <br />Staff has since testified at public hearings at the State Legislature regarding our <br />bills, identified as House File No. 861 and Senate File No. 653. The legislation <br />was incorporated into the House of Representatives Property Tax Division <br />Report and has now been incorporated into the Omnibus Tax Bill. <br />Staff also attended the Anoka County Board meeting in March and the County <br />Board passed a Resolution stating it had no objections to the extension of the <br />TIF district. This Resolution was distributed to the Anoka County legislative <br />delegation. <br />• <br />This resolution takes formal action to show City support for the special <br />legislation. <br />RECOMMENDATION <br />Staff is recommending approval of Resolution No. 11 -39 <br />ATTACHMENTS <br />Resolution No. 11 -39 <br />
The URL can be used to link to this page
Your browser does not support the video tag.