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123 <br /> Member introduced the following resolution and moved its <br /> adoption: <br /> RESOLUTION NO. 00-0 6 2 <br /> RESOLUTION APPROVING 2000-1 AMENDMENT TO <br /> REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT <br /> AREA NO. 3-RAMSEY COUNTY AND THE <br /> REDEVELOPMENT PROJECT TO BE UNDERTAKEN <br /> PURSUANT THERETO AND TAX INCREMENT FINANCING <br /> PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 5- <br /> RAMSEY COUNTY, AND MAKING FINDINGS WITH <br /> RESPECT THERETO <br /> BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota as <br /> follows: <br /> 1. The Board of Commissioners of the Housing and Redevelopment Authority in <br /> and for the City of St. Anthony (the"HRA") and this Council by resolutions adopted August 25, 1992 <br /> approved a redevelopment plan, as defined in Minnesota Statutes, Section 469.002, subdivision 16, <br /> • designated as Redevelopment Plan for Redevelopment Project Area No. 3-Ramsey County(the <br /> "Original Redevelopment Plan"), and a redevelopment project as defined in Minnesota Statutes, <br /> .Section 469.002, subdivision 14, to be undertaken pursuant thereto, designated as Redevelopment <br /> Project No. 3-Ramsey County (the "Original Redevelopment Project"), and on March 23, 1993, the <br /> HRA and the City Council approved amendments to the Original Redevelopment Plan and Original <br /> Redevelopment Project (the Original Redevelopment Plan as so amended is herein called the <br /> "Amended Redevelopment Plan" and the Original Redevelopment Project as so amended is herein <br /> called the "Amended Redevelopment Project"). The HRA has approved an amendment to the <br /> Amended Redevelopment Plan and Amended Redevelopment Project designated as 2000-1 <br /> Amendment to the Redevelopment Plan for Redevelopment Project Area No. 3-Ramsey County (the <br /> "2000-1 Amendment," and the Amended Redevelopment Plan as amended by the 2000-1 Amendment <br /> is hereinafter referred to as the"Redevelopment Plan," and the Amended Redevelopment Project as <br /> amended by the 2000-1 Amendment is hereinafter referred to as the "Redevelopment Project"). ,The <br /> 2000-1 Amendment includes additional property in the area subject to the Redevelopment Plan and <br /> provides for additional redevelopment activities to be undertaken by the City and HRA pursuant to the <br /> Redevelopment Project. In order to finance the public redevelopment costs to be incurred by the HRA <br /> in connection with the Redevelopment Plan and Redevelopment Project, the HRA has approved a tax <br /> increment financing plan, pursuant to the provisions of Minnesota Statutes, Section 469.175, designated <br /> as Tax Increment Plan for Financing District No. 5-Ramsey County(the"Financing Plan"), which <br /> establishes a tax increment financing district, as defined in Minnesota Statutes, Section 469.174, <br /> • subdivision 9, designated as Tax Increment Financing District No. 5-Ramsey County(the "District"). <br /> The HRA has requested that this Council approve the 2000-1 Amendment and Financing Plan <br />