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RES 82-030 RESOLUTION TO DESIGNATE AND ESTABLISH A REDEVELOPMENT/HOUSING DISTRICT NO. 1 PURSUANT TO THE PROVSIONS OF SECTION 462 OF THE MINNESOTA STATUTES AND ESTABLISH A TAX INCREMEMNT DISTRICT PURSUANT TO THE PROVISIONS OF SECTION 273.71 TO 273.78 INCLU
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RES 82-030 RESOLUTION TO DESIGNATE AND ESTABLISH A REDEVELOPMENT/HOUSING DISTRICT NO. 1 PURSUANT TO THE PROVSIONS OF SECTION 462 OF THE MINNESOTA STATUTES AND ESTABLISH A TAX INCREMEMNT DISTRICT PURSUANT TO THE PROVISIONS OF SECTION 273.71 TO 273.78 INCLU
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RES 1982
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RES 82-030 RESOLUTION TO DESIGNATE AND ESTABLISH A REDEVELOPMENT/HOUSING DISTRICT NO. 1 PURSUANT TO THE PROVSIONS OF SECTION 462 OF THE MINNESOTA STATUTES AND ESTABLISH A TAX INCREMEMNT DISTRICT PURSUANT TO THE PROVISIONS OF SECTION 273.71 TO 273.78 INCLU
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-3- <br /> (2)_ That the proposed redevelopment, in the opinion- of the City of <br /> St. Anthony City Council would - not occur solely through private <br /> investment within the reasonable . foreseeable future and, there-- <br /> fore , the use .of tax increment financing is deemed necessary; <br /> (3) That the tax increment financing plan conforms to the general <br /> plan for the development or redevelopment of the municipality <br /> as a whole; <br /> C41 That th.e tax increment financing plan will afford maximum <br /> opportunity consistent with the sound needs of the City of <br /> St. Anthony as a whole . for the development of the district by <br /> private enterprise; <br /> (5) That the City of St. Anthony -elects the method of tax increment <br /> computation set forth in Section 6 , . Subdivision 3 , Clause B. <br /> AND, - FURTHERMORE, that the ,City Council approves the tax increment <br /> financing plan. <br /> ADOPTED. THIS DAY OF �t�„� 1982 . <br /> • lqaffr <br /> ATTEST: <br /> City Clerk <br /> r <br /> Reviewed for administration: - <br /> Ci y Manager <br /> 1W <br />
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