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RES 82-032 RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE KENZIE TERRACE TAX INCREMENT FINANCING HOUSING/REDEVELOPMENT DISTRICT
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RES 82-032 RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE KENZIE TERRACE TAX INCREMENT FINANCING HOUSING/REDEVELOPMENT DISTRICT
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RES 1982
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RES 82-032 RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE KENZIE TERRACE TAX INCREMENT FINANCING HOUSING/REDEVELOPMENT DISTRICT
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RESOLUTION 82-032 <br /> • A RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL <br /> ASSESSED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE KENZIE <br /> TERRACE TAX INCREMENT FINANCING HOUSING/REDEVELOPMENT DISTRICT <br /> WHEREAS , the City Council of the City of St. Anthony has determined <br /> that it is necessary and desirable and in the public interest to <br /> establish, designate, develop, . and administer a tax increment financ- <br /> ing housing and/or redevelopment district pursuant to the provisions <br /> of Minnesota Statutes Section 273 . 71 .to 273 . 78 inclusive; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> ST. ANTHONY, MINNESOTA, that the Hennepin- County Auditor is hereby <br /> requested to certify the assessed value of all real property within <br /> the boundaries of the tax increment .housing and/or redevelopment <br /> district as described herein as of the date of the last equalized <br /> assessment, and each year hereafter, . to certify the amount by which <br /> the assessed value has increased or decreased from the original <br /> assessed value and also , to- certify the proportion which any increase <br /> or decrease bears to the total assessed- value for the real property <br /> in said tax increment financing district for that year, and also, <br /> to remit to the City of St. Anthony each year- hereafter, the pro- <br /> portion of all taxes paid that year - on real property in the district <br /> which the captured assessed value bears to the total current assessed <br /> value, all pursuant to Minnesota Statutes 273 . 76 , Subd. 1 and 2 <br /> (Chapter 322 , Laws of Minnesota, 1979) . <br /> • Adopted this eZ81h day of Mi.n1982 . <br /> Mayor <br /> ATTEST <br /> City Clerk <br /> Reviewed for administration: <br /> City Manager <br /> ;s <br />
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