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RESOLUTION 82-033 <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 ECONOMIC DEVELOPMENT DISTRICT <br /> WHEREAS, the City Council of the City of St. Anthony has determined <br /> that itis necessary and desirable and in the public interest to <br /> establish , designate , develop , and administer a tax increment financ- <br /> ing economic development district pursuant to the provisions of <br /> Minnesota Statutes 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 economic development district <br /> as described herein as of the date of the last equalized assessment <br /> and each year hereafter, to certify the amount by which the assessed <br /> value has increased or decreased from the original assessed value and <br /> also, to certify the proportion which any increase or decrease bears <br /> to the total assessed to the total assessed value for the real <br /> property in said tax increment financing district for that year, and <br /> also, to remit to the City of St. Anthony each year hereafter, the <br /> proportion of all taxes paid that year on real property in the <br /> district which the captured assessed value- bears to the total current <br /> assessed value , all pursuant to Minnesota Statutes 273. 76 , Subd. 1 <br /> and 2 (Chapter 322 , Laws of Minnesota, 1979) . <br /> Adopted this age day of ��,�,n& 1982 . <br /> Mayor <br /> ATTEST: �s <br /> City Clerk <br /> Reviewed for administration: <br /> City Manager <br /> • � may` <br />