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RESOLUTION 85-017 <br /> A RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESSED <br /> VALUE OF THE REAL. PROPERTY WITHIN THE BOUNDARY OF THE OLD HIGHWAY EIGHT RE- <br /> DEVELOPMENT TAX INCREMENT FINANCING HOUSING/REDEVELOPMENT DISTRICT <br /> WHEREAS, the City Council of the City of St. Anthony has determined that it <br /> is necessary and desirable and in the public interest to establish, designate, <br /> develop, and administer a tax increment financing housing and/or redevelopment <br /> district pursuant to the provisions of Minnesota Statutes Section 273.71 to <br /> 273.78 inclusive; <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Anthony, <br /> Minnesota, that the Hennepin County Auditor is hereby requested to certify <br /> the assessed value of all real property within the boundaries of the tax <br /> increment housing and/or redevelopment district as described herein as of the <br /> date of the last equalized assessment, and each year hereafter, to certify the <br /> amount by which the assessed value has increased or decreased from the original <br /> assessed value and also, to certify the proportion which any increase or <br /> decrease bears to the total assessed value for the real property in said tax <br /> increment financing district for that year, and also, to remit to the City of <br /> St. Anthony each year hereafter, the proportion of all taxes paid that year on <br /> • real property in the district which the captured assessed value bears to the <br /> total current assessed value, all pursuant to Minnesota Statutes 273.76, <br /> Subd. 1 and 2 (Chapter 322, Laws of. Minnesota, 1979) . <br /> Adopted this day of I-UCL-1- ! 1985. <br /> May6r <br /> ATTEST: &44z' <br /> City Clerk <br /> Reviewed for administration: <br /> City Manager <br />