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RESOLUTION 85-044 <br /> A RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESSED, <br /> VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE CHANDLER PLACE REDEVELOP- <br /> MENT TAX INCREMENT FINANCING HOUSING DISTRLCT (.TAX INCREMENT DISTRICT #3) <br /> WHEREAS, the City Council of the City of St. Anthony has determined that it is <br /> necessary and desirable and in the public interest to establish, designate, <br /> develop, and administer a tax increment financing housing district pursuant to the <br /> provisions of Minnesota Statutes Section 273.71 to 273.78 inclusive; <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Anthony, <br /> Minnesota, that the Ramsey County Auditor is hereby requested to certify the <br /> assessed value of all real -property within the boundaries .of the tax increment <br /> housing housing district as describedherein as of the date of the last equalized <br /> • assessment, and each year hereafter,. to certify the amount by which -the assessed <br /> value has increased or decreased from the original assessed value and also, to <br /> certify the proportion which any increase or decrease ,bears to the total assessed <br /> value for the real property in said tax increment- financing district for that year, <br /> and also, to remit to the City of St. Anthony each year thereafter, the proportion <br /> of all taxes paid that year on real property in the district which the captured <br /> assessed value bears to the total current assessed value, all .`p.ursuant to Minnesota <br /> Statutes 273.76, Subd. 1 and 2 (.Chapter 322, Laws of Minnesota, 1979) . <br /> Adopted this-I'm day of� Ler 1985. <br /> Mayor <br /> ATTEST: <br /> City Clerk <br /> Reviewed for administration: ' I <br /> City Manager <br /> 4 \11 <br />