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CC RES 03-082 A RESOLUTION ADOPTING A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT AREA NO. 3; AND ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 3- 5 WITHIN REDEVELOPMENT PROJECT AREA NO. 3 AND APPROVING THE REMOVAL OF CERTAIN PARC
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CC RES 03-082 A RESOLUTION ADOPTING A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT AREA NO. 3; AND ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 3- 5 WITHIN REDEVELOPMENT PROJECT AREA NO. 3 AND APPROVING THE REMOVAL OF CERTAIN PARC
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RES 2003
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CC RES 03-082 A RESOLUTION ADOPTING A MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT AREA NO. 3; AND ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 3- 5 WITHIN REDEVELOPMENT PROJECT AREA NO. 3 AND APPROVING THE REMOVAL OF CERTAIN PARC
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5.03 The City's staff shall take such action as is necessary to (i) cause the County Auditor of <br /> Ramsey County to decertify the above-mentioned parcels from District No. 3-3 and to no longer remit <br /> • tax increment from these parcels within District No. 3-3 to the City and HRA and(ii)notify the County <br /> Auditor of the reduction in the geographic area of District No. 3-3 caused by the decertification of such <br /> parcels. <br /> 5.04 The Auditor of.Ramsey County is requested to certify the original net tax capacity of the <br /> District, as described in the Plans, and to certify in each year thereafter the amount by which the <br /> original net tax capacity has increased or decreased; and the Housing and Redevelopment Authority of <br /> St. Anthony is authorized and directed to forthwith transmit this request to the County Auditor in such <br /> form and content as the Auditor may specify, together with a list of all properties within the District, <br /> for which building permits have been issued during the 18 months immediately preceding the adoption <br /> of this resolution. <br /> 5.05. The City Clerk is further authorized and directed to file a copy of the Plans with the <br /> Commissioner of the Minnesota Department of Revenue pursuant to Minnesota Statutes 469.175, <br /> Subd. 4a. <br /> Adopted this ?3 day of Sa ' v-n , 2003. <br /> C <br /> Mayor <br /> • <br /> ATTEST: (- <br /> City <br /> TTEST: (-City Clerk <br /> Reviewed for Administration: <br /> City Mar4fjer <br /> • <br />
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