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CfTY OF ST. ANTHONY VILLAGE <br />RESOLUTION 08-054 <br />RESOLUTION RELATING TO A TAX ABATEMENT <br />BY THE CITY ON CERTAIN PROPERTY LOCATED <br />WITHIN THE CITY AND IN RAMSEY COUNTY; <br />CALLING FOR A PUBLIC HEARING <br />BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota <br />(the "City"), as follows: <br />Section 1. Authorization and Recitals. <br />1.01. The City, pursuant to Minnesota Statutes, Sections 469.1812 to 469.1815, <br />as amended (the "Act"), is authorized to grant an abatement of the property taxes <br />imposed by the City on parcels of property located within the City, if certain conditions <br />are met, through the adoption of a resolution, specifying the terms of the abatement. <br />1.02. To finance improvements to Emerald Park the City is proposing to abate the <br />property taxes imposed by the City with respect to the parcels of property located in <br />Ramsey County which are described in Exhibit A hereto (the "Property"). <br />1.03. Pursuant to the Act, this Council may approve the abatement only after <br />holding a public hearing on the abatement. <br />Section 2. Public Hearing. A public hearing on the proposed abatement of <br />property taxes imposed by the City with respect to the Property is hereby called and shall <br />be held on October 14, 2008 at 7:00 o'clock p.m. at the City Hall. The City Clerk shall <br />cause notice of the public hearing to be published in the City's official newspaper once <br />more than ten days but less than 30 days before the hearing. <br />Adopted this 26"' day of August, 2008. <br />ATTEST: <br />Mayor <br />City Clerk <br />Reviewed for Administration: <br />City Manager <br />