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HomeMy WebLinkAboutCC RES 08-054 RESOLUTION RELATING TO A TAX ABATEMENT BY THE CITY ON CERTAIN PROPOERTY LOCATED WITHIN THE CITY AND IN RAMSEY COUNTY; CALLING FOR A PUBLIC HEARING Meeting Sheet IIIIIIVIIIVIIIVIIIVIIIVIIIIIIIIIII ioaoss Box: 31 Folder: RES 2008 Document: CC RES 08-054 RESOLUTION RELATING TO A TAX ABATEMENT BY THE CIN ON CERTAIN PROPOERTY LOCATED WITHIN THE CIN AND IN RAMSEY COUNTY; CALLING FOR A PUBLIC HEARING • CITY OF ST. ANTHONY VILLAGE RESOLUTION 08-054 RESOLUTION RELATING TO A TAX ABATEMENT BY THE CITY ON CERTAIN PROPERTY LOCATED WITHIN THE CITY AND IN RAMSEY COUNTY; CALLING FOR A PUBLIC HEARING BE IT RESOLVED by the City Council of the City of St. Anthony, Minnesota (the "City"), as follows: Section 1. Authorization and Recitals. 1.01. The City, pursuant to Minnesota Statutes, Sections 469.1812 to 469.1815, as amended (the "Act"), is authorized to grant an abatement of the property taxes imposed by the City on parcels of property located within the City, if certain conditions are met, through the adoption of a resolution, specifying the terms of the abatement. 1.02. To finance improvements to Emerald Park the City is proposing to abate the property taxes imposed by the City with respect to the parcels of property located in Ramsey County which are described in Exhibit A hereto (the "Property"). • 1.03. Pursuant to the Act, this Council may approve the abatement only after holding a public hearing on the abatement. Section 2. Public Hearing. A public hearing on the proposed abatement of property taxes imposed by the City with respect to the Property is hereby called and shall be held on October 14, 2008 at 7:00 o'clock p.m. at the City Hall. The City Clerk shall cause notice of the public hearing to be published in the City's official newspaper once more than ten days but less than 30 days before the hearing. Adopted this 26`h day of Au uusst, 2008. Mayor 0 ATTEST: City C erk Reviewed for Administration: • City Vanager