Laserfiche WebLink
<br />CITY OF FALCON HEIGHTS <br />COUNCIL RESOLUTION <br />Date: Julv 10, 1996 <br />RESOLUTION DECERTIFYING TAX INCREMENT <br />ECONOMIC DISTRICT 1-1 <br />• <br />No. 96-09 <br />WHEREAS, as stated in M.S. 469.176, subd. 1 b, for districts approved <br />before May, 1993, no increment shall be paid to the authority after eight years <br />from the date of the receipt, or ten years from approval of the tax increment <br />financing plan, whichever is less, for an economic development district; <br />WHEREAS, the City of Falcon Heights Resolution R-83-24 dated July 27, <br />1983 adopted the tax increment financing plan for economic district 1-1; <br />NOW THEREFORE, BE IT RESOLVED, per state statute and Ramsey <br />County, that tax increment economic district 1-1 be decertified for taxes payable in <br />1994 and beyond. <br />Moved by: Hustad <br />GEHRZ 3 In Favor <br />GIBBON TALBOT (absent) <br />HUSTAD 0 Against <br />JACOBS (absent) <br />KUETTEL <br />Approved by: _ J , .~: <br />Mayor <br />Julv 10, 1996 <br />Date <br />Attested by: (' ~ ~/~ (~+~ _ _ _ <br />City Clerk <br />Julv 10, 1996 <br />Date <br />• <br />