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HomeMy WebLinkAbout2016.05.16 RESO 2016-11 Cancelling TIF DA for Schwieters CITY OF HUGO WASHINGTON COUNTY, MINNESOTA RESOLUTION 2016 - 11 A RESOLUTION CANCELLING TIF DEVELOPMENT AGREEMENT WHEREAS, on October 16, 2001, the CITY OF HUGO, Minnesota (the "City") entered into a development agreement with SCHWIETERS PROPERTIES (the "Developer") for improvements generally constituting a light-industrial facility to process home construction products and related improvements; and WHEREAS, the improvements have been constructed on the property generally described as Lot 2, Block 1, Schwieters Millwork, Washington County, Minnesota, together with driveway easements; and WHEREAS, to the best of the City's knowledge the Developer has performed all of the requirements contained in the development agreement and has repaid the business subsidy granted by the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA, that the Developer has met the conditions of the development agreement dated October 16, 2001, for the improvement of the real estate parcel described herein, and that such agreement is hereby cancelled. Upon roll call the following Members voting AYE: Klein, Miron, Petryk, Weidt Upon roll call the following Members voting NAY: None Whereupon said resolution was declared passed and adopted this 16th day of May, 2016. Z� A Tom Weidt, Mayor Attest: Michele Lindau, City Clerk