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HomeMy WebLinkAboutResolution 2001-71RESOLUTION NO. 2001-71 RESOLUTION APPROVING THE DECERTIFICATION OF PARCELS NO. 35-30-24-14-0091 AND NO. 35-30-24-14-0092 FROM THE CENTRAL DOWNTOWN BUSINESS TIF DISTRICT BE IT RESOLVED by the City Council of the City of Columbia Heights, (the "City"), as follows: 1. Background; Findings. (a) The City is authorized, by Minnesota Statutes, Section 469.177 subdivision 12, to request the removal of certain parcels from a Tax Increment Financing District. (b) The City previously established the Central Downtown Business TIF District (the "TIF District"). (c) Parcels No. 35-30-24-14-0091 and No. 35-30-24-14-0092 (the "Parcels") are located within the TIF District. (d) The Parcels are also located within an additional TIF district, namely Transition Block Redevelopment No. 9. (e) The Columbia Heights Economic Development Authority (the "Authority") has requested that the City approve the decertification of the Parcels from the TIF District. (f) . The City determines that it is m the pubhc interest to decertify the Parcels from the TIF District so that the Parcels are no longer located within two separate TIF districts. 2. Parcels Decertified (a) The City hereby decertifies the Parcels from the TIF District. (b) The Mayor, the City Manager, and the Authority are authorized and directed to take whatever steps are necessary to give effect to this Resolution. The Authority is also authorized and directed to execute and deliver any and all documents necessary to give effect to this Resolution. Passed this 17th day of December 2001. Offered by: Nawrocki Seconded by: Williams Roll Call: Ayes: Peterson, Szurek, Wyckoff, Williams, Nawrocki N~. N Attest: Patricia Muscovitz, Deputy City (~lerk