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HomeMy WebLinkAboutResolution 84-34CITY OF CITY OF COLUMBIA HEIGHTS 590 40th Ave. N. E. Columbin Heights, MN 55421 (612) 788-9221 "SERVICE iS OUR BUSINESS" RESOLUTION 84-34 A RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESSED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE COL- UMBIA HEIGHTS HOUSING AND REDEVELOPMENT AUTHORITY TAX INCREMENT FINANCING UNIVERSITY AVENUE REDEVELOPMENT DISTRICT WHEREAS, the City Council of the City of Columbia Heights has determined that it is necessary and desirable in the public interest to designate, establish, develop and administer a tax increment fin- ancing redevelopment district, pursuant to the provisions of Minnesota Statutes, Section 273.71 to 273.78 inclusive; NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS, MN that the Anoka County Auditor is hereby requested to certify the assessed value of a~l~l real property within the boundaries of the tax increment redevelopment district as described in the attached tax increment financing plan as of the date of the last equalized assess- ment, and each year hereafter to certify the amount by which the assessed value has increased or decreased from the original assessed value and also to certify the proportion which any increase or decrease bears to the total assessed value for the real property in said tax increment financing district for that year, and also to remit to the Columbia Heights Housin9 and Redevelopment Authority each year hereafter, that proportion of all taxes paid that year on real property in the district which the captured assessed value bears to the total current assessed value, all pursuant to Minnesota Statutes,. Section 273.76 Subdivision 1 and 2. Adopted this 21st day of May, 1984. Offered by: Petkoff Seconded by: Carlson Rol1 call: All ayes -Anne StucrAnt, C~il Secretary Mayor Bruce G. Nawrocki Bruce G. Nawrocki, Mayor Rita M. Petkoff, Councilmember Arden Hovland, Councilmember Edward M. Carlson, Councilmember Gaw Peterson, Councitmember EQUAL OPPORTUNITY EMPLOYER