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
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