HomeMy WebLinkAbout2022-033CITY OF COLUMBIA HEIGHTS, MINNESOTA
RESOLUTION NO.2022-33
RESOLUTION APPROVING THE REMOVAL OF A PARCEL
FROM TAX INCREMENT FINANCING DISTRICT NO.9 WITHIN
THE DOWNTOWN CENTRAL BUSINESS DISTRICT
REDEVELOPMENT PROJECT
BE IT RESOLVED by the City Council (the "City Council") of the City of Columbia Heights, Minnesota
(the "City") as follows:
Section 1. Recitals.
1.01. The City Council and the Board of Commissioners of the Columbia Heights Economic
Development Authority (the "Authority") previously approved a tax increment financing plan (the "TIF
Plan") for Tax Increment Financing District No. 9 (the "TIF District"), a redevelopment district within the
Downtown Central Business District Redevelopment Project in the City, pursuant to Minnesota Statutes,
Sections 469.174 through 469.1794, as amended (the "TIF Act").
1.02. The parcel identified by property identification number 35-30-24-14-0151 and legally
described in EXHIBIT A attached hereto (the "Parcel") was included in the TIF District.
1.03. The City and the Authority propose to amend the TIF Plan to remove the Parcel from the TIF
District, thereby reducing the size thereof. On March 7, 2022, the Board of Commissioners of the Authority
adopted a resolution approving the removal of the Parcel from the TIF District, contingent upon the City
Council's approval thereof.
1.04. The current net tax capacity of the Parcel to be eliminated from the TIF District equals or
exceeds the net tax capacity of the Parcel in the TIF District's original tax capacity, as determined under
Section 469.177, subdivision 1 clause (e) of the TIF Act, Therefore, this amendment to the TIF Plan is
accomplished pursuant to Section 469.175, subdivision 4, clause (e)(2)(A) of the TIF Act, by action of the
City without the need for public hearing and other notice and processing which would otherwise apply to
substantial amendments to tax increment financing districts.
Section 2. Approvals; Further Actions.
2.01. The TIF Plan for the TIF District is hereby amended to remove the Parcel.
2.02. The City authorizes and directs the Authority to notify the Manager of Property Records and
Taxation, as County Auditor, of Anoka County, Minnesota of the removal of the Parcel pursuant to Section
469.175, subdivision 4, clause (e) of the TIF Act, and to file the amendment to the TIF Plan with the
Commissioner of Revenue and the State Auditor pursuant to Section 469.175, subdivision 4a of the TIF
Act.
CL205-11-781107.v1
Approved this 10 day of March, 2022, by the City Council of the City of Columbia Heights, Minnesota.
Offered by: Jacobs
Seconded by: s ky Ayes
ye
Roll Call: All Ayes
May& � U
ATTEST:
City Clerk
CL205-11-781107.v1
EXHIBIT A
LEGAL DESCRIPTION OF PARCEL
Lot 1, Block 1, Northwestern 2nd Addition, County of Anoka, State of Minnesota
A-1
CL205-11-781107.v1