RES 2005-18 - 00013375RESOLUTION NO. 2005 - 18
RESOLUTION SUPPORTING AN ANOKA COUNTY TAX ABATEMENT
REQUESTED BY GLIMCHER NORTHTOWN VENTURE
WHEREAS, Glimcher Properties is the owner of Northtown Mall located in the City of Blaine on
property bordering the cities of Coon Rapids, Spring Lake Park and Fridley; and
WHEREAS, the Northtown Mall is a regional Anoka County asset and a significant taxpayer,
employing over 1,500 people at a payroll of over $24 million, and paying property taxes of over
$2.1 million annually; and
WHEREAS, the preservation and enhancement of Northtown Mall is of benefit to the entire area;
and
WHEREAS, Northtown is a major employer in Anoka County, providing a significant number of
jobs primarily to county residents; and
WHEREAS, Glimcher Properties, the owner of Northtown Mall, is making a significant
investment in upgrading and refurbishing Northtown Mall, which will result in enhanced
employment opportunities for area residents as well as significant economic development in the
area; and
WHEREAS, in 1997, the Minnesota State Legislature gave authority for cities, counties, and
school districts to grant economic development tax abatements; and
WHEREAS, Glimcher Properties has been granted an economic development tax abatement of
city taxes from the City of Blaine; and
WHEREAS, Glimcher Properties has made application to the Anoka County Board of
Commissioners for an economic development tax abatement of county taxes;
WHEREAS, Anoka County's abatement plan calls for significant and stringent benchmarks;
NOW THEREFORE, BE IT RESOLVED that the City of Fridley does hereby urge the Anoka
County Board of Commissioners to take appropriate action to preserve the economic viability of
the Northtown area.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
28TH DAY OF MARCH, 2005.
SCOTT J. L — MAY R
ATTEST: