HRA Res 2015-11 Decertification of Tax Increment District
HRA RESOLUTION NO. 2015-11
A RESOLUTION RELATING TO (1) THE DECERTIFICATION OF TAX INCREMENT
FINANCING DISTRICT NO. 9; (2) THE DECERTIFICATION OF TAX INCREMENT
FINANCE DISTRICT NO. 16
WHEREAS, the City of Fridley (“City”) established its Redevelopment Project No. 1
(“Project Area”) and adopted a Redevelopment Plan relating thereto, pursuant to Minnesota
Statutes, Sections 469.001 to 469.047, inclusive, as amended and supplemented from time to
time.
(1)
WHEREAS, on June 26, 1989, the creation of Tax Increment Financing District No. 9
(“District No. 9”) and the adoption of a Tax Increment Financing Plan relating thereto was
approved, pursuant to Minnesota Statutes, Sections 469.001 to 469.047 and 469.174 to 469.1799,
inclusive, as amended and supplemented from time to time;
WHEREAS, District No. 9 is located within the Project Area;
WHEREAS, it has been determined that 2015 is the last year to receive tax increment and
therefore it is time to decertify as of December 31, 2015 District No. 9;
NOW, THEREFORE, BE IT RESOLVED that effective December 31, 2015 the
decertification of District No. 9 described above, is hereby approved by the Board of
Commissioners (“Commissioners”) of the Authority and is forwarded to the Fridley City Council
for review and approval.
(2)
WHEREAS, on April 28, 1997, the City approved the creation of Tax Increment
Financing District No. 16 (“District No. 16”) and the adoption of a Tax Increment Financing
Plan relating thereto, pursuant to Minnesota Statutes, Sections 469.001 to 469.047 and 469.174
to 469.1799, inclusive, as amended and supplemented from time to time;
WHEREAS, District No. 16 is located within the Project Area;
WHEREAS, it has been determined that it is in the best interests of the City and
Authority at this time to decertify as of December 31, 2015 District No. 16;
NOW, THEREFORE, BE IT RESOLVED that effective December 31, 2015 the
decertification of District No. 16 described above is hereby approved by the Board of
Commissioners (“Commissioners”) of the Authority and is forwarded to the Fridley City Council
for review and approval.
PASSED AND ADOPTED BY HOUSING AND REDEVELOPMENT AUTHORITY IN
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AND FOR THE CITY OF FRIDLEY THIS 3 DAY OF DECEMBER 2015.
HRA Resolution No. 2015-11 Page 2
_____________________________________
LAWRENCE R. COMMERS - CHAIRPERSON
ATTEST:
______________________________________
WALTER T. WYSOPAL - EXECUTIVE DIRECTOR
CERTIFICATION
I, Walter T. Wysopal, Executive Director of the Housing and Redevelopment Authority in and for
the City of Fridley, Minnesota, hereby certify that the foregoing is a true and correct copy of HRA
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Resolution No. 2015-11 adopted by the Authority on the 3 day of December 2015.
_______________________________________
WALTER T. WYSOPAL - EXECUTIVE DIRECTOR
MMB: 4833-4427-2171, V. 1
2
STATE OF MINNESOTA }
COUNTY OF ANOKA } §
CITY OF FRIDLEY }
I, Debra A, Skogen, the undersigned, being duly qualified City Clerk of the City of
Fridley, Minnesota, do hereby certify that I have carefully compared the RESOLUTION
attached hereto, adopted by the Fridley Housing and Redevelopment Authority of the
,
City of Fridley at said meeting on December 3, 2015 with the original record thereof on
file in my office, and the same is a full, true and complete transcript therefrom insofar as
the same relates to:
HRA RESOLUTION NO. 2015-11
A RESOLUTION RELATING TO (1) THE
DECERTIFICATION OF TAX INCREMENT FINANCING
DISTRICT NO. 9; (2) THE DECERTIFICATION OF TAX
INCREMENT FINANCE DISTRICT NO. 16
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WITNESS MY HAND as City Clerk of the City of Fridley and the seal of the City this 23
day of December 2015.
(SEAL)
________________________________
Debra A. Skogen
City Clerk of the City of Fridley