HRA RES 2002-02 - 00002124HRA RESOLUTION NO. 2-2002
RESOLUTION RELATING TO THE DECERTIFICATION OF TAX 1NCREMENT
FINANCING DISTRICT NO. 15 BY THE HOUSING AND REDEVELOPMENT
AUTHORITY 1N AND FOR THE CITY OF FRIDLEY, MINNESOTA
WHEREAS, upon the request of the Board of Commissioners (the `Board") of the Housing
and Redevelopment Authority in and for the City of Fridley (the "Authority"), the City
Council (the "Council") of the City of Fridley, Minnesota (the "City") has established
Redevelopment Project No. 1(the "Project Area"), and within its Project Area has further
established Tax Increment Financing District No. 15 (the "Tax Increment District"), legally
described on Exhibit A to this Resolution, and adopted a Tax Increment Financing Plan
relating thereto on Apri128, 1997, pursuant to Minnesota Statutes, Sections 469.001 to
469.047 and 469.174 through 469.1799, inclusive, as amended and supplemented from time
to time.
WHEREAS, the Authority has proposed decertification of the Tax Increment District.
NOW, THEREFORE, BE IT RESOLVED by the Board of the Authority that the
decertification of the Tax Increment District from the City's Project Area be approved and
forwarded to the Council of the City for review and approval.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY 1N AND
FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 6t'` DAY OF JUNE, 2002.
LAWRENCE R. COMMERS - CHAIRPERSON
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR
HRA Resolution No. 2-2002
EXHIBIT A
PIN 11-3 0-24-31-0011
PIN 11-3 0-24-31-0012
and legally described as Lots 1 and 2, Block 2, Northco Business Park, Anoka County,
Minnesota.
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