Res 2015-59
RESOLUTION NO. 2015 - 59
A RESOLUTION RELATING TO (1) THE DECERTIFICATION OF TAX INCREMENT
FINANCING DISTRICT NO. 9 AND (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 City Council of the
City of Fridley.
(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 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 City Council of the
City of Fridley.
Resolution No. 2015-59 Page 2
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
TH
14 DAY OF DECEMBER 2015.
_______________________________
SCOTT J. LUND – MAYOR
ATTEST:
_________________________________
DEBRA A. SKOGEN – CITY CLERK
CERTIFICATION
I, Debra A. Skogen, the duly qualified Clerk of the City of Fridley, County of Anoka, State of
Minnesota, hereby certify that the foregoing is a true and correct copy of Resolution No. 2015-59
TH
passed by the City Council on the 14 day of December 2015.
_______________________________________
DEBRA SKOGEN – CITY CLERK
MMB: 4820-4580-7659, v. 1
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,
December 14,2015,
adopted by the City Council of the City of Fridley at said meeting on 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:
RESOLUTION NO. 2015-59
A RESOLUTION RELATING TO (1) THE DECERTIFICATION OF TAX INCREMENT
FINANCING DISTRICT NO. 9 AND (2) THE DECERTIFICATION OF TAX
INCREMENT FINANCE DISTRICT NO. 16
th
WITNESS MY HAND as City Clerk of the City of Fridley and the seal of the City this 15 day
of December 2015.
(SEAL)
________________________________
Debra A. Skogen
City Clerk of the City of Fridley