Resolution No. 2022-47 PH on Prop. Tax Abatements
Resolution No. 2022-47
Calling for a Public Hearing on Proposed Property Tax Abatements
Whereas, Minnesota Statutes §§ 469.1812 through 469.1815 authorize the Fridley City Council
(Council), upon satisfaction of certain conditions, to grant an abatement of all or a part of the
taxes levied by the City of Fridley (City) on real property within its boundaries; and
Whereas, it is a legal requirement that the City hold a public hearing prior to adoption of a
resolution granting any property tax abatements; and
Whereas, a public hearing on the consideration of the property tax abatement will be held at the
time and place set forth in the Notice of Hearing attached hereto as Exhibit A and hereby made a
part hereof; and
Whereas, the City Manager is hereby authorized and directed to cause notice of said hearing in
substantially the form attached hereto as Exhibit A to be given one publication in the City’s Official
Publication at least 10 days but not more than 30 days before the hearing; and
Whereas, the Official Publication must be one of general interest and readership in the City, and
the notice must be published at least once.
Therefore, be it resolved, that the City Council of the City of Fridley calls for a public hearing to
be scheduled on May 23, 2022 at 7:00 p.m. to be held at Fridley City Hall, 7071 University Avenue
N.E. on the proposal that the City abate property taxes levied by the City on properties identified
in Exhibit A.
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Passed and adopted by the City Council of the City of Fridley this 9 day of May, 2022.
____________________________________________
Scott J. Lund – Mayor
Attest:
________________________________________
Melissa Moore – City Clerk
Exhibit A
City of Fridley
Notice of Public Hearing Regarding Proposed Property Tax Abatements
Notice is hereby given that the Fridley City Council (Council) will hold a public hearing at 7:00
p.m., on Monday, May 23, 2022, to be held at the Fridley City Hall, 7071 University Avenue N.E.,
on the proposal that the City of Fridley (City) abate property taxes levied by the City on the
following property identified by the tax parcel identification numbers listed below (Property):
14-30-24-31-0067 13-30-24-44-0104 11-30-24-14-0042 24-30-24-32-0064
02-30-24-22-0009 24-30-24-11-0006 24-30-24-24-0027 24-30-24-21-0028
02-30-24-22-0010 13-30-24-43-0013 23-30-24-13-0111 24-30-24-14-0027
02-30-24-22-0012 25-30-24-12-0076 14-30-24-24-0029 24-30-24-34-0063
02-30-24-22-0010 11-30-24-13-0114 13-30-24-43-0028 13-30-24-43-0018
27-30-24-41-0002 13-30-24-23-0053 14-30-24-12-0053 25-30-24-21-0025
12-30-24-13-0035 25-30-24-11-0070 24-30-24-31-0106 11-30-24-13-0078
02-30-24-22-0016 25-30-24-12-0086 13-30-24-44-0118 14-30-24-21-0005
02-30-24-22-0015 14-30-24-13-0028 24-30-24-31-0053 24-30-24-12-0083
02-30-24-32-0005 25-30-24-11-0044 23-30-24-13-0009 13-30-24-22-0038
23-30-24-32-0012 13-30-24-43-0057 14-30-24-11-0089 25-30-24-21-0024
23-30-24-32-0006 11-30-24-13-0077 11-30-24-14-0036 24-30-24-34-0061
23-30-24-32-0013 24-30-24-42-0048 23-30-24-42-0031 13-30-24-14-0108
23-30-24-32-0010 13-30-24-43-0025 24-30-24-31-0101 14-30-24-14-0027
23-30-24-32-0011 13-30-24-44-0009 11-30-24-13-0017 25-30-24-11-0091
23-30-24-32-0007 24-30-24-31-0073 24-30-24-24-0026 14-30-24-13-0049
24-30-24-11-0116 11-30-24-24-0034 11-30-24-11-0048 24-30-24-11-0120
24-30-24-43-0005 24-30-24-34-0019 13-30-24-22-0074 25-30-24-12-0050
13-30-24-41-0031 23-30-24-14-0016 14-30-24-24-0028 24-30-24-43-0017
25-30-24-11-0046 13-30-24-23-0005 11-30-24-11-0029 13-30-24-44-0117
25-30-24-11-0036 24-30-24-24-0070 14-30-24-24-0032 14-30-24-21-0010
25-30-24-12-0034 13-30-24-44-0047 23-30-24-13-0088 25-30-24-11-0064
13-30-24-43-0047 13-30-24-43-0034 24-30-24-34-0016 25-30-24-12-0007
13-30-24-41-0022 14-30-24-24-0066 25-30-24-11-0054 24-30-24-11-0093
14-30-24-13-0037 14-30-24-14-0072 24-30-24-12-0009 25-30-24-11-0045
24-30-24-11-0107 14-30-24-12-0055 24-30-24-12-0082 13-30-24-44-0002
14-30-24-11-0121 24-30-24-12-0045 13-30-24-41-0074 24-30-24-34-0064
24-30-24-43-0010 11-30-24-13-0070 14-30-24-12-0061 11-30-24-12-0033
24-30-24-11-0131 23-30-24-14-0001 23-30-24-13-0104 25-30-24-11-0076
25-30-24-12-0040 24-30-24-24-0065 14-30-24-21-0027 13-30-24-44-0115
13-30-24-14-0129 24-30-24-11-0059 23-30-24-42-0002 24-30-24-14-0033
14-30-24-21-0007 11-30-24-14-0039 25-30-24-11-0043 14-30-24-21-0002
11-30-24-13-0056 23-30-24-14-0024 24-30-24-11-0137 24-30-24-42-0047
13-30-24-22-0009 11-30-24-13-0079 24-30-24-24-0025 13-30-24-44-0122
24-30-24-24-0013 13-30-24-44-0031 24-30-24-43-0019 24-30-24-34-0032
25-30-24-11-0047 11-30-24-12-0042 23-30-24-13-0099
The total amount of the taxes proposed to be abated by the City on the Property for up to a 15-
year period is estimated to be not more than $20,735,255. The Council will consider the property
tax abatement to finance the Park System Improvement Plan improvements (Project) located in
the City. The City proposes to issue General Obligation Tax Abatement Bonds, Series 2022A
(Bonds) in the aggregate principal amount not to exceed $20,730,000, which will be used to
finance the Project. The City will use the property tax abatements to pay the principal of the Bonds.
All interested persons may appear at the Monday, May 23, 2022, public hearing and present their
views orally or in writing to cityclerk@fridleymn.gov.