HomeMy WebLinkAbout09-114 - ADMIN Resolution - City Council - 2009/08/17RESOLUTION NO. 09-114
RESOLUTION APPROVING 2009 MINNESOTA LAWS, CHAPTER 88,
ARTICLE 5, SECTION 19 RELATING TO A TAX INCREMENT FINANCING
DISTRICT IN THE CITY OF ST. LOUIS PARK
BE IT RESOLVED by the City Council of the City of St. Louis Park, Hennepin County,
Minnesota (the "City") as follows:
1. It is hereby determined that:
(a) 2009 Minnesota Laws, Chapter 88, Article 5, Section 19 (the "Special Law")
extended the duration of the Elmwood Tax Increment Financing District to twenty-two (22)
years after receipt by the St. Louis Park Economic Development Authority of the first
increment from the district;
(b) the Special Law is effective upon approval by a majority vote of the City
Council, a majority vote of the Hennepin County Board of Commissioners (the "County
Board"), and a majority vote of the School Board of Independent School District No. 283
(the "School Board"), and filing a certificate with the Minnesota Secretary of State, all in
accordance with Minnesota Statutes, Sections 469.1782 and 645.021, subd. 3; and
(c) the City Council has determined that is in the best interest of the City and its
residents to approve the Special Law.
2. The Special Law is hereby approved in all respects.
3. Upon receipt of certified copies of resolutions approving the Special Law by the
County Board and the School Board, the City Clerk is authorized and directed to file with the
Secretary of State such resolutions along with a certified copy of this resolution and the appropriate
certificate in the form prescribed by the State Attorney General.
4. City staff are authorized and directed to take all actions necessary to implement the
Special Law and bring before this Council further proceedings as necessary in order to implement
the Special Law.
Member Basill introduced the following written resolution and moved its adoption, the reading of
which was dispensed with by unanimous consent.
Resolution No. 09-114 -2-
The motion for the adoption of the foregoing resolution was duly seconded by Member Finkelstein and
upon vote being taken thereon, the following voted in favor thereof: Jacobs, Finkelstein, Sanger, Basill,
Omodt, Carver and Paprocki.
and the following voted against: None
whereupon said resolution was declared duly passed and adopted.
Revi wed for Administration
Attest:
� 1 4 Cf
City Clerk 7
Adopted/by t e City Council August 17, 2009
Mayor