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HomeMy WebLinkAbout1994-118 CCR1 1 1 Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 94 118 RESOLUTION ACCEPTING SPECIAL LEGISLATION BY GOVERNING BODY PURSUANT TO MINNESOTA STATUTES, 645.02 AND 645.021 (TIF DISTRICT LEGISLATION WHEREAS, the State of Minnesota has passed Laws 1994, Chapter 587; Article 9, Section 14, Subdivisions 1 -5; and WHEREAS, said law authorizes the City of Brooklyn Center to establish a redevelopment tax increment finance district in which fifteen percent (15 of the revenues generated in any year will be deposited in a housing development account; and WHEREAS, the redevelopment district is deemed to be exempt from the provisions of Minnesota Statutes Section 273.1399; and WHEREAS, approving the special legislation for the City of Brooklyn Center is deemed to be in the best interest of the City of Brooklyn Center; and WHEREAS, it is considered that this legislation is imperative to the successful redevelopment of Brooklyn Center. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that Laws 1994, Chapter 587; Article 9, Section 14, Subdivisions 1 -5 are hereby approved. ATTEST: June 13, 1994 Date l cut,14Attbm. Deputy Clerk Todd Paulson, Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Kristen Mann and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Dave Rosene, Barb Kalligher, and Kristen Mann; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.