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HomeMy WebLinkAbout1983-062 CCRMember Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION NO. 83 -62 RESOLUTION REQUESTING THE COUNTY AUDITOR TO CERTIFY THE ORIGINAL ASSESSED VALUE OF THE REAL PROPERTY WITHIN THE BOUNDARY OF THE BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY TAX INCREMENT FINANCING HOUSING DISTRICT WHEREAS, the City Council of the City of Brooklyn Center has determined that it is necessary and desirable and in the public interest to establish, designate, develop, and administer a tax increment financing housing district pursuant to the provisions of Minnesota Statutes, Section 273.71 to 273.78 inclusive; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota that the Hennepin County Auditor is hereby requested to certify the assessed value of all real property within the boundaries of the tax increment housing district as described in the attached tax increment financing plan as of the date of the last equalized assessment, and each year hereafter to certify the amount by which the assessed value has increased or decreased from the original assessed value and also to certify the proportion which any increase or decrease bears to the total assessed value for the real property in said tax increment financing district for that year, and also to remit to the Brooklyn Center Housing and Redevelopment Authority each year hereafter, that proportion of all taxes paid that year on real property in the district which the captured assessed value bears to the total current assessed value, all pursuant to Minnesota Statutes, Section 273.76, Subdivision 1 and 2. ATTEST Mayor The motion for t1W adoption of the foregoing resolution was duly seconded by member Celia Scott and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. r' April 11, 1983 Date