HomeMy WebLinkAbout2004-019 CCRMember Kay Lasman introduced the following resolution and moved its adoption:
RESOLUTION NO. 2004-19
RESOLUTION SUPPORTING SPECIAL LEGISLATION TO EXTEND PERIOD WITHIN
WHICH TO COMMENCE ACTIVITIES IN TAX INCREMENT FINANCING DISTRICT
NO.3
WHEREAS, the City of Brooklyn Center established Tax Increment Financing (TIF)
District No. 3 in December of 1994 through Resolution No. 94-273; and
WHEREAS, the City has worked since the establishment of the district to undertake
redevelopment projects within the district; and
WHEREAS, the City has undertaken several redevelopment projects such as 690' and
Brooklyn Boulevard and Brookdale, including the creation of regional storm water detention ponds at the
Centerbrook Golf Course; and
WHEREAS, the City participated in an opportunity site program in 2002 through early
2003; and
WHEREAS, in 2003 the City began exploring potential redevelopment concepts that would
be consist with the results of the opportunity site report; and
WHEREAS, the time within which the City can commence activities will expire at the
beginning of 2005; and
WHEREAS, the City wishes to pursue the opportunity site potential, including
developments being currently reviewed and explored; and
WHEREAS, the City Council wishes to have an opportunity to review these potential
redevelopments in an orderly and thoughtful process without 1 osing the potential for such redevelopment due
to the expiration of the time within which activities may be commenced with in the district.
NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Brooklyn Center
that the proposed special legislation which is attached hereto and incorporated herein by reference as Exhibit A
which would extend the current date by which activities must be commenced within TIF District No. 3 by three
years be supported and be it further resolved that the City's Legislative Delegation is requested to introduce
and support such legislation on behalf of the City of Brooklyn Center.
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Janarv 26. 2004
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ATTEST:
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Kathleen Carmody
and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob Peppe;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.
RESOLUTION NO. 2004-19
Exhibit A
A bill for an act
relating to the City of Brooklyn Center;
extending time to expend tax increments
Section 1. Extension of Time To Exnend Tax Increment. Notwithstanding any contrary
provision of law or charter, for tax increment financing district number 3, established on
December 19, 1994, by Brooklyn Center Resolution No. 94-273, Minnesota Statutes, Section
469.1763, subdivision 3, applies to the district by permitting a period of thirteen years for
commencement of activities within the district.
Sec. 2. Effective Date. Section 1 of this act is effective upon approval by the governing
body of the City of Brooklyn Center and compliance with Minnesota Statutes, Section 645.021,
subdivision 3.
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