#10-12-268 - Laserfiche WebLink

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Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Ramsey, Anoka County, Minnesota, was duly called and held at the City hall on the 14 day of December, 2010, at 7:00 p.m. The following members were present: Mayor Ramsey Councilmember Dehen Councilmember Elvig Councilmember Jeffrey Councilmember Look Councilmember McGlone Councilmember Wise CITY OF RAMSEY COUNTY OF ANOKA STATE OF MINNESOTA and the following were absent: None Councilmember Elvig introduced the following resolution, the reading of which was dispensed with by unanimous consent, and moved its adoption: RESOLUTION #10 -12 -268 RESOLUTION DECERTIFYING TAX INCREMENT FINANCING DISTRICTS NO. 11, 12 AND 13 AND RETURNING EXCESS TAX INCREMENTS TO OTHER TAXING JURISDICTIONS WHEREAS, the City of Ramsey (the "City ") has heretofore created Tax Increment Financing Districts No. 11, 12 and 13 (the "Tax Increment Districts "); and WHEREAS, the developments to be undertaken within the Tax Increment Districts as set forth in the tax increment financing plans have been completed and the final tax increment payments have been made or decertification of the Tax Increment Districts are required pursuant to law. NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council ") of the City of Ramsey, Minnesota (the "City") as follows: 1. That the City Council hereby finds, declares and determines to decertify Tax Increment Financing Districts No. 11, 12 and 13 effective as of December 31, 2010. 2. That any tax increments collected from Tax Increment Financing Districts No. 11, 12, and 13 shall be returned to the County Auditor of Anoka County for distribution to the affected tax jurisdictions in accordance with Minnesota Statutes, Section 469.176, subdivision 2. Resolution #10 -12 -268 Page 1 of