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~0~ .1~he Cindy Administrator is authorized and directed <br />to tran;~x~.~-~ a certified copy of this resolution together with a <br />¢;erti~ ~i~,'. ~.c, py of t:he modified Development Program and Tax <br />Incremer.:~ l~'~.nancing P.]an to the Auditor of Anoka County with a <br />request'I. ~i-~i~. the original assessed valuation of the property <br />within T~,i:: )~.crement Financing District No. 4 be certified to the <br />city ~_,ur.:~u~q~: to Section 469.177, subd. 1 of the Tax Increment <br />FinancJ~,i~ A~t and to file a copy of the Development Program and <br />Tax Inc~r~-~t Financing Plan with the Minnesota Commissioner of <br />Energy ~.tu~! r,:~:., ~nc~iic L~eveloL~ment. <br /> <br /> (!~(),[ The City may at the appropriate time take action <br />to iss::~,3 ,:.t:~ ! sell its general obligation bonds pursuant to the <br />Tax I),~.?~.~,,,,ni: Financing Act to finance the public costs <br />identi:[::i(.~ :i::, the Development Program and Tax Increment Financing <br />P1 ~m.~ <br /> <br />The mct.[~:~ ~:or the adoption of the foregoing resolution was <br />secon~e?l ~¥ Cotmcilmember Pearson and upon vote being taken <br />thereof,,. ~!~e '; oll¢~,¢ing voted in favor thereof: <br /> <br />~ ;:)~,~ cilntember CI3x <br />( b~, cilmember DeLuca <br />~ bL,~ cilmemt~er Pearson <br />~ bu~cJ.l~l~er Sorteberg <br /> <br />and ~:he ;-o !.~5,~..:[ng voted against, the same: <br /> <br />and tb.e J {:]..i.~r,~,j. ng abstained: <br /> <br />and the :i',:.l?.<~., [nq were absc'nt~ <br /> <br />whereu[,o:,~ :~a'id resolution was declared duly passed and adopted by <br />the Ram~,¥ City Council this the llth day of August, 1987. <br /> <br />Fesol ution 987-.175 <br /> Page 3 of 3 <br /> <br /> <br />