HomeMy WebLinkAboutHRA Res 2014-01 Grandview Hazardous Subdistrict Decertificaiton 0\1 A,
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EDINA HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF EDINA
COUNTY OF HENNEPIN
STATE OF MINNESOTA
RESOLUTION 2014-01
A RESOLUTION APPROVING THE DECERTIFICATION OF THE
GRANDVIEW HAZARDOUS SUBSTANCE SUBDISTRICT IN THE
CITY OF EDINA.
WHEREAS, on August 15, 2000, the City of Edina (the "City") and its Housing and
Redevelopment Authority (the "HRA") created its Grandview Hazardous Substance Subdistrict (the
"Subdistrict")within its Southeast Edina Redevelopment Project Area(the "Project"); and
WHEREAS, as of the date hereof all bonds and obligations to which tax increment from the
Subdistrict have been pledged have been paid in full or defeased and all other costs of the Subdistrict have
been paid; and
WHEREAS, the HRA desires by this resolution to cause the decertification of the Subdistrict
after which all property taxes generated by property within the Subdistrict will be distributed in the same
• manner as all other property taxes.
NOW THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Edina Housing
and Redevelopment Authority that the HRA and City staff shall take such actio as is necessary to cause
the County Auditor of Hennepin County to decertify the Subdistrict as a t mcr ment district and to no
longer remit tax increment from the Subdistrict to the City.
Dated: February 3, 2014
Attest:
Ann Swenson, Secretary James%. Hovland, Chair
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS
CITY OF EDINA )
CERTIFICATE OF EXECUTIVE DIRECTOR
I, the undersigned duly appointed and acting Executive Director for the Edina Housing and
Redevelopment Authority do hereby certify that the attached and foregoing Resolution is a true and
correct copy of the Resolution duly adopted by the Edina Housing and Redevelopmen' Authority at its
Regular Meeting of February 3, 2014, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of ,
• Scott Neal,Executive Director
CITY OF EDINA
4801 West 50th Street•Edina,Minnesota 55424
www.EdinaMN.gov•952-927-8861 •Fax 952-826-0390