HomeMy WebLinkAboutResolution No. 2019-46 Special Law for TIFDated: 18, 21
416/
S aron Allison, City Cleric
Attest:
es B. ovlan , ayor
•
RESOLUTION NO. 2019-46
APPROVING A SPECIAL LAW AUTHORIZING
TAX INCREMENT FINANCING DISTRICTS FOR HOUSING PURPOSES
AND EXPENDITURES FROM THE SOUTHDALE 2
TAX INCREMENT FINANCING DISTRICT
WHEREAS, Article XII, Section 2 of the Minnesota Constitution and Minnesota Statutes §645.021 authorize a local
government unit to enact a special law affecting the local government unit following approval by resolution adopted by a
majority vote of all members of the governing body; and
WHEREAS, the Minnesota Legislature approved special laws in 2014 and 2017 that provide the City of Edina or
Housing and Redevelopment Authority to establish one or more tax increment financing districts for affordable housing
purposes in the Southeast Edina Redevelopment Project Area, as the boundaries exist on March 31, 2014; and
WHEREAS, the Minnesota Legislature approved a special law, Minnesota Session Laws 2019, First Special Session,
Chapter 6, Article 7, Section 3 that extends the period of time for the City of Edina or its Housing and Redevelopment
Authority to establish such tax increment financing (TIF) districts for affordable housing from December 31, 2019 to
December 3 I , 2021; and
WHEREAS, the special law is effective upon approval of the City Council and filing such approval with the
Secretary of State.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF EDINA, MINNESOTA,
HENNEPIN COUNTY, MINNESOTA (THE "CITY") AS FOLLOWS:
I. The special law, Minnesota Session Laws 2019, First Special Session, Chapter 6, Article 7,
Section 3, which extends the authority to request certification of Housing Tax Increment Financing (TIF)
Districts until December 31, 2021 is hereby approved.
2. The City Clerk is authorized and directed to file with th6 Secretary of State a certified copy of
this Resolution and the appropriate certificate in the form prescribed 14 tie State Attorney General.
STATE OF MINNESOTA )
COUNTY OF HENNEPIN) SS
CITY OF EDINA
CITY OF EDINA
4801 West 50th Street • Edina, Minnesota 55424
Resolution 20 I 9-46
Page 2
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina, do hereby certify that the attached and
foregoing Resolution was duly adopted by the Edina City Council at its Regular Meeting of June 18, 2019, and as recorded
in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of , 2019.
City Clerk