HomeMy WebLinkAboutResolution No. 2025-70 Adopting Special Law for 72nd and France 2 TIF District
RESOLUTION 2025-70
APPROVING A SPECIAL LAW FOR THE 72nd AND FRANCE 2 TAX INCREMENT FINANCING
DISTRICT
WHEREAS, Article XII, Section 2 of the Minnesota Constitution and Minnesota Statutes, Section 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 Minnesota Laws 2025, 1st Special Session Chapter 13, Article 5,
Section 13 (the “Special Law”) providing that the five-year period under Minnesota Statutes, Section 469.1763 is extended
to ten years for the 72nd and France 2 Tax Increment Financing District (the “Five Year Rule Extension”); and
WHEREAS, the Special Law provides that the City of Edina or its housing and redevelopment authority may elect
to extend the duration of the 72nd and France 2 Tax Increment Financing District by five years (the “District Extension”);
and
WHEREAS, a copy of the text of the Special Law is attached hereto as Exhibit A; and
WHEREAS, the Five Year Rule Extension of the Special Law is effective upon approval of the City Council and
filing such approval with the Secretary of State, all in accordance with Minnesota Statutes, Section 645.021, subdivisions 2
and 3.
WHEREAS, pursuant to the requirements of Minnesota Statutes, Section 469.1782, subdivision 2 the District
Extension of the Special Law is effective upon approval by a majority vote of the governing bodies of the City, Hennepin
County and Independent School District No. 273 and filing such approval with the Secretary of State.
NOW, THEREFORE, BE IT RESOLVED by the City Council (the "Council") of the City of Edina, Minnesota
(the "City"), as follows:
1. The Special Law is hereby approved.
2. The City Clerk is authorized and directed to file with the Secretary of State a certified copy of this resolution,
the resolutions of approval by Hennepin County and Independent School District No. 273, and the appropriate
certificate in the form prescribed by the State Attorney General no later than December 31, 2025.
3. City staff, the City’s advisors and legal counsel are authorized and directed to take any additional action
necessary to implement the Special Law.
Dated this 19th day of August 2025
Attest:
Sharon Allison, City Clerk James B. Hovland, Mayor
Sharon Allison (Aug 21, 2025 06:48:28 CDT)
Resolution 2025-70 Page 2
EXHIBIT A
SPECIAL LAW
Sec. 13. CITY OF EDINA; 72ND & FRANCE 2 TIF DISTRICT; FIVE-YEAR RULE EXTENSION; DURATION EXTENSION.
(a) The five-year period under Minnesota Statutes, section 469.1763, subdivision 3, is extended to ten years and
the period under Minnesota Statutes, section 469.1763, subdivision 4, relating to the use of increment after the expiration
of the five-year period, is extended to 11 years for Tax Increment Financing District 72nd & France 2 in the city of Edina.
(b) Notwithstanding Minnesota Statutes, section 469.176, subdivisions 1b and 1d, the city of Edina or its housing
and redevelopment authority may elect to extend the duration of the district by five years for Tax Increment Financing
District 72nd & France 2.
EFFECTIVE DATE. Paragraph (a) is effective the day after the governing body of the city of Edina and its chief clerical officer
comply with the requirements of Minnesota Statutes, section 645.021, subdivisions 2 and 3. Paragraph (b) is effective upon
compliance by the governing bodies of the city of Edina, Hennepin County, and Independent School District No. 273 with
the requirements of Minnesota Statutes, section 469.1782, subdivision 2.
STATE OF MINNESOTA )
COUNTY OF HENNEPIN ) SS
CITY OF EDINA ) CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that the attached is a true
and correct copy of the Resolution duly adopted by the Edina City Council at its regular meeting of August 19, 2025, and
as recorded in the Minutes of said regular meeting.
WITNESS, my hand and seal of said City this ______ day of________________________, 2025.
_______________________________
Sharon Allison, City Clerk