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Model City/Heritage Preservation Commission Resolution <br />Establishing Support for the <br />Minnesota Historic Structure and Community Re-Investment Tax Credit <br />,_ <br />WHEREAS Minnesota Senate File 1659. and House of-Representatives File 1731 <br />will enable a state income tax credit equal to 25 percent of the <br />qualified costs of rehabilitation on certified historic residential and <br />commercial properties; and <br />WHEREAS the CITY COUNCIL/COMMISSION supports the need to preserve <br />its physical heritage, promote economic development of its historic <br />areas, encourage the appropriate rehabilitation of underused or <br />vacant historic properties, and believes SF 1659/HF 1731 will <br />significantly advance these objectives. <br />Now, therefore be it <br />RESOLVED that the CITY COUNCIL/COMMISSION supports Senate File 1659 <br />and House of Representatives File 1731, and directs the City Clerk <br />'to forward a copy of this resolution to the President of the <br />Minnesota Senate, the Speaker of the Minnesota House, of <br />Representatives and the legislative representatives of the City of <br />[insert city] . <br />Adopted this _ day of , 2005. <br />