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CITY OF ELK RIVER <br />COUNTY OF SHERBURNE <br />STATE OF MINNESOTA <br /> <br />RESOLUTION 96- <br /> <br />BEII~,'£'~ A i~2fi;::~OLUTION APPROViNG 'FHE DECERTIFICATION OF <br />TAX INCREMENT FINANCING DISTRICT NO. 13 IN THE CITY OF <br />ELK RIOTER. <br /> <br /> WHEREAS, in 1995, the City of E].~.~ River ("the city") created its Tax <br />Increment Financing District No. 13 ("the district") within its Development <br />District No. 1; and <br /> <br /> V~IF, REAS, the city desires by this resolution to cause the <br />decertification of the district after which all property taxes generated by <br />property within the district will be distributed in the same manner as all <br />other property taxes. <br /> <br /> NOW THEREFORE, BE IT RESOLVED by the City Council of the <br />City of Elk River that the city's staff shall take such action as is necessary to <br />cause the County Auditor of Sherburne County to decertify the district as a <br />tax increment district and to no longer remit tax increment from the district <br />to the city. <br /> <br />DATED: <br /> <br />September 9, 1996 <br /> <br />Duitsman, Mayor <br /> <br />ATTEST: <br /> <br />Patrick D. Klaers, City Administrator <br /> <br />s:\document\resoluti\decert 13.doc <br /> <br /> <br />