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6.0. EDSR 09-09-1996
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6.0. EDSR 09-09-1996
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9/9/1996
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ITEM 6. <br /> ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY <br /> • <br /> September 4, 1996 EDA Report 96-1 <br /> DECERTIFICATION OF TIF DISTRICT NO. 13 <br /> Proposed Action <br /> Staff recommends adoption of the following motion: Move to approve <br /> Resolution 96-5 decertifying Tax Increment Finance District No. 13 (TL <br /> Feeding Project). <br /> With approval of this action, TIF District No. 13 will be decertified. It is also <br /> required that the City Council approve a resolution decertifying TIF District <br /> No. 13. <br /> Overview <br /> Resolution 95-4 was passed in September of 1995. Such resolution approved <br /> the certification of TIF District No. 13 for the TL Feeding project. Although <br /> . the TIF District was never certified to the Sherburne County Auditor's office, <br /> it is still necessary and appropriate to pass a resolution decertifying the <br /> district prior to January 1, 1997. <br /> Supporting Documents <br /> • Resolution 96-5 decertifying TIF District No. 13 <br /> 4e. ' * <br /> Paul T. Steinman, Director of Economic Development <br /> 11) <br /> s:\eda\document\edareptl.doc <br /> P.O. Box 490 • 13065 Orono Parkway • Elk River, MN 55330-1743 • (612) 441-7420 • Fax: (612) 441-7425 <br /> Equal OpportunityHousing and Equal Opportunity Employment <br />
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