HomeMy WebLinkAbout2017-133A (Res approving the removal and decertfication os certain parcels from TIF #10) RESOLUTION 2017-133A
CITY OF STILLWATER
COUNTY OF WASHINGTON
STATE OF MINNESOTA
BEING A RESOLUTION APPROVING THE REMOVAL AND DECERTIFICATION
OF CERTAIN PARCELS FROM TAX INCREMENT FINANCING DISTRICT NO. 10,
WITHIN DEVELOPMENT DISTRICT NO. 10, OF THE CITY OF STILLWATER
WHEREAS, on June 20, 2017, the City of Stillwater (the "City") created its Tax
Increment Financing District 13 ("District No. 13") within its Development District No. 1 (the
"Project").
WHEREAS, the City is the authority that requested certification of the original net tax
capacity of TIF District No. 10; and
WHEREAS, the City desires by this Resolution to cause the removal and decertification
of certain parcels within District No. 10, pursuant to Minn. Stat. § 469.177, Subd. 12(5), so that
the parcels can be included in TIF District 13.
NOW,THEREFORE, BE IT RESOLVED by the City Council of the City of Stillwater
that the City's staff shall take such action as is necessary to cause the County Auditor of
Washington County to remove from Tax Increment District No. 10 and to decertify the following
parcels now within Tax Increment District No. 10:
Parcel Numbers
28.030.20.13.0159
28.030.20.13.0162
Dated: June 20, 2017.
CITY OF STILLWATER
#111"
Ted Koz owski, Ma
ATTEST:
441-0LC—
Diane F. Ward, City Clerk