Loading...
2008-19 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DA TE: March 24. 2008 RESOLUTION NO: 2008-19 MOTION BY: Ernst SECONDED BY: McDonald RESOLUTION AUTHORIZING RETURN OF EXCESS TAX INCREMENT IN GA TEW A Y WEST DISTRICT #6 TO CARVER COUNTY WHEREAS, the city has decertified Gateway West TIP District #6 and completed all transactions and accounted for all expenditures. AND, WHEREAS, the City is now required to return the remaining $399,639.00 of increment to Carver County to be distributed to the appropriate jurisdictions. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen, Minnesota, that staff is authorized to return excess tax increment related to TIP District #6 (Gateway West) to Carver County in the amount of $399,639.00. Passed and adopted by the Chanhassen City Council this 24th day of March, 2008. ATTEST: ~ o Gerhardt, CIty Manager YES Furlong Ernst Litsey McDonald Tjornhom NO ABSENT