2013-37 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: July 22,2013 RESOLUTION NO: 2013-37
MOTION BY: Tjornhom SECONDED BY: McDonald
A RESOLUTION APPROVING THE DECERTIFICATION OF
TAX INCREMENT FINANCING DISTRICT NO. 8 OF THE CITY
OF CHANHASSEN
WHEREAS, on January 19, 2001, the City of Chanhassen (the "City") created its Tax
Increment Financing District No. 8 ("District No.") within its Downtown Chanhassen
Redevelopment Project Area (the "Project"); and
WHEREAS, as of the date hereof all bonds and obligations to which tax increment from
District No. 8 have been pledged have been paid in full or defeased and all other costs of the
Project have been paid; and
WHEREAS, the City desires by this resolution to cause the decertification of District
No. 8 after which all property taxes generated by property within the District will be distributed
in the same manner as all other property taxes.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of
Chanhassen that the City's staff shall take such action as is necessary to cause the County
Auditor of Carver County to decertify the District No.8 as a tax increment district and to no
longer remit tax increment from the District No. 8 to the City effective for taxes payable in 2014.
Passed and adopted by the Chanhassen City Council this 22nd day of July, 2013.
ATTE '.
/11/A
Todd Gerhardt, City Manager Thomas A. Furlong, Mayor
YES NO ABSENT
Furlong
Ernst
Laufenburger
McDonald
Tjornhom