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97-08 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: January 27~ 1997 RESOLUTION NO: 97-08 MOTION BY: Mason SECONDED BY: Berquist A RESOLUTION DECERTIFYING TAX INCREMENT DISTRICT NO. 2 IN DEVELOPMENT DISTRICT NO. 1 WHEREAS, the duration of Tax Increment District No. 2 in Development District No. 1 within the City of Chanhassen ended in 1992. All increment received during the years of 1990 through 1992 were used only to pay development costs associated with improvements of those portions of State Trunk Highway 101 or 5 within the development district or to pay the administrative expenses of the tax increment financing district. NOW, THEREFORE, BE IT RESOLVED BY THE CHANHASSEN CITY COUNCIL that Tax Increment District No. 2 in Development District No. 1 is hereby decertified as of'December 31, 1992. Further, that this resolution shall serve as official notice to Hennepin County of the city's action. Passed and adopted by the Chanhassen City Council this 27th day of January, 1997. ATTEST: Don Ashworth, City Clerk/Manager Nancy K. Mancino, Mayor YES Mancino Engel Berquist Mason NO ABSENT None Senn