2010-04CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES
STATE OF MINNESOTA
RESOLUTION NO. 2010-04
RESOLUTION APPROVING THE ELIMINATION OF PARCELS FROM TAX
INCREMENT FINANCING DISTRICT NO. 4 (CARVER COUNTY TIF
DISTRICT NO. 28), LOCATED WITHIN THE DOWNTOWN CHANHASSEN
REDEVELOPMENT PROJECT AREA, IN THE CITY OF CHANHASSEN.
WHEREAS, on May 22, 1995, the City of Chanhassen (the "City) established Tax Increment
Financing District No. 4 (the "TIF District ") within its the Downtown Chanhassen Redevelopment Project
Area; and
WHEREAS, the Chanhassen Economic Development Authority (the "EDA ") is the
administrative authority for the TIF District; and
WHEREAS, the TIF District, in part, included the following parcel numbers, which were
previously certified in the TIF District (the 'Parcels "):
Old Parcel Numbers:
25- 0130700
25- 2830030
The old parcel numbers have been retired due to a new plat and split.
New Parcel Numbers:
25- 1680040
25- 1680060
25- 2830031
WHEREAS, the EDA desires by this resolution to cause the elimination of the Parcels from the
TIF District thereby reducing the size of the TIF District; and
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
EDA as follows:
1. The tax increment financing plan ( "TIF Plan ") for the TIF District is hereby modified to
remove the Parcels from the TIF District, effective for taxes payable in 2011.
2. Upon approval of a similar resolution by the City, staff are authorized and directed to
attach a copy of this resolution to the TIF Plan for the TIF District in City files, file a copy of this
resolution with Carver County along with instructions to adjust the records for the TIF District
accordingly, and file a copy of the resolution with the Commissioner of Revenue and the Office of the
State Auditor.
Approved by the Board of Commissioners of the Chanhassen Economic Development Authority
this 12"' day of April, 2010.
ATTEST:
Todd derb ardt, Executive Director
YES
Furlong
Ernst
Litsey
McDonald
Tjornhom
Thomas A. Furlong, Chair
NO ABSENT