HomeMy Public PortalAbout2014-047 Resolution Revoking Approval of Waiver of Certain Devel. FeesMember Pederson introduced the following resolution and moved its adoption:
CITY OF MEDINA
RESOLUTION 2014-47
RESOLUTION REVOKING APPROVAL OF THE WAIVER OF
CERTAIN DEVELOPMENT FEES; REVOKING RESOLUTION 2013-49
WHEREAS, the city of Medina (the "City") is a municipal corporation, organized and
existing under the laws of Minnesota; and
WHEREAS, on June 4, 2013, the City Council adopted resolution 2013-49, approving
the waiver of certain development fees for the construction of approximately 32 affordable rental
housing units by Dominium at Outlot D, Medina Clydesdale Marketplace (the "Property"); and
WHEREAS, the Property is located in Tax Increment Financing District No. 1-9 (the
"TIF District"); and
WHEREAS, the City Council had discussed reimbursing such fees using tax increment
generated by the TIF District; and
WHEREAS, funds from the TIF district were only permitted to be expended until July 9,
2014; and
WHEREAS, the Dominium project did not proceed as originally proposed nor proceed
within the timeframe in which the City could expend funds generated from the TIF District.
NOW, THEREFORE BE IT RESOLVED, that the City Council of Medina, Minnesota
does hereby revoke Resolution 2013-49 and the approval of any fee waivers contained therein.
Dated: August 6, 2014.
By: f
Attest:
By: , �►/ J
Scott T. Johns , City Administrator -Clerk
abeth Weir, Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member Anderson
and upon vote being taken thereon, the following voted in favor thereof:
Anderson, Martin, Martinson, Pederson, Weir
Resolution No. 2014-47
August 6, 2014
And the following voted against same:
None
Whereupon said resolution was declared duly passed and adopted.
Resolution No. 201447 2
August 6, 2014