HomeMy Public PortalAbout1988-009Member
its adoption:
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introduced the following resolution and moved
CITY OF MEDINA
RESOLUTION NO. 0 �'- 67
RESOLUTION OPPOSING PROPOSED
AMENDMENTS TO THE MINNESOTA
TAX INCREMENT FINANCING ACT
WHEREAS, a bill (Bill) has been introduced in the Minnesota legislature
to modify Minnesota Statutes, Section 469.174 through 469.179 (Tax Increment
Financing Act); and
WHEREAS, the Bill contains provisions which could impair the City's
efforts to encourage development; and
WHEREAS, the Bill would leave the cities of Minnesota, which are the
primary governmental entities responsible for economic development, with fewer
tools to prevent the flight of capital and human resources from the state.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Medina
that Medina is on record as opposed to passage of the Bill. The city
clerk -treasurer is authorized and directed to transmit a copy of this
resolution to the Minnesota legislature.
Dated:
, 1988.
Hunk Scherer, Acting Mayor
ATTEST:
Donna Roehl, City Clerk -Treasurer
The motion for the adoption of the foregoing resolution was duly seconded by
member
and upon vote being taken thereon, the following
voted in favor thereof: { i
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and the following voted against same:
hone
Whereupon said resolution was declared duly passed and adopted.
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