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2023-051 Resolution Approving Laws of Minnesota 2023, Chapter 64, Article 8, Section 2, Relating to Tax Increment Financing District 2-11 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2023-051 APPROVING LAWS OF MINNESOTA 2023, CHAPTER 64, ARTICLE 8, SECTION 2, RELATING TO TAX INCREMENT FINANCING DISTRICT 2-11 WHEREAS, the City of Hopkins, Minnesota (the "City") has duly established Tax Increment Financing District No. 2-11 (the "TIF District") within the Project Area in accordance with Minnesota Statutes, Sections 469.174 through 469.1794, as amended (the "TIF Act") and the Housing and Redevelopment Authority in and for the City of Hopkins, Minnesota administers such TIF District; and WHEREAS, the Legislature of the State of Minnesota passed a special law providing that the duration of the TIF District may be extended for up to four additional years, providing that up to 25% of the total tax increment from the TIF District can be expended outside the TIF District for housing or redevelopment activities and providing that up to 28% of the total amount of increment may be spent on activities located outside the area of the TIF District, all as provided in Laws of Minnesota 2023, Chapter 64, Article 8, Section 2 (the "2023 Special Law"); and WHEREAS, pursuant to Minnesota Statutes, Section 645.021, subdivisions 2 and 3, the 2023 Special Law is effective upon approval by a majority vote of the governing body of the City and the filing of a certificate, including a copy of this resolution, in the form prescribed by the Minnesota Attorney General with the Minnesota Secretary of State, as set forth in Exhibit A; and WHEREAS, the City Council of the City has determined that it is in the best interest of the City and its residents to approve the Special Law. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Hopkins, Minnesota, as follows: 1. The 2023 Special Law is approved. 2. The City Clerk, as the chief clerical officer of the City, is hereby authorized and directed to file the certificate and a copy of this resolution, as approved, with the Minnesota Secretary of State as required by Minnesota Statutes, Section 645.021 , subdivision 3. 3. City staff are authorized and directed to take any additional action necessary to implement the 2023 Special Law. HP145\107\887422.v3 Adopted by the City Council of the City of Hopkins, Minnesota this 19th day of December, 2023. Patrick Han , Mayor ATTEST: CAA-PLOIAmy Domeier, City Clerk 2 HP145\107\887422.v3 EXHIBIT A CERTIFICATE OF APPROVAL OF SPECIAL LAW BY GOVERNING BODY (Pursuant to Minnesota Statutes,645.02 and 645.021) STATE OF MINNESOTA County of Hennepin TO THE SECRETARY OF STATE OF MINNESOTA: PLEASE TAKE NOTICE,That the undersigned chief clerical officer of the City of Hopkins DOES HEREBY CERTIFY,that in compliance with the provisions of Laws,20 23 , Chapter 64 requiring approval by a majority*of the governing body of said local governmental unit before it becomes effective,the City Council (designate governing body) at a meeting duly held on the 19th day of December 20 23 ,by resolution 2023-051 did approve said Laws,20 23 ,Chapter 64 (if other than resolution,specify) by a majority vote*of all of the members thereof (Ayes 5 ; Noes 0 Absent or not voting )and the following additional steps,if any required by statute or charter were taken: A copy of the resolution is hereto annexed and made a part of this certificate by reference. Signed: , 'tl OA City Clerk (Official designation of officer) (This fonts prescribed by the Attorney General and famished by the Secretary of State as required in Minnesota Statutes 645.021.) If extraordinary majority is required by the special law.insert fraction or percentage here. Please see reverse side for instructions for completing this form. S.CLECTELECTOPENAPPT CERTnICATE OF APPROVAL OF SPECIAL LAW A. A-1 HP145\107\887422.v3