2019-052 Approving Laws of Minnesota 2019, First Special Session, Chapter 6, Article 7, Section 1, Relating to Tax Increment Financing District 2-11 CITY OF HOPKINS,MINNESOTA
RESOLUTION NO.2019-052
APPROVING LAWS OF MINNESOTA 2019, FIRST SPECIAL
SESSION,CHAPTER 6,ARTICLE 7, SECTION 1,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 extending the five-year
rule of the TIF District to nine years, all as provided in Laws of Minnesota 2003, Chapter 127, Article 10,
Section 31 (the "2003 Special Law"), which was amended by another special law which allowed an
extension of the TIF District and the use of tax increment for housing activities, all as provided in Laws of
Minnesota 2008, Chapter 366, Article 5, Section 21 (the"2008 Special Law"); and
WHEREAS, the Legislature of the State of Minnesota passed a special law providing that up to
20% of the total tax increment from the TIF District can be expended outside the TIF District for housing
or redevelopment activities, all as provided in Laws of Minnesota 2019, First Special Session, Chapter 6,
Article 7, Section 1 (the"2019 Special Law"); and
WHEREAS, pursuant to Minnesota Statutes, Section 645.021, subdivisions 2 and 3, the 2019
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; 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 2019 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 2019 Special Law.
Adopted by the City Council of the City of Hopkins,Minnesota this 18'day of June, 20197.
By:
J n Gadd, Mayor
ATTEST:
Amy omeier, ity Jerk
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