HomeMy WebLinkAboutCity Council Resolution 2023-156
C ITY OF P LYMOUTH
R ESOLUTION N O. 2023-156
R ESOLUTION A PPROVING M INNESOTA L AWS, 2023,
R EGULAR S ESSION, C HAPTER 64, A RTICLE 8, S ECTION 12
WHEREAS, the 2023 regular session of the Minnesota Legislature passed, and the Governor
signed, Minnesota Session Laws, 2023, Regular Session, Chapter 64, Article 8, Section 12, which states as
follows:
Sec. 12. CITY OF PLYMOUTH; TIF AUTHORITY.
Subdivision 1. Establishment. Under the special rules established in
subdivision 2, the city of Plymouth may establish not more than two
redevelopment districts located wholly within the city of Plymouth, Hennepin
County, Minnesota, limited to the following parcels identified by tax
identification numbers: 34-119-22-44-0002, 03-118-22-12-0002, 03-118-22-
11-0007, 02-118-22-22-0005, and 03-118-22-14-0032, together with
adjacent roads and rights-of-way.
Subd. 2. Special rules. If the city establishes a tax increment financing
district under this section, the following special rules apply:
(1) the district is deemed to meet the requirements of Minnesota
Statutes, section 469.174, subdivision 10;
(2) Minnesota Statutes, section 469.176, subdivision 4j, does not
apply to the district; and
(3) not more than 75 percent of increments generated from the
district may be expended on improvements to Chankahda Trail,
formerly known as Hennepin County Road 47, outside the project
area, and all such expenditures are deemed expended on activities
within the district for the purposes of Minnesota Statutes, section
469.1763.
Subd. 3. Expiration. The authority to approve a tax increment
financing plan to establish a tax increment financing district under this section
expires December 31, 2030.
EFFECTIVE DATE. This section is effective the day after the governing
body of the City of Plymouth and its chief clerical officer comply with
Minnesota Statutes, section 645.021, subdivisions 2 and 3.
WHEREAS, such legislation requires local approval in accordance with Minnesota Statute,
Section 645.021; and
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Resolution 2023-156
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WHEREAS, the City desires the law to become effective.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA, as follows:
(1) Minnesota Session Laws, 2023, Regular Session, Chapter 64, Article 8, Section 12, is
hereby approved.
(2) The City Manager is hereby instructed to submit the appropriate certificate and a copy of
this Resolution to the Secretary of State of the State of Minnesota.
APPROVED by the City Council on this 13th day of June, 2023
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Clerk of the City of
Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a
meeting of the Plymouth City Council on June 13, 2023 with the original thereof on file
in my office, and the same is a correct transcription thereof.
WITNESS my hand officially as such City Clerk and the Corporate seal of the City this
____ day of ____________, 2023.
____________________________________
City Clerk
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