HomeMy WebLinkAbout84-182 i
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'~i CITY OF LAREVILLE "
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RESOLUTION
~~Date December 17, 1984 Resolution No. 84-182
Motion by Enright Seconded by Harvey
~ RESOLUTION APPROVLNG EXECUTION OF COOPERATION AGREEMENT
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WHEREAS, the Housing and Redevelopment Authority of
the City of Lakeville, Minnesota (the Authority) and the City
~Ihave previously approved the Redevelopment Plan and .Tax. Increment
(Financing Plan for the Airlake Redevelopment Project No. 1 and
I~Tax Increment Financing District No. 4 to pay the public
(redevelopment costs described therein; and
WHEREAS, the City has authorized the sale and issuance
of $260,000 aggregate principal amount of General Obligation
'Tax increment Bonds, Series 1984B (the Bonds) to finance said
public redevelopment costs pursuant to a resolution adapted
~~December 4, 1984; and
WHEREAS, a Cooperation Agreement has been prepared
',specifying the respective actions to be taken by the Authority
and City with respect to the project and the tax increments
Ito be derived from the tax increment financing district.
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~ NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Lakeville that the Cooperation Agreement is hereby
approved and the Mayor and City Clerk are authorized to execute
~~,the same on behalf of the City.
Iii Adopted by the City Council this 17th day of December,
1984 .
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CITY OF AREVILLE
~ Duane Zaun ayor
ATTES
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atrick E. Mc arv y, City erk
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