5.8.
| CC Regular Session |
| Meeting Date: | 07/22/2025 |
| Primary Strategic Plan Initiative: | {ud_pd4} |
Title:
Adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2
Purpose/Background:
The purpose of this case is to consider City approval of Special legislation approving the ability to adopt Interfund Loan Resolutions for expenses previously incurred in TIF District 14 (COR) as follows:
- Eligible expenditures within the district include but are not limited to (1) the city's share of the costs necessary to provide for the construction of the Northstar Transit Station and related infrastructure, including structured parking, a pedestrian overpass, and roadway improvements, (2) the cost of land acquired by the city or the housing and redevelopment authority in and for the city of Ramsey within the district prior to the establishment of the district, and (3) the cost of public improvements installed within the tax increment financing district prior to the establishment of the district.
Notification:
Not required
Time Frame/Observations/Alternatives:
The City is required by Minnesota Statutes, sections 645.02 and 645.021 to formally approve the Special Legislation via resolution.
Alternatives:
1) Motion to adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2 (as presented).
2) Motion to adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2 (with changes).
3) Something else.
Interfund Loan Resolutions will be presented to City Council for formal approval prior to December 31, 2025, as authorized by the approved Special Legislation.
Alternatives:
1) Motion to adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2 (as presented).
2) Motion to adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2 (with changes).
3) Something else.
Interfund Loan Resolutions will be presented to City Council for formal approval prior to December 31, 2025, as authorized by the approved Special Legislation.
Funding Source:
Costs associated with the filing of the attached Resolution #25-162 and subsequent IFL Resolutions can be funded through TIF 14 (9214.6315).
Recommendation:
Staff recommends adoption of Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2 (as presented).
Outcome/Action:
Motion to Adopt Resolution #25-162 Approving Minnesota Laws, 2025 1st Special Session Chapter 13, Article 5, Section 2
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Diana Lund | Diana Lund | 07/08/2025 07:32 AM |
| Brian Hagen | Brian Hagen | 07/17/2025 02:42 PM |
- Form Started By:
- Sean Sullivan
- Started On:
- 07/07/2025 10:52 AM
- Final Approval Date:
- 07/17/2025