Title
Approving Minnesota Session Laws 2025, 1st Special Session, Chapter 13 (H.F. No. 9), Article 5, Section 5 regarding the Ford Site Redevelopment Tax Increment Financing District.
Body
WHEREAS, the 2025 Minnesota Legislature passed and the Minnesota Governor signed Minnesota Session Laws 2025, 1st Special Session, Chapter 13 (H.F. No. 9), Article 5, Section 5 (the “Special Law”), amending Minnesota Laws 2017, 1st Special Session, Chapter 1, Article 6, Section 22, and related to the Ford Site Redevelopment Tax Increment Financing District previously established by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”);
WHEREAS, the Special Law requires local approval and action in accordance with Minnesota Statutes §645.021, subdivisions 2 and 3; and
WHEREAS, the Saint Paul City Council has determined that is in the best interest of the City of Saint Paul, Minnesota (the “City”) and its residents to approve the Special Law;
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Saint Paul, Minnesota (the “Council”) as follows:
1. The Special Law is hereby approved.
2. City staff are hereby authorized and instructed to submit the appropriate certificate and a copy of this Resolution to the Secretary of State of the State of Minnesota.