HomeMy WebLinkAboutResolution No. 481-17 - ApproveREDA.ExecutionofTaxIncrementPledgeAgreement
RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City does
hereby approve the action taken by the Rochester Economic Development Authority on October
16, 2017, to authorize the execution of a Tax Increment Pledge agreement supporting City of
Rochester 2017B Bonds.
The Mayor and City Clerk are authorized to execute any documents required in order to
implement this resolution.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2017.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2017.
________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res15\\Approve\\EDA Action2