HRA RESO 25-03 - North Wirth District No 3 Decertification174303914v1
HOUSING AND REDEVELOPMENT AUTHORITY
OF THE CITY OF GOLDEN VALLEY, MINNESOTA
COUNTY OF HENNEPIN
STATE OF MINNESOTA
HRA RESOLUTION NO. 25-03
RESOLUTION APPROVING THE DECERTIFICATION OF
NORTH WIRTH TAX INCREMENT FINANCING DISTRICT
NO. 3
WHEREAS, the Housing and Redevelopment Authority of the City of Golden
Valley, Minnesota (the "Authority") has heretofore established the North Wirth Parkway
Redevelopment Plan (the "Redevelopment Project”) in the City of Golden Valley,
Minnesota (the “City”); and
WHEREAS, on July 6, 2004 the Authority and the City established the North Wirth
No. 3 Tax Increment Financing District, a soils condition district, (the “District”) within the
Redevelopment Project; and
WHEREAS, as of the date hereof obligations to which tax increment from the
District have been pledged have been paid in full or defeased; and
WHEREAS, the Authority desires by this resolution to cause the decertification of
the District, after which all property taxes generated by property within the District will be
distributed in the same manner as all other property taxes.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the
Housing and Redevelopment Authority of the City of Golden Valley, Minnesota that the
Authority’s staff shall take such action as is necessary to cause the County Auditor of
Hennepin County to decertify the District as a tax increment district and to no longer remit
tax increment from the District to the Authority.
Adopted by the Housing and Redevelopment Authority of the City of Golden Valley,
Minnesota this 7th day of October 2025.
Maurice Harris, HRA Chair
ATTEST:
Noah Schuchman, Executive Director
Docusign Envelope ID: 583F2487-B9CE-45E5-BF5C-CAF71542ED27