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HRA - 14-03 - 04-08 - rescinding resolution 06-03 - resolution revising the tax incremeent financing policy Resolution 14-3 April 8, 2014 Commissioner Harris introduced the following and moved its adoption: RESOLUTION RESCINDING RESOLUTION 06-03 RESOLUTION REVISING THE TAX INCREMENT FINANCING POLICY WHEREAS, the Housing and Redevelopment Authority (hereinafter "HRA") passed Resolution 06-03 on April 11, 2006; and WHEREAS, the policy language in Resolution 06-03 is no longer current and a new Resolution is needed containing an updated Tax Increment Policy and Application Form. NOW, THEREFORE, BE IT RESOLVED that Resolution 06-03 is hereby rescinded. � :�` ,,�--� Steven T Sc midgall, Chai ATTEST: � � Thomas D. Burt, E ec tive Director The motion for the adoption of the foregoing resolution was seconded by Commissioner Clausen and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Fonnest, Harris, Schmidgall and Snope; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Chair and his signature attested by the Executive Director.