04-917r
91
HRA RESOLUTION NO. 917
RESOLUTION ADOPTING AND RATIFYING
THE CONCLUSIONS CONTAINED IN AUDITOR'S
LETTER DATED DECEMBER 23, 2003
WHEREAS, the Lyndale Hub and Nicollet ("LHN") tax increment district was
decertified on December 31,2002; and
WHEREAS, at decertification the reported district balance was $963,763; and
WHEREAS, the Authority sought comments from its auditor, HLB Tautges
Redpath, Ltd, ("Tautges") regarding the use of the remaining reported district balance; and
WHEREAS, by letter dated December 23,2003, Tautges rendered its conclusion
concerning the uses for which the district balance was available; and
WHEREAS, the Authority has fully reviewed the Tautges letter and is familiar with
the conclusions contained therein.
NOW THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the
Housing and Redevelopment Authority in and for the City of Richfield that the conclusions
contained in the Tautges letter dated December 23, 2003 are hereby adopted and ratified.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 15th day of March, 2004.
"'---\ <1
I < \1
~ y!(---
Thomas E. Harms, Chair
ATTEST:
/}V1~(12~
Kristal Stokes, Secretary