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City of <br /> AGENDA ITEM #10.4 <br /> Pequot <br /> Lakes = - <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: November 3, 2015 <br /> Subject: TIF District 1-7 Babinski Decertification <br /> Report: The attached memorandum and resolution <br /> explains our request for the decertification of Tax <br /> Increment Financing District 1-7 - Babinski Project. This <br /> Project has been completed and all obligations in which the <br /> tax increment was pledged have been paid in full. <br /> Council Action Requested: Council motion adopting the <br /> attached resolution decertifying TIF District 1-7 - Babinski <br /> Project. <br />