07-13-1998 CC MIN - Laserfiche WebLink

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City Council Minutes Page 3 July 13, 1998 response to the City's TIF District No. 19. Paul explained that when the developer's and city's TIF has been paid, the district will be decertified. Paul explained that by approving the resolution, the city is electing to make a "qualifying local contribution", rather than being penalized by the state through an LGA/HACA aid reduction. He also noted that city staff worked closely with the city attorney's office to establish the statutory findings to meet the requirements for establishing a redevelopment tax increment financing district. Mayor Duitsman opened the Public hearing. Paul Motin questioned whether or not the relocation costs were included in the public costs listed in the TIF plan. Paul Steinman indicated they were not. Peter Beck, City Attorney, noted that by adopting the resolution the city would have the authority to negotiate various costs. There being no fudher business, Mayor Duitsman closed the public hearing. COUNCILMEMBER FARBER MOVED APPROVAL OF RESOLUTION 98-81, MODIFYING DEVELOPMENT DISTRICT NO. 1 AND ADOPTING THE DEVELOPMENT PROGRAM THEREFOR; AND ESTABLISHING WITHIN DEVELOPMENT DISTRICT NO. 1, TAX INCREMENT FINANCING DISTRICT NO. 19 AND ADOPTING THE RELATED TAX INCREMENT FINANCING PLAN THEREFOR. COUNCILMEMBER DIETZ SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3.3. Consider Resolution Calling Public Hearinq for TIF District No. 20 - Supermats, Inc. Paul Steinman explained that Supermats, Inc. has requested the lot which the EDA owns in the Elk River Industrial Park to be provided at zero land cost for the development of an industrial building project. Supermats, Inc. has submitted a tax increment financing application to construct a 35,000-40,000 square foot building on the 2.39 acre site. Supermats, Inc. would relocate its current Elk River operation, as well as moving the Brooklyn Center operation, to the new building in order to combine its manufacturing, warehousing and distribution in one location. COUNCILMEMBER HOLMGREN MOVED APPROVAL OF RESOLUTION NO. 98-82, CALLING A PUBILC HEARING FOR TIF DISTRICT NO. 20 ON AUGUST 24, 1998, AT APPROXIMATELY 6 P.M. IN THE CITY COUNCIL CHAMBERS AT CITY HALL. COUNCILMEMBER DIETZ SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3.4. Park and Recreation Bond Referendum Update and Hiring an Aquatic Center Consultant City Administrator Pat Klaers indicated that three firms were interviewed by the Park & Rec Commission Pool Committee for an aquatic center consultant. The firm selected by the Committee and endorsed by the Park & Rec Commission is Burbach Aquatics of Platteville, Wisconsin. The main issues to be considered are site analysis, cost and design. COUNCILMEMBER HOI. MGREN MOVED APPROVAL FOR THE BURBACH AQUATICS FIRM TO DO PRE-REFERENDUM WORK FOR THE ELK RIVER AQUATICS CENTER PROPOSAL AT A PRICE NOT TO EXCEED $8,000, WITH FUNDING TO COME FROM THE COUNCIL CONTINGENCY FUND. COUNCILMEMBER FARBER SECONDED THE MOTION. THE MOTION CARRIED 4-0.