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i <br /> City Council A inutes Page 4 <br /> September 3,2013 <br /> i ----------------------------- <br /> Moved by Councilmember Motin and seconded by Councilmember <br /> Westgaard to adopt resolution 13-52 authorizing an interfund loan for advance <br /> of certain costs in connection with Tax Increment Financing District No. 23. <br /> Motion carried 5-0. <br /> Moved by Councilmember Wilson and seconded by Councilmember Burandt <br /> to adopt resolution 13-53 approving the modification of the development <br /> program for a Development District No. 1, establishing a tax increment <br /> financing district, approving a tax increment financing plan therefor and <br /> authorizing the execution of a development agreement. Motion carried 5-0. <br /> Moved by Councilmember Motin and seconded by Councilmember Wilson to <br /> approve the forgivable loan program loan agreement, the mortgage and <br /> assignment of rents and security agreement and fixture financing statement, <br /> and loan security agreement. Motion carried 5-0. <br /> Moved by Councilmember Westgaard and seconded by Councilmember <br /> Wilson to approve the purchase agreement for wetland banking credits. <br /> Motion carried 5-0. <br /> 8.1 2014 Tax Levies and Set Budget Meeting Date <br /> Mr. Simon presented the staff report. He stated the Net Tax Capacity is expected to <br /> increase by .66%. He further noted the budget meeting will need to change from the <br /> date outlined in the staff report due to the county setting their budget meeting at <br /> 6:00 p.m. on the same evening. <br /> Moved by Councilmember Westgaard and seconded by Councilmember <br /> Burandt to adopt Resolution 13-54 authorizing the proposed property tax levy <br /> for collection in 2014. Motion carried 5-0. <br /> Moved by Councilmember Wilson and seconded by Councilmember Motin to <br /> adopt Resolution 13-55 approving the Housing and Redevelopment Authority <br /> Tax Levy. Motion carried 5-0. <br /> Moved by Councilmember Westgaard and seconded by Councilmember <br /> Burandt to adopt Resolution 13-56 approving the 2014 tax levy for Economic <br /> Development purposes for the Elk River Economic Development Authority. <br /> Motion carried 5-0. <br /> Moved by Councilmember Motin and seconded by Councilmember <br /> Westgaard to set the public comment budget meeting for 7:00 p.m., <br /> December 2, 2013. Motion carried 5-0. <br /> NAVURE <br />