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4.7. SR 02-18-2014
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4.7. SR 02-18-2014
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2/14/2014 11:13:20 AM
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Ells -Wft <br /> _ Request for Action <br /> River <br /> To Item Number <br /> City Council/Housing and Redevelopment Authority 2.1 <br /> Agenda Section Meeting Date Prepared by <br /> General Business November 412013 Brian Beeman,Director of Economic <br /> Development <br /> Item Description Reviewed by <br /> Discuss housing survey and develop housing TIF Jeremy Barnhart,Deputy Director, CODD <br /> scoring worksheet. Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Consider results of Springsted's housing survey. Determine Council and HRA's policy stance on <br /> affordable and senior housing. If stance is to support these types of programs, Council/HRA,with the <br /> help of Springsted will develop housing TIF objectives and criteria for a separate housing TIF scoring <br /> worksheet. <br /> Background/Discussion <br /> On October 21,2013 the City Council discussed the Blackhawk housing TIF project. The Council <br /> determined that a separate housing TIF should be developed in order to adequately and fairly evaluate <br /> housing TIF applications. Instead of setting a date for a Public Hearing for the Blackhawk TIF project, <br /> the Council directed staff to work with Springsted to determine the Council/HRA's policy on housing <br /> TIF's going forward and also to present example application scoring worksheets from other cities in <br /> order to develop objectives and criterion for Elk River's housing TIF applications. <br /> Springsted will be available to present the findings of the Council/HRA policy survey to the group and <br /> will also present examples from other cities. <br /> Financial Impact <br /> None <br /> Attachments <br /> ■ Springsted documents <br /> PRwER10 0 <br /> WfI <br /> R <br />
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