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<br />e <br /> <br />e <br /> <br />e <br /> <br />Page 4 <br /> <br />Joint Meeting Minutes <br />March 28. 1988 <br /> <br />Attorney. Peter Beck. discussed with the City Council the status of the Tax <br />Increment Financing Legislation and indicated the likelihood of some type of <br />TIF law being approved. At this time. it is uncertain whether such <br />legislation would affect the Alltool TIF proposal. The City Council concurred <br />to move forward with TIF #5 for Alltool in spite of current legislation being <br />debated at the State level. <br /> <br />Additionally. the Council discussed the noncertification of TIF #4. In this <br />regard. it was the consensus of the City Council to have the City Attorney <br />take whatever action is deemed necessary to seek compliance from the County in <br />the certification of TIF #4. The same direction was given to the City <br />Attorney in terms of seeking payment for past due assessments from the County <br />for public improvement. <br /> <br />COUNCILMEMBER SCHULDT MOVED TO ADJOURN THE MEETING OF THE ELK RIVER CITY <br />COUNCIL. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />The meeting of the Elk River City Council adjourned at 10:10 p.m. <br /> <br />Respectfully submitted. <br /> <br />?a/t ~ <br /> <br />Patrick Klaers ~ <br />City Administrator <br />