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<br />e <br /> <br />e <br /> <br />e <br /> <br />Page 2 <br /> <br />City Council Minutes <br />November 10. 1988 <br /> <br />previous discussions on this topic. In very general terms. the review of <br />the 11/7/88 City Council meeting discussion included: 1.)the financial <br />data needed to justify the need for TIF; 2.)the need for background legal <br />information on the appropriateness' of creating a TIF District and <br />utilizing funds for at least partial payment of a boardwalk project; <br />3.)other financing methods for both the redevelopment of the hardware <br />store and the development of the boardwalk project; 4.)other needs within <br />the Central Business District including parking; 5.)the priority and <br />timing of completing a boardwalk project; 6.)Central Business District <br />support and public support for such a boardwalk project; and 7.)overall <br />City goals for the Central Business District. <br /> <br />The boardwalk master plan is scheduled to be completed by Braurer & <br />Associates. Ltd.. sometime in the first week of December. This <br />information along with financial data on the hardware project should be <br />able to be provided to the City Council at the 12/5/88 City <br />Council meeting. As important information becomes available before this <br />12/5/88 meeting. it will be distributed to the City Council for timely <br />rev iew . <br /> <br />5. <br /> <br />Other Business <br /> <br />6. <br /> <br />Adj ournment <br /> <br />There being no other business. COUNCILMEMBER HOLMGREN MOVED TO ADJOURN <br />THE 11/10/88 CITY COUNCIL MEETING. COUNCILMEMBER DOBEL SECONDED THE <br />MOTION. THE MOTION CARRIED 4-0. <br /> <br />The meeting of the Elk River City Council adjourned at approximately 8:30 p.m. <br /> <br />R~ectfully submitted. <br /> <br />toe-/- <<I ClUJ) ~ <br /> <br />Pat Klaers <br />City Administrator <br />