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City Council Minutes Page 4 <br />April 26, 2021 <br />----------------------------- <br />Short-term (2020-21) <br /> Commercial Development <br />o HRA Main/Gates Project <br /> Property ready for development <br /> Preparing RFP <br />o Ebert Joplin/Business Ave Project <br /> Ebert sold to Beaudry. <br />o Market EDA TH10 Property <br /> Multiple inquiries – discuss expectation? <br />o Monitor Downtown development <br /> Negotiating with ER Meats <br /> Considered Ecology <br /> HRA <br /> Great River Energy revenue replacement <br />o Monitor GRE property marketing. <br /> Site restoration in process <br /> Doesn’t look like they are selling plant area. <br /> October 2020 sale of Resource Processing facility to <br />Malark, Inc. <br /> Is replacement necessary? Citywide valuation increased <br />7% <br /> Withdrew added powerplant plan. <br /> Budget and sinking fund for building repair. <br />o Transition PW Facility bond to general levy <br /> Ongoing <br /> CARES Act removed large capital improvements. <br /> Sale of Activity Center removes capital needs. <br /> Demo of Lions Park Center removes capital needs. <br /> ER Ice Arena replacement removes capital needs. <br /> PS improvements removes capital needs. <br /> Closure of RDF Plant accelerated tipping fees. <br />o Move GRE Fund Balance to Building Fund <br /> Do we want this in other funds? Park Improvement, <br />Capital Replacement? <br /> Parks & Recreation Capital Plan – Funding <br />o LOST-funded projects <br />o Field/facility user fees shift. <br /> Activity Center Facility future <br /> Sale in progress <br /> Zoning & Acquisition of “challenged” properties policy discussion. <br /> Riverwalk under review, land use applications approved. <br /> Considering a property identification committee with PD, CD. <br /> Keep 2021 property tax rate flat. <br /> 2021 tax rate decreased over 2020. <br /> Complete Lion John Weicht Park (playground, disc golf, trail, lighting) <br /> FT Center Branding <br /> <br />