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<br />(. <br /> <br />. <br /> <br />\. <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 15 for Alltool in spite of current legislation being <br />debated at the State level. <br /> <br />Additionally, the Council discussed the noncertification of TIF 14. 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 14. 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 />Fa.;; ~aLi5 <br /> <br />Patrick Klaers ~ <br />City Administrator <br />