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Item 8.5. <br />ver MEMORANDUM <br />TO: Mayor & City Council <br />FROM: Pat Klaers, City Admi i r r <br />DATE: April 17, 1995 <br />SUBJECT: Legislative Update <br />Attached for your review is a 4/10/951etter from State Senator Mark Ourada <br />regarding the Senate legislative bill that calls for a local government tax <br />freeze. Also attached is a League of Minnesota Cities article on this issue. I <br />would like to spend a minute with the City Council to discuss the <br />ramifications of this bill if it were to become law. <br />Also attached is a recent League of Minnesota Cities article on the TIF bills <br />being heard in the House and Senate. Likewise, I would like to briefly <br />• update the council on the status of pending legislation relating to TIF. <br />Both of these topics are anticipated to be agenda items for the next few <br />meetings for further updates. <br />• <br />13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />