HomeMy WebLinkAbout10.04.94 Work Session Minutes
MINUTES
COUNCIL MEETING
SPECIAL - WORKSHOP
OCTOBER 4, 1994
1. Mayor Kuchera called the meeting to order at 7:00 P.M..
Members Present: Kuchera, Ristow, Orr, Rotty.
Members Absent: Galler. (Arrived at 7:20 P.M.)
Also Present: Administrator Thompson, Attorney Grannis, Finance
Director Henneke, Planner Tooker, Financial Consultant
Shannon, ISD Board Member Browniwell, ISD Superintendent Hanauer, ISD
Business Manager Beltz, HRA Executive Director Henricks, Dick Krier of
James R. Hill, Inc, Carolyn Drude of Ehlers and Associates, Rod Hardy
of Sienna Corporation, Mike Falk (consultant).
2. Administrator Thompson presented an overview of the project noting
the topics to be discussed: East Farmington project, prairie
Waterway, TIF, TH 3 access, and Southeast Sanitary Sewer.
3. Jerry Shannon presented an overview of the proposed TIF plan
noting:
a. mechanics of TIF,
b. project area and TIF District,
c. cost of project (construction and additional costs)
d. 8 year phased project - 55 single family and 20 multi family units
per year on average.
e. "But for" test - cost of lot preparation exceeds sale price of
lots.
(Councilmernber Galler arrived at 7:20 P.M..)
f. TIF to be used for offsetting costs over and above lot sale price
and debt service on prairie Waterway and associated costs.
g. debt service and administrative costs receive TIF first.
4. The following questions/concerns/comments were raised:
a. The School representatives indicated the TIF District would have
minimal impact on property tax rates, but the major concern was
debt limits.
b. A concern was raised regarding shrinking State revenues and how
future aids may be affected by the TIF.
c. How the State would perceive a housing TIF.
d. Keeping the term of the TIF at a minimum.
e. General consensus was that it was good that the various parties
got together to discuss this matter.
5. Administrator Thompson presented an overview of the PUD agreement.
Council Minutes - 10/4/94 - Special - Page 2
6. Planner Tooker updated the Council on the TH 3 access permits and
changes along the frontage roads and crossings.
7. Planner Tooker presented an update on the status of the permits,
noting the only remaining permit approval was the MPCA 401.
8. A discussion followed regarding the timing of the PUD amendment,
plat approval and TIF approval. Staff was directed to research the
legal requirements.
9. The timing of rezoning and approval of TIF was discussed. It was
agreed the rezoning issue should not be held off until after the TIF
approval. The Planning Commission needs to approve the updated
preliminary plat and the PUD revision.
10. It was agreed that a second workshop to discuss East Farmington
and the prairie Waterway is needed. Councilmembers will be called to
establish a date for the workshop.
11. MOTION by Galler, second by Rotty to adjourn at 9:35 P.M.. APIF,
MOTION CARRIED.
Submitted by,
Submitted by,
Larry Thompson
City Administrator
Wayne Henneke
Finance Director
Approved