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tiiINUTES <br />CITY COUNCIL <br />NOVEiVIBER 23, 3001 <br />timely basis. The Planner indicated that the next step would be to call for a <br />public hearing to consider an amendment [o the Zoning Code. <br />Vir. Fahey introduced the following resolution and moved its adop[ion: <br />RESOL UTION iVO. 2081-11-270 -CALLING FOR A PUBLIC HE,4RING <br />TO CONSIDER ArYlENDING THE ZONING CODE RELATIVE TO <br />TE.VIPORARY SIGNS <br />The foregoing resolution was duly seconded by LaValle. <br />Ayes (5) Fahey, LaValle, ivlontour, Anderson, Scalze. <br />Nays (0). Resolution declared adopted. <br />INDUSTRIAL The Council reviewed the City Planner's report relative to the status of the <br />AREA industrial area moratorium study that is being conducted by the Planning <br />MORATORIUM Commission. The Planner indicated that this issue will be discussed again <br />STUDY by the Commission at its December meeting, and he will present them with <br />more formal recommendations at that time. <br />Scalze noted that there was no discussion about officeishowroom uses. The <br />City Planner indicated that consideration is being given to creating a new <br />zoning district that would allow for a limited intensity of industrial uses. The <br />Planner indicated that after additional discussions by the Planning Commission <br />at their December meeting, it is likely that they will recommend the Council <br />call for a public hearing in January. The City Administrator noted that it will <br />be necessary to extend the moratorium at that time. <br />DEBT LEVY Mr. Tom Duray, chair of the Debt Levy Reduction Committee, appeared <br />REDUCTION before the Council to present the Committee's recommendation relative <br />COMMITTEE to the reduction of debt levv funds available for ?002 and into the future. <br />REPORT Duray reported on the history of the Committee that was established in 1999. <br />At that time the City decided that a proactive planning approach was needed <br />regarding the use of debt levy tunds available in the years ?000 and beyond. <br />Thus the Committee was formed and over the course of several meetings, it <br />developed a strategy for the use of these funds. That strategy called for the <br />prioritization of the use of these funds as follows: <br />Tax stabilization. <br />Tax reduction. <br />Capital improvement funding. <br />Duray reported that the Committee was reconvened in ?001 in order to review <br />its original recommendations and to make any modifications deemed <br />Page 19 <br />