02-28-01 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL FEBRUARY 28, 2001 *APPROVAL OF EXEMPTION FROM GAMBLING PERMIT FOR FUNDRAISER TO BE HELD BY THE FORMER QUEENS OF THE WINTER CARNIVAL AT THE VENETIAN INN ON MARCH 25, 2001; The foregoing resolution was duly seconded by Montour. Ayes (4) LaValle, Montour, Anderson, Scalze. Nays (0). Resolution declared adopted. SIGNALS AT The City Administrator reported that the County has rebid the signal project RICE STREET/ for the intersection of Rice Street and South Owasso Blvd. The new bids OWASSO BLVD. result in a cost savings to the City of $2,600. The Administrator pointed out that the cost of this project is being shared between the County and the Cities of Roseville and Little Canada. Mr. LaValle introduced the following resolution and moved its adoption: RESOLUTION NO. 2001-4-52 -APPROVING THE ]SIDS FOR TRAFFIC SIGNALS AT RICE STREET AND OWASSO ELVD., AUTHORIZING THE PROJECT TO PROCEED WITH THE CITY'S SHARE OF THE COST TO COME FROM MSA FUNDS, AND AUTHORIZING THE MAYOR AND CITYADMINISTRATOR TO EXECUTE THE APPROPRIATE AGREEMENTS ON BEHALF OF THE CITY The foregoing resolution was duly seconded by Montour. Ayes (4) LaValle, Montour, Scalze, Anderson. Nays (0). Resolution declared adopted. TIF The City Administrator reviewed his report dated February 23, 2001 LEGISLATION relating to pending Tax Increment Financing legislation. The Administrator reported that Senate File 65 prohibiting new or modified TIF Districts does not appear as it will progress. However, Senate File 73 which requires that TIF Districts certified prior to May 1, 1990 could not longer modify their TIF plans after Apri130, 2001 would adversely effect completion of the City's Country Drive redevelopment efforts. Anderson asked the end date for the County Drive TIF District. The City Administrator reported that this is a redevelopment district, therefore, it has 25 years of collection. The district was certified in 1989 or 1990, and increment collection started two years after certification. Anderson pointed out that any adjustment of Senate File 73 would not extend the life of the Country Drive TIF district, it would just allow the City to continue its redevelopment program.