02-14-90 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL February 14, 1990 Increment Finance Plan relatinq thereto for the Country Drive redevelopment area, Fahey pointed out that the Planning Commission has found the redevelopment project to be in conformance with the City's Comprehensive Plan. Notices of tonight's hearing were sent to the County and various school districts as required by State Statute, and a response was received from the County. Fahey pointed out that establishment of the TIF district and development program are the final stage before the redevelopment project can proceed, Fahey asked if there was anyone present from the other local governing bodies that wished to address this issue. There was not. Fahey asked if there was anyone from the general public present wishing to address this issue. There was not. Upon motion by Scalze, seconded by LaValle, the public hearing was closed. Mrs. Scalze introduced the following resolution and moved its adoption: RESOLUTION NO. 89-2-67 - APPROVING THE ESTABLISHMENT OF DEVELOPMENT DISTRICT NO. 2 AND THE DEVELOPMENT PROGRAM RELATING THERETO, AND ESTABLISHING TAX INCREMENT FINANCING DISTRICT NO. 2-1 AND THE TAX INCREMENT FINANCING PLAN RELATING THERETO The foregoing resolution was duly seconded by LaValle. Ayes (4) Scalze, LaValle, Collova, Fahey. Nays (0). Resolution declared adopted. CENTERVILLE Pat Pelstring, Business Development Services, appeared ROAD AREA before the Council and reviewed his report dated February 7, 1990 regarding the Centerville Road area. Pelstring reported that there are two property owners in the area who have indicated a reluctance to develop their properties unless their sale price can be met. Pelstring suggested that he submit information on the area to developers to determine if there is any interest. If there are interested developers, Pelstring suggested that he meet with them, and then bring a report back to the Council and Economic Development Committee. Page 3