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MINUTES <br />CITY COUNCIL <br />JUNE 12, 1990 <br />substantiates the needs for this many units. However, <br />Scalze pointed out that legislative changes have <br />provided that the amount of TIF assistance the City <br />grants may reduce local government aids. Scalze stated <br />that she did not know if she would be willing to <br />approve TIF assistance if it will reduce the City's <br />local government aids. <br />Brachman stated that he shares Scalze's concerns, but <br />suggested that the issue of TIF be researched. <br />Brachman thought there may be a way to utilize a form <br />of TIF that would not take away from the City's balance <br />of aids. <br />Fahey agreed that the City could not afford to have its <br />local government aids reduced. <br />The City Administrator reported that the limitations on <br />a housing district may not be as severe as for an <br />economic development district. The Administrator <br />thought that in a housing district reductions in local <br />government aids were phased in and may not begin until <br />a few years after completion of the project. The <br />Administrator suggested that it may be possible to <br />structure the assistance to avoid the aid reduction, <br />and felt the issue was worth lookinq at. <br />Blesener pointed out that the study area used in the <br />market analysis was quite large and pointed out that <br />based on total population amounts, Little Canada only <br />comprised 7.2% of the study area. Blesener questioned <br />how Little Canada residents could be given preference <br />for occupancy in the senior housing being proposed when <br />the City only comprises such a small portion of the <br />study area. Blesener also questioned how much TIF <br />assistance the City should provide when the figures <br />indicate that Little Canada residents will probably <br />only occupy 5 or 6 of the apartment units. <br />Brachman replied that the marketing efforts for the <br />project will be focused in Little Canada. However, <br />Brachman reported that it will not be possible to limit <br />occupancy of the building to Little Canada residents. <br />Fahey pointed out that even though the Garden Terrace <br />project was well publicized within the City, only 10% <br />of its residents came from Little Canada. <br />Page 6 <br />