02-13-91 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL February 13, 1991 Financing may also be a possibility to assist such a project provided that the City's Local Government Aid and Homestead Credits are not effected. In putting together the RFP, the City Administrator asked the Council for the maximum number of units that they would support for a senior project adjacent to the existing senior housing in the City. The Administrator reported that one developer has indicated that a range of 75 to 85 units would be workable since tax credits would lessen the number of units needed to support a project. It was the consensus of the Council that 85 units would be acceptable, with Blesener indicating that 85 units were too many. Hanson felt that retail development in this particular area was overdone and more people were needed to support the retail. Mrs. Scalze introduced the following resolution and moved its adoption: RESOLUTION N0. 91-2-59 - AUTHORIZING APPLICATION FOR RAMSEY COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS AND INDICATING WILLINGNESS TO CREATE A TAX INCREMENT FINANCING DISTRICT IN SUPPORT OF THE APPLICATION The foregoing resolution was duly seconded by LaValle. Ayes (5) Scalze, LaValle, Collova, Hanson, Blesener. Nays (0). Resolution declared adopted. The Administrator reported that the County would be involved in the process, and that a copy of the request for proposal as well as letters of intent from the interested developers would be attached to the grant application. The County has indicated a willingness to work with the City. Joe Vitale asked who would be responsible for appraisals of the property. The City Administrator thought that the cost of appraisals would either be an eligible expense under the grant program, or the responsibility of the developer. RECESS At this point in the meeting, 9:05 P.M., Council took a short recess. The meeting was reconvened at 9:10 P.M. Page 13