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MINUT~S <br />CITY COUNCIL <br />APRIL 23, 1997 <br />TAX CREDITS work scope detailing the improvements to be done at The Provinces. The <br />AdminisYrator recommended Yhat approval of tax credits for pominium be <br />tied to completion of the work to be done at The Provinces. <br />Armand Brachman, Dominium, repoited that all work listed in the work <br />scope would be completed within 60 to 90 days. <br />Morelan pointed out that the Sheriffls repoRS for the multi-family housing <br />complexes within the City shows that the calls for service at The <br />Provinces is abnormally high. Morelan was unsure whether there was a <br />correlation between calls for service and income levels. Morelan felt, <br />however, that The Provinces should be a market-rate property and efforts <br />should be made to increase per capita income levels at tl~is complex. <br />Scalze agreed and approval of tax credits over the 40% limit was a move <br />in the wrong direction. <br />Mr. Fahey introduced the following resolution and moved its adoption: <br />RF,.SOI, UTION NO. 97-4-95 - APPROVING TAa' CREDITS AT A <br />I,EVEI, OF 65% LOW TO MODERATE SL773JECT TO THE DETAILS <br />OUTI.INED IN THE APRIL, 21, Z9977.ETTER SI113MITTED I3Y <br />DOMIMUM, WITH TIIL' FUI2THEK UNDERb~If1NDING THAT <br />TKE SCOPE OF WORK SUI3MITTED I3Y UOMINIIIM POR THE <br />PLZOVINCEb' WI/,I,13F. COMPI,ETED IN ITS ENTIREI,YI3Y <br />AUGUST 1, 1997, AND 7FlAT TEIE FINAI. TRAN.SACTION WlTH <br />TI~E MINNESOTA FIO U,SING FINANCE ACENCY I3B I3ASED ON <br />THE DETAILS O UTLINED IN THE APRIL 21, 1997 LETTER FROM <br />DOMINIUM, AND THAT CITYSTAFF I3E A(ITHORIZED TO SEND <br />I.ET7'ERS TO MHFA OU~I,ININC ~FIE COUNCII,'S ACTION <br />The foregoing resolution was duly seconded by LaVatle. <br />Ayes (3) Fahey, LaV~lle, Pedersen. <br />Nays (2) Scalze, Morelan. Resolution declared adopted. <br />DEVELOPER Scalze asl<ed that the developer workshop meeYing scheduled through <br />WORKSHOP consent agenda action be changed from May 6`~' to May 5'~'. <br />Mr. LaValle introduced the f'ollowing resolution and moved its adoption: <br />RESOI,(ITIONNO. 97-4-9G - CHANGING 7HE WORK.SHOP <br />MEETINC TO REVIEW DEVEI OPMENT CONCEP'I'S FOR TFIE <br />RICE.S~TIZE~T/I,ITTI,E CANADA ROAD AREA TO MONDAY, MAY <br />~, 1997AT .i:30 P.M. AT 'l'HE CITY CENTEI2 <br />21 <br />