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MINUTES <br />CITY COUNCIL <br />OCTOBER 27, 1999 <br />RESQI.UTION NO. 99-10-210 -ADOPTING THE ]3DSINESS <br />b'UBSIDY CRITERIA AS PRESENTED I3Y THE CITY'S FINANCIAI <br />CONSULTANT, AND SUI3MITTING THIS CffiTERIA TO THE <br />ECONOMIC DEVEI,OPMENT AUTHORITY FOR APPROVAI. <br />The foregoing resolution was duly seconded by Scalze. <br />Ayes (5) Morelan, Scalze, Pedersen, LaValle, Fahey. <br />Nays (0). Resolution declared adopted. <br />CLOSE TIF Rusty Fifield reported that he will present to the Council at a future <br />DISTRICTS meeting the documents necessary to terminate TIF District 1-1 (Thunder <br />1-1 AND t-2 Bay) and District I-2 (North Star Tur~. In closing these districts the City <br />will comply with State Statutes to decertify and will end its ability to <br />collect TIF in these districts. The City will also remove from the district <br />any funds remaining which it is legally authorized to do. Fifield reported <br />that there is some additional work that must be done to reallocate dollars <br />and verify that everything has been done in compliance with State Law. <br />Fifield estimated that he would present this matter for formal action to the <br />Council at its November 10`~' meeting. <br />Scalze asked about funds being returned to the County. Fifield reported <br />that TIF Plans provide for how increment dollars can be spent. The City's <br />goal would be to use excess increment as authorized by the TIF Plan. <br />However, any remaining fiznds would have to be returned to the County. <br />PORTER The City Administrator presented the Council with an amendment to the <br />HOUSE - City's liquor ordinance that would provide for the issuance of an on-sale <br />LIQUOR intoxicating liquor license and a Sunday liquor license to The Porter <br />LICENSE House Steak and Seafood Grill to be located at 235 Little Canada Road. <br />Mr. Morelan introduced the following ordinance and moved its adoption <br />ORDINANCE NO. 496 - AMENDING SECTION 701.OI0. (g), <br />SECTIDN 703.030. (1), SECTION 703. 030. (2), SECTION 703.030. (3), <br />AND SECTION 703. 030. (4) OF THE LITTLE CANADA MUNICIPAI. <br />CODE RE7,ATINC TO I.IQUOR I.ICEN.SES <br />The foregoing ordinance was duly seconded by LaValle. <br />Ayes (5) Morelan, LaValle, Pedersen, Scalze, Fahey. <br />Nays (0). Ordinance declared adopted. <br />13 <br />