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MDF TTES <br />CITY COUNCIL. <br />APRIL 23,1997 <br />TAX.CREDITS work scope detailing the improvements to be done at The Provinces. The <br />Administrator recommended that approval of tax credits for Dominium be <br />tied to completion of the work to be done at The Provinces. <br />Armand Brachman, Dominium, reported that all work listed in the work <br />scope would be completed within 60 to 90 days. <br />Morelan pointed out that the Sheriff's reports 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 atthis complex. <br />ScaI7e agreed and approval of tax credits over the 40% limit was a move <br />lathe wrong direction. <br />Mr_Fahey introduced the following resolution and moved its. adoption: <br />RESOLUTION NO. 97-4-95 — APPROVING TAX CREDITS ATA <br />LEVEL_ OF 65% LOW TO MODERATE SUBJECT TO THEDETAILS' <br />OUTLINED IN THE APRIL 21, 1997 LETTER SUBMITTED BY <br />DOMINIUM, WITHTHEFURTHER UNDERSTANDING 11iAT <br />-2HE SCOPE OF WORK SUBMITTED BYDOMINIUMFOR THE <br />PROVINCES WILL. BECOMPLETED IN ITS ENTIRELY BY <br />AUGUST 1, 1997, AND THAT THE FINAL TRANSACTION WITH <br />THE MINNESOTA HOUSING FINANCE AGENCY BE BASED ON <br />Tilt DETAILS OUTLINED IN THE APRIL 21, 1997LETTER FROM <br />DOMINIUM, AND THAT CITYSTAFF BE AUTHORIZED TO SEND <br />LETTERS TO MHFA OUTLINING THE COUNCIL'S ACTION <br />The foregoing resolution was duly seconded by LaValle. <br />Ayes (3) Fahey, LaValle, Pedersen. <br />Nays (2) Scalze, Morelan. Resolution declared adopted. <br />DEVELOPER Soa17e asked that the developer workshop meeting scheduled through <br />WORKSHOP consent agenda action be changed from May 6th to May 5ih. <br />Mr. LaValle introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 97 -4-96 — CHANGING THE WORKSHOP <br />MEETING TO REVIEW DEVELOPMENT CONCEPTS FOR THE <br />RICE STREET/LITTLE CANADA ROAD AREA TO MONDAY, MAY <br />5,1997 AT 5:30 P.M. AT THE CITY CENTER <br />"1 <br />Page 55 <br />