11-22-1989 Council Agenda - Laserfiche WebLink

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MINUTES PLANNING COMMISSION November 9, 1989 that in order for TIF to be approved for the project, the developer must show that the property would not be developed without TIF. Bendel pointed out that the project will generate between 25 and 100 additional jobs in the City. These employees will be utilizing City restaurants and other businesses. Bendel pointed out that this is the fundamental purpose of TIF. Costa asked what the City has done for its taxpayers. Costa pointed out that the City recently took 30 acres of Industrial property off the tax rolls for park purposes. The City is also contemplating the development of a new Fire Station at a cost of approximately $1 million. Pedersen pointed out that the Commission's duty is to study the proposal and determine if it fits within the Comprehensive Plan. Financing of the project is not a matter that the Commission needs to address. Costa did not agree, feeling that the use of property in the City is a concern of the Planning Commission. Costa felt that the City should be increasing its tax base with new projects. Malsam felt that options should be taken for the property with the residential homes on Country Drive. Costa pointed out that the owners of the residential homes will have difficulty in selling their property unless the property owners get together and sell their properties to one developer. The City Planner pointed out that the property owners have this right. Costa was concerned that the property owners with the homes are penalized by the fact that they are making residential use of their property. The City Planner pointed out that the value of these properties is increased due to the fact that the property is zoned commercial. Costa stated that he thought the area was to develop as one project. Page 10