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MINUTES <br />PLANNING COMMISSION <br />February 8, 1990 <br />TIF <br />DEVELOPMENT <br />DISTRICT <br />NO. 2 <br />Garske recommended that the Council consider revising <br />the City's Sign Ordinance to give developers the <br />flexibility of deciding how a second pylon sign, if <br />allowed, would be used. <br />Motion seconded by Pedersen. <br />Motion carried 5 - 2. Garske, Pedersen, Costa, Bendel, <br />and Drabik voted in favor, while Herkenhoff and <br />DeLonais voted against. <br />Debbie Grams, Business Development Services, appeared <br />before the Commission and reported that her firm has <br />been working on the redevelopment of the Country Drive <br />area. Grams reported that the City Council has <br />scheduled a public hearing for February 14th to <br />consider adoption of a Modified Development Program for <br />Development District No. 2, creation of Tax Increment <br />Financing District No. 2 -1 and adoption of a Tax <br />Increment Financing Plan relating thereto for the <br />Country Drive area. As part of the statutory <br />requirements, the Planning Commission needs to review <br />the plan and its purpose and determine whether or not <br />the project is in compliance with the Comprehensive <br />Plan. <br />DeLonais questioned the boundaries of the TIF District. <br />The City Planner replied that the map before the <br />Commission shows the boundaries of the entire <br />development district. The Planner stated that the <br />charge of the Commission is to make a finding of fact <br />that the project is in compliance with the <br />Comprehensive Plan. <br />Costa questioned why this particular project needed TIF <br />assistance to make it work. <br />The Planner replied that according to the developer, he <br />would not build the project in this location without <br />TIF since it would not be economically feasible to do <br />so given the price of the land. <br />Grams stated that the acquisition costs involved in the <br />project are not competitive with other projects given <br />the cost of the land plus demolition costs. <br />Costa stated that he felt the property was developable <br />without the assistance of TIF. Costa felt the problem <br />was the developer was paying too much for the land. <br />Page 11 <br />