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COUNCIL MINUTES <br />July 25, 2016 <br />APPROVED <br />136 <br />137 Julie Eddington added, regarding tax increment legislation, that there is a recommendation that the <br />138 pooling limit be considered on an annual basis only but that was not approved by the legislature; it may <br />139 be coming up soon at a special session however. The mayor asked if one hundred percent of the <br />140 increment could be granted to the project if that was desired by the city and Ms. Eddington concurred <br />141 that the twenty percent for pooling is flexible for either projector city (project related). Pooled funds <br />142 that aren't used go into redistribution to all the impacted taxing districts. <br />143 <br />144 The mayor noted that the council discussed postponing some actions at the work session; the public <br />145 hearing has been advertised however and will be opened. <br />146 <br />147 Mayor Reinert opened the public hearing. There being no one present wishing to speak, the public <br />148 hearing was closed. <br />149 <br />150 Regarding Resolution 16-75, Council Member Kusterman moved to approve the resolution as presented. <br />151 Council Member Manthey seconded the motion. It was clarified that the council maintains the right to <br />152 decertify the district prior to fully authorized period. Council Member Kusterman commended staff on a <br />153 good presentation/explanation and he clearly sees that "but -for" this tax increment plan, the proposed <br />154 development wouldn't occur here in the City so it makes sense to bring this business into Lino Lakes. <br />155 Mayor Reinert concurred that "but -for" the development occuring, the additional tax base wouldn't be <br />156 created. The mayor noted the presence of the Target/Kohl's development in the city that utilized a <br />157 similar financing plan. Council Member Kusterman noted that there are no negative comments being <br />158 received through the public hearing process. Council Member Rafferty also commended staff on the <br />159 presentation clarifying the finer points of the request. <br />160 <br />161 Motion carried on a voice vote. <br />162 <br />163 ii. Consider First Reading of Ordinance No. 0746, Rezoning Certain Real Property from LI, <br />164 Light Industrial to PUD, Planned Unit Development <br />165 ill. Consider Resolution No. 1646, Approving Development Stage Plan and Preliminary Plat, <br />166 Clearwater Creek Business Park <br />167 <br />168 Community Development Director Grochala introduced Kendra Lindahl, Landform, who has been <br />169 assisting the city on this project. Ms. Lindahl reviewed a PowerPoint presentation providing information <br />170 on the proposed project: <br />171 - Rezoning of property; <br />172 - What currently exists on the property; <br />173 - The existing AUAR (the proposal is consistent); <br />174 - A review of the preliminary plat; <br />175 - Transportation plans included in the project, including developer responsibilities; <br />176 - The site plan including access points, floodplain and wetland impacts and mitigation plans <br />177 (currently under review by the Rice Creek Watershed District); <br />178 - The request to consider outside storage is not allowed; <br />179 - A view of proposed screening and landscaping for the project; <br />180 - A view of elevations and location of mechanicals; <br />0 <br />