03-24-1997 EDA Minutes - Laserfiche WebLink

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RESOLUTION AUTHORIZING PREPARATION OF A MODIFIED PROGRAM FOR DEVELOPMENT DISTRICT NO. 1 AND TO ESTABLISH TIF DISTRICT NO. 1-8 Mr. Wessel explained to the intent to set up a Redevelopment District to be prepared for assistance if necessary on three pending developments. The developments included the old Gethsamene church site on Lake Drive/35W, the house owned by the city on Birch Street/49, and the 49 Club on 49/County Road J. Other parcels on the 49/J site were included and staff will investigate whether these sites qualify as a redevelopment district. EDA Member Bergeson asked if the clock would start running on the parcels. Mr. Batty explained it was a 25-year district, and the clock would begin running. Mr. Bergeson asked if other areas should be in the district, such as along Lake Drive. Mr. Batty explained that each non-contiguous piece must qualify on its own as a redevelopment district, and parcels could be added within the first five years. After that, a new TIF District could be established to include any parcels the city may want to include. EDA Member Kuether asked why the city would want to do this now. Mr. Wessel explained that 49/J was considered a door to the community. The 49 Club owner wants to rebuild the facility and needs city water to the site. The Birch Street/49 property will be owned by the city and potential developers may require assistance to get utilities to the site. He added that the owner of Apitz Garage had talked to the city about expanding onto that site, and potential users will be asked to submit a proposal. The church site in the Village is a way to provide Fairview Hospital some assistance if necessary. EDA Member Kuether noted that the city had said no TIF would be used in the Village. She said if it was used on one project, everyone else would expect it. Ms. Divine noted that only the church parcel qualified for redevelopment so all projects would not be eligible. EDA Member Lyden said he believed redevelopment was one of the best uses of TIF. Kuether noted that Forest Lake School District should be notified as well as Centennial. EDA Member Neal moved to approve the resolution. EDA Member Lyden seconded the motion. Motion passed unanimously. ADJOURNMENT EDA Member Bergeson moved to adjourn. EDA Member Neal seconded the motion. Motion passed unanimously. Meeting adjourned, 6:28 p.m.