|
1,'ave,Iurgertsen Kati been named president
<br /> and chief"executive officer (CEO) of En- fur the past veal. With I+lana� t
<br /> entent 2, she llarie Mot has been mued controller
<br /> viroNet Inc.,a Spring Park-based asbestos will be re,pirnsiblc for the Community for Rainbow Development. She will be
<br /> abatement firm.Jorgensen replaces Gerald . 4 ^� Associations Institute and the lcienlarkcting responsible for directing the overall accoun-
<br /> Grewe,the fir n's former CEO,who has been Managers Association. ting operations,as well as forecasting future
<br /> assigned other duties. '- '. �-_A Spanier received a bachelor's degree in company projects and financing packages.
<br /> business management from Upper Iowa iMariene Brown has been named the
<br /> Michael Muske, president of ERA University in Fayette. He will handle finan- Iirnl's director of resident services. She will
<br /> Muske Co., Forest Lake, has been named cial accounts for all the associations nlanag- be responsible for coordinating and working
<br /> president of the'St. Paul Area Board of ed by Management 2. with seniors at all company managed
<br /> Realtors.Muske succeeds Deanna Wiener. Wendy Jo Dietz has been named an ac- Management 2 is a 10-year-old profes- developments to ensure a healthy activity and
<br /> Other 1989 officers are: Joy Pringle, an count executive with Management 2,a Twin sional nlanagenlent firm based in St. Louis lifestyle program.
<br /> agent with Realty World Glassman, who Cities-based professional management firm, Park.
<br /> had been named president-elect;Clare Lillis, and Terence U. Spanier has been named Clarkson Lindley is now engaged in the
<br /> an agent with Coldwell Banker(Shoreview director of finance. Loretta L.Seekins has been named direc- to practice of law with an emphasis on
<br /> office), treasurer; and Don Maietta, Dietz received a bachelor's degree in for of public relations for Rainbow Develop- real estate and municipal law,planning,zon-
<br /> managerofMerrill Lynch(Roseville office), management and human resources from the meat Co. She will be responsible for the ing and permitting.His office is in Wayzata.
<br /> secretary. University of Northern Iowa in Cedar Falls. marketing and advertising of all company
<br /> The 1989 officers begin their terms Jan. 1. She has served as an administrative assistant owned and managed developments,
<br /> laws seem quite adequate,but there is a need district were returned to the county tax rolls:' "Most of the early TIF that was collected
<br /> for ways to enforce the existing laws, and it Hennepin County favors changes in Minneapolis and in the first tiercitics was
<br /> would seem appropriate that the state Hennepin County Commissioner Jeff in the areas of greatest blight;' Spartz con-
<br /> fro7n page 1 auditor's office should be the enforcement Spartz also had many concerns dealing with tinued. "In the early years,the blight test was
<br /> agency involved"He stated that the auditor's TIF, "Much correcting remains to be done:' real and obvious. But times and the TIF law
<br /> Bonds are typically sold to cover such costs office would be a logical choice because it he said, because the 1988 legislation only have changed"
<br /> as property acquisition,relocation of existing would not likely be influenced by pro- dealt with seven or eight of more than 25 The Minnesota TIF law was greatly liber-
<br /> users,demolition of existing structures,site development agencies or groups. recommended changes. alized in 1979, Spartz said, when economic
<br /> preparation and infrastructure improvements. In addition, Barber said counties and According to Spartz, about 60 percent of development districts were permitted without
<br /> This public assistance helps to make finan- school districts should have the right to Veto the statc's TIF use occurs in I Iennepin Coun- a bliLht test. "The blight test was essentially
<br /> cially feasible projects that private developers proposed tax increment financing districts. ty. Another 23 percent occurs in the Twin replaced by this easy test: Will the develop-
<br /> wouldn't otherwise undertake. Then the Granite Falls has one of the highest percen- Cities metropolitan area,with the rest of the meat create jobs in the city or keep or
<br /> property taxes,or"increment;'paid during tages of tax increment per capita in Min- state accounting for only 17 percent. enhance the city tax base?" He added,"What
<br /> the TIF period (the city hopes) will permit nesota,according to Barber.The population Hennepin County TIF districts will receive development doesn't create jobs or enhance
<br /> recovery of the cost of inducing the ofthe city is about 3,000,and in 1988,the ci S81 million in tax dollars this year, Spartz the tax base'?
<br /> development. ty had a captured assessed value ol• said. In 1989, they will receive about $100 "The level playing field became tilted
<br /> The consensus of those testifying in favor $1,465,000,with the community development million, or about 81/ percent of'Hennepin again,and the cost of TIF subsidies became
<br /> of change�+rasgenerally favorable to TlF. But commission receiving 5154,000 in tax rncre County's tax base. Within five years,he said, more expensive as inter-city competition for
<br /> while they said 1988 TIF legislation was a nlent money. TIF collections of 5170 million per year are redevelopment and development grew:' he
<br /> step in the right direction, most added that "If limitations were to be placed on the projected• said.
<br /> many problems remain,especially the need amount of total captured assessed value, CltinL, these figures. Spartz said he has Spartz said Hennepin County recommends
<br /> liar stricter monitoring and enforcement of based on the population of an authority's area concluded that TIF has strayed from it, the following changes to TIF law:
<br /> TIF districts. of operation,it would bean incentive fir the original purpose of'conlbatinL severe blight • Tighten up the"but for"test,which Spartz
<br /> "My general reaction to the use of tax in- authority to retire the bonds issued and to in file core cities. said forms the sole justification and rationale
<br /> crenlent financing in Minnesota is that it is a return the tax increments from those projects "TIE started in California in the 1950s to for TIF.The test states that TIF is justified ied if
<br /> Good tool if used properly;'Granite Falls City to the county before undertaking a new pn'J generate local matching funds for federal ur- redevelopment could not occur without
<br /> Council Member Art Barber wrote in it let- ect,' Barber said. ban renewal projects:'he explained.lie said the subsidy, he explained. But, if develop-
<br /> ter read at thchearing by his daughter,Janice "For example he said, "if Granite Fails the objective of the subsidy was to give bad- ment and its beneitts would have occurred
<br /> Godwin."But,in our part of the state, it has had a total captured assessed value limit of ly blighted cities "a level oi'playing field" without the use of TIF, he said the "but for"
<br /> been overused and abused. 5500,000 and ifs they were already at that with other cities so they could attract test is not met and TIF is being abused.
<br /> "I believe the state of Minnesota should limit, no new districts could be established redevelopment where no activity would A significant number of TIF districts in the
<br /> definitely monitor the tax increment finan- until parcels representing an amount equal to otherwise take place.This became known as metro area don't meet the test, Spartz said.
<br /> ing districts,'Barber's letter continued."The the captured assessed value for the proposed the "blight criteria:' "The 1988 legislation did not tighten the test,'
<br />
|