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COUNCIL MINUTES AUGUST 24, 1998 <br /> Consideration of Accepting a Quit Claim Deed, Feed Rite Controls,Inc.,Brian Wessel-Mr. u <br /> Wessel explained that when Apollo Drive was constructed to Lilac Street it cut through the Feed <br /> Rite Controls property, leaving a very small outlet on the southwest corner of Apollo Drive and <br /> Lilac Street. Feed Rite Controls indicated they would prefer to deed this over to the City rather <br /> than pay the taxes on it or let it go into tax forfeiture. The market value of the parcel is $2,100. <br /> Mr. Wessel stated Feed Rite has signed a quit claim deed. Upon acceptance of the parcel,the <br /> City will have to pay the taxes of$38.59 to have the parcel recorded. <br /> This parcel may be of interest to the City for an eventual entrance sign into Apollo Business Park <br /> or Lino Lakes Blacktop may be interested in acquiring it if it would benefit their property. <br /> Council Member Lyden moved to accept the Quit Claim Deed from Feed Rite Controls,Inc. and <br /> instruct the City Clerk to forward it to the City Attorney for recording. Council Member Dahl <br /> seconded the motion. Motion carried unanimously. <br /> Consideration of Execution of Quit Claim Deed for Transfer of City Owned Land to Anoka <br /> County,Brian Wessel-Mr. Wessel explained that as part of the land exchange with Anoka <br /> County to acquire the civic complex site,the City agreed to transfer a City-owned parcel along I- <br /> 35W to the County. This 10 acre site is not accessible and is of no use to the City. When the <br /> land is transferred to the County it will be included in the Rice Creek Regional Park. A Quit <br /> Claim Deed needs to be executed by the City to complete this agreement with the County. <br /> Council Member Bergeson moved to authorize the execution of a Quit Claim Deed and instruct <br /> the City Clerk to forward it to the City Attorney for recording. Council Member Lyden seconded <br /> the motion. Motion carried unanimously. <br /> Consideration of Contract with Ehlers & Associates, Brian Wessel-Mr. Wessel explained <br /> that this contract is for professional services to provide financial consulting in the area of Tax <br /> Increment Financing(TIF). Due to numerous changes in the area of TIF and TIF reporting, staff <br /> is recommending that Ehlers and Associates be hired. The have the capacity to provide direction <br /> regarding TIF planning and reporting procedures. The scope of services includes assistance with <br /> the maintenance of existing districts, preparation of cash flow and new TIF districts, and meeting <br /> state reporting laws. The cost for the services is an eligible administrative expense that comes <br /> out of TIF. <br /> Mr. Wessel referred to and summarized a memo which specifically listed the duties Ehlers and <br /> Associates will perform regarding TIF Management and TIF Recording. He stated this is a very <br /> complex and important aspect of City business. He feels the City should take advantage of the <br /> expertise of Ehlers and Associates for a short time until Council directs the City staff differently. <br /> Council Member Lyden asked if the City has ever been assessed any penalties such as ASNA. <br /> Mr. Wessel indicated he could not answer that question. He stated he believes if the City has <br /> 6 <br />