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08-26-2024 - Council Meeting Minutes
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08-26-2024 - Council Meeting Minutes
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9/13/2024 10:24:14 AM
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City Council
Council Document Type
Council Minutes
Meeting Date
08/26/2024
Council Meeting Type
Regular
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Council Minutes -4- <br />Volunteer Service Award Presentation <br />The Public Safety Director presented a 20-year Volunteer Service Award to residents Karen and <br />Lyle Bye. He thanked them for their kind acts of service to our City's Police Officers and <br />Firefighters over the past 20 years. <br />1. CONSENT AGENDA <br />Mayor Rafferty requested to table the approval of the August 5, 2024 Work Session minutes <br />He requested that they be amended to strike the line regarding the Center for Value -Based <br />Initiatives under Item #6 Public Safety Consultant Committee Recommendations. <br />Motion to Approve Consent Agenda Items #1A through 1D and Item 1F; furthermore, to table <br />Item #1E "Consider Approval of August 5, 2024 Work Session Minutes". <br />RESULT: <br />CARRIED [UNANIMOUS] <br />MOVER: <br />Ruhland <br />SECONDER: <br />Stoesz <br />AYES: <br />Rafferty, Cavegn, Lyden, Ruhland and Stoesz <br />2. FINANCE DEPARTMENT REPORT <br />The Finance Director reported that Tax Increment Financing District 1-12 was created for the <br />Clearwater Creek Business Park Project on March 24, 2017, and is required to be decertified by <br />December 31, 2026. The TIF PAYGO Note issued to Distribution Alternatives on November 22, <br />2017, has been paid in full in the amount of $1,200,000 as of August 1, 2024. With all <br />obligations of the district satisfied, the district should be decertified to allow the affected <br />parcels to be added back to the tax base benefitting all local taxing jurisdictions. <br />The Finance Director stated that staff recommends approving Resolution No. 24-110, <br />Decertifying Tax Increment Financing District 1-12. <br />Motion to adopt Resolution No. 24-110, Decertifying Tax Increment Financing District 1-12. <br />RESULT: <br />CARRIED [UNANIMOUS] <br />MOVER: <br />Lyden <br />SECONDER: <br />Stoesz <br />AYES: <br />Rafferty, Cavegn, Lyden, Ruhland and Stoesz <br />
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