07/09/2001 Council Packet - Laserfiche WebLink

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• • CITY COUNCIL WORK SESSION JUNE 19, 2001 Mr. Fefercorn added that he cannot stress enough the need for a commitment from the YMCA. Economic Development Assistant Divine advised meetings have been held with the YMCA. Preliminary concepts should be available in 3 -4 weeks. This item will appear on the regular Council agenda Monday, June 25, 2001, 6:30 p.m. Lino Lakes Marketplace EAW, Jeff Smyser — City Planner Smyser advised the EAW was distributed. The City has received one request for a copy. The deadline for public comment is 30 days after it was published. Council Member O'Donnell asked when the decision will be made regarding an EIS. City Planner Smyser advised the City should make decision about an EIS 30 days after the public comment period closed. Additional time can be reques Mayor Bergeson stated the Council will want a staff reco Tax Abatement & Business Subsidy Policies, Al Rol advised the City has begun the process to initiate tax ab City has to develop policies for business subsidy an participation in the tax abatement from the F At this time, the Forest Lake School Distric Task Force will address the issue of partL arding an EIS. Director Rolek eme' `or City projects. The batement. The City did request e Sc`` ool District and the County. want to participate. The County ax abatement on July 11, 2001. Economic Development Assistan uted and reviewed a draft copy of the Lino Lakes Business Subsidy P oti it is only a draft and will be revised. Mr. Jerry Shannon and M `'. a witt, Springsted, reviewed the Tax Abatement Policy City of Lino L es, nog he purpose of the policy is to establish the City of Lino Lakes position relatin • • of Tax Abatement for private development above and beyond the requirement : d limitations set forth by State Law. It was noted that the policy does include an a PO ication and scoring system. Council Member O'Donnell asked if tax abatement will be applicable to new businesses only. Finance Director Rolek advised tax abatement can also be used for existing businesses. Council Member Reinert asked if tax abatement or TIF is more beneficial to the City. Finance Director Rolek stated each project has to be evaluated individually. The City controls more dollars with the use of TIF. This item will appear on the regular Council agenda Monday, July 23, 2001, 6:30 p.m.