Laserfiche WebLink
46 <br />47 <br />18 <br />49 <br />50 <br />51 <br />52 <br />53 <br />54 <br />55 <br />56 <br />57 <br />58 <br />59 <br />60 <br />61 <br />62 <br />63 <br />64 <br />65 <br />66 <br />67 <br />68 <br />69 <br />70 <br />71 <br />72 <br />73 <br />74 <br />75 <br />76 <br />77 <br />78 <br />79 <br />80 <br />81 <br />82 <br />83 <br />84 <br />85 <br />86 <br />87 <br />88 <br />89 <br />90 <br />COUNCIL MINUTES MARCH 13, 2006 <br />DRAFT <br />On -Sale Liquor License for Circle -Lex Lions and <br />Resolution No. 06-41, Authorizing Circle -Lex <br />Lions to Conduct Off -Site Gambling, in Conjunct-ion <br />With their Fundraising Dinner on April 22, 2006 at <br />St. Joseph Catholic Church, 171 Elm Street <br />Marshan Meadows: <br />Resolution No. 06 -46, Approving Development <br />Contract <br />Resolution No. 06 -30, Approving Final Plan and <br />Accepting Conservation Easement <br />Resolution No. 06 -48, Approving Development <br />Contract (Site Grading Only), Pine Glen <br />Resolution No. 06 -43, Approving Payment Request <br />No. 8 (Final) and Compensating Change Order No. 2, <br />Birch Street and Hodgson Road Improvements <br />Approved <br />Approved <br />Approved <br />Approved <br />Approved <br />Approval of February 13, 2006, City Council <br />Meeting Minutes Approved, as corrected <br />at 3/13/06 work session <br />FINANCE DEPARTMENT REPORT, AL ROLEK <br />Continuation of Public Hearing Regarding Tax Abatement in Connection with the YMCA <br />Project, Mary Alice Divine — Economic Development Coordinator Divine advised a public hearing <br />was opened on February 27, 2006 regarding consideration by the City Council to provide additional <br />tax abatement to the YMCA for the inclusion of a zero -depth leisure pool in the first phase of <br />construction. The hearing was continued to complete negotiations regarding the City's and the <br />YMCA's financial commitments and the YMCA's Residential Use Covenants. She reviewed the <br />amended agreement that supersedes the original development agreement and business subsidy <br />agreement with the YMCA that were approved on June 16, 2005. <br />Economic Development Coordinator Divine noted the source of revenue that will be allocated for the <br />City's additional $850,000 commitment would be tax abatement from the Tax Abatement District in <br />Legacy at Woods Edge. Based on developer assumptions of anticipated values and phasing of the <br />part of Woods Edge that is within the Tax Abatement District, a 15 -year abatement will generate in <br />the range of $2,406,845. The capacity is available to meet an obligation of $2,350,000. <br />Mr. John McCullen, Board of Directors YMCA, came forward and stated representatives from the <br />YMCA are present this evening to answer any questions. He noted the YMCA is very excited about <br />the project. <br />