02/26/1990 Council Minutes - Laserfiche WebLink

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COUNCIL MEETING FEBRUARY 26, 1990 TIF is of vital interest to Lino Lakes. Council Member Reinert asked that letters be sent to Senator Dahl and Representative Quinn from the City Administration reminding them of our concern and need for TIF. Mayor Bisel told the Council that Mr. Schumacher and Mr. Tesch did go to the State Capital and net with Senator Dahl. Senator Dahl told them he was leaning toward voting against any proposal that would change the current TIF law. On a roll call vote, motion carried unanimously. Resolution No. 04 - 90 can be found at the end of these minutes. ENGINEER'S REPORT - DARRELL SCHNEIDER /DAN BOXRUD Consideration of Cooperative Agreement Regarding Highway #49 /County Road #23 Intersection Realignment - Mr. Boxrud explained that a plan for the realignment of this intersection has been developed and has been submitted to MnDOT and Anoka Highway Department for their input. Construction is planned for 1991 and several things must happen for this to occur. First Lino Lakes must decide if concrete curb and gutter is wanted for the area. A cooperative agreement with MnDOT and Anoka County for the improvement must be developed and a means of financing the City's share of the improvement must also be decided. Lino Lakes must decide whether or not to be the lead agency in this improvement. Mr. Boxrud explained that Lino Lakes would have better control over the improvement if Lino Lakes took the lead control of the process. The means of financing should also be discussed. Financing could be through assessments to the benefited property owners, tax increment financing or the use of MUSA fund off the MSA system on the County and State system. Mr. Boxrud showed the Council a map of the improvement. He noted that Highway #49 would be realigned with North Road and traffic signals would be installed at that location. He explained that it has not been decided if there will be four lanes of traffic approaching the signal lights or just two lanes. Mayor Bisel asked how much this improvement would cost Lino Lakes. Mr. Boxrud said he did not have dollar figures, but explained that Lino Lakes would have to share in the curb and gutter costs and possibly some of the costs of the turn lanes. Mr. Boxrud explained that almost all of the right -of -way is there and there should not be much of a problem obtaining the small amount of right -of -way still needed. Mr. Miller explained that the developer of Rice Lake Plaza has hired