03/26/1990 Council Minutes (2) - Laserfiche WebLink

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COUNCIL MEETING MARCH 26, 1990 time on this matter and generally explained the need for the conditional use permit and variance. He noted that the adjacent property owners are very concerned about the matter. Mr. Miller asked that the Council be sure to read their minutes and bring all of their concerns and questions to him prior to the public hearing. Mr. Hawkins told the Council that when making a decision on this matter, they must be sure and state all of the findings of fact. Mr. Miller explained that the Design Review Board has prepared findings of fact for their denial and this information will be in their packet. PUBLIC HEARING - TAX INCREMENT DISTRICT NO. 1 - 4 Mayor Bisel opened the public hearing at 7:35 P.M. Mr. Schumacher briefly explained that the purpose of the public hearing is to establish tax increment financing District No. 1 -4 as outlined on a map included in the Council packets. The District includes four proposed development areas: manufactures mall, Rice Lake Plaza, Inside Sports and a residential area west of St. Joseph's Catholic Church and north of Elm Street. Mr. Schumacher noted that the State legislature is currently in session and they are considering several proposals that would eliminate or at least greatly reduce the use of tax increment financing. The purpose of creating this district at this time is to preserve the rights this City has under the current laws. Mr. Ron Batty of Holmes & Graven Chartered has been working with Mr. Miller in preparing this TIF District and was in the audience to answer any questions. Council Member Neal asked if the residential area west of St. Joseph's Catholic Church is proposed for single family residential. Mr. Schumacher explained that currently a couple different proposals are being considered. No decisions have been made. Council Member Neal noted that senior housing has been proposed for that parcel. Council Member Kuether noted that three of the four parcels are commercial lands. She asked why the residential parcel was included. Mr. Schumacher explained that this parcel has been considered for development for some time and the intent to include it was to protect the parcel should TIF be needed for its development. Mr. Batty noted that this is the third year that the legislature has considered revision of the TIF laws and there is every possibility that there will be some changes. He noted that even though District No. 1 -4 is created, the Council has not committed any form of assistance on these parcels. It allows the opportunity for the City to offer assistance.