08/21/1996 Council Minutes - Laserfiche WebLink

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• • COUNCIL WORK SESSION AUGUST 21, 1996 Council noted that a mission statement had not been completed. Mr. Dunn explained that the Committee would prepare a mission statement when all members are appointed. He noted that an environmental inventory would be one of the first order of business. This matter is on the Monday evening Council agenda. TAX INCREMENT FINANCING SUMMARY, BRIAN WESSEL A chart of current TIF districts was displayed. These districts are now basically 10 years old. The City uses TIF to pay itself for improvements including street construction and sewer and water utility improvements. TIF has been a useful tool to generate commercial and industrial development within the City. When the ability to use TIF no longer exists, Lino Lakes will have to compete with other communities for these types of developments. One goal of these districts was to stay within a five (5) year payback period. Only one business, Mag -Con, Inc. at 6 1/2 years, exceeds that goal. Another goal of the TIF districts was to limit the benefit to no more than 15%. Northern W.7. at 16%, exceeds this goal. This exception was due to the upgrade of Ce Staff was asked why a Mennards or Fleet Farm develop Lakes. Staff explained that they feel the City has an noted that the big issue is that Anoka County c, and industrial development. DISCUSSION OF MUSA CRIT Staff presented a draft Int District Nos. 1, 4 and 6. will be coming be - the Staff is proposing Item No. 10 be rem the resolution of app >. val. ening in Lino o better. Staff also fiercely for new commercial rve Criteria plan and a map outlining Sewer of the plan is address development proposals that ncil before the Comprehensive Plan has been approved. the MUSA criteria by resolution and that Item No. 4 and d placed in a general statement, which would be included in Council Member Lyden proposed that three (3) items be added to the Criteria Plan; 1) that no additional MUSA be approved until 2003, 2) thee be specific criteria for balance between residential and commercial development, and 3) cluster development be included as land use in the Comprehensive Land Use Plan. Several questions about Council Member Lyden's proposals were raised. Staff was instructed to explore the three (3) proposals and prepare guidelines for Council to discuss at the Council meeting on Monday evening. Staff was also asked to expand on Item No. 12. Council also asked that Item No. 14 be defined using engineering criteria. Staff was also directed to get a legal opinion and Mr. Ahrens opinion on the revised Interim MUSA Reserve Criteria. PAGE 3