08/24/1998 Council Minutes (2) - Laserfiche WebLink

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COUNCIL MINUTES AUGUST 24, 1998 Consideration of Accepting a Quit Claim Deed, Feed Rite Controls, Inc., Brian Wessel - Mr. Wessel explained that when Apollo Drive was constructed to Lilac Street it cut through the Feed Rite Controls property, leaving a very small outlet on the southwest corner of Apollo Drive and Lilac Street. Feed Rite Controls indicated they would prefer to deed this over to the City rather than pay the taxes on it or let it go into tax forfeiture. The market value of the parcel is $2,100. Mr. Wessel stated Feed Rite has signed a quit claim deed. Upon acceptance of the parcel, the City will have to pay the taxes of $38.59 to have the parcel recorded. This parcel may be of interest to the City for an eventual entrance sign into Apollo Business Park or Lino Lakes Blacktop may be interested in acquiring it if it would benefit their property. Council Member Lyden moved to accept the Quit Claim Deed from Feed Rite Controls, Inc. and instruct the City Clerk to forward it to the City Attorney for recording. Council Member Dahl seconded the motion. Motion carried unanimously. Consideration of Execution of Quit Claim Deed for Transfer of City Owned Land to Anoka County, Brian Wessel - Mr. Wessel explained that as part of the land exchange with Anoka County to acquire the civic complex site, the City agreed to transfer a City -owned parcel along I - 35W to the County. This 10 acre site is not accessible and is of no use to the City. When the land is transferred to the County it will be included in the Rice Creek Regional Park. A Quit Claim Deed needs to be executed by the City to complete this agreement with the County. Council Member Bergeson moved to authorize the execution of a Quit Claim Deed and instruct the City Clerk to forward it to the City Attorney for recording. Council Member Lyden seconded the motion. Motion carried unanimously. Consideration of Contract with Ehlers & Associates, Brian Wessel - Mr. Wessel explained that this contract is for professional services to provide financial consulting in the area of Tax Increment Financing (TIF). Due to numerous changes in the area of TIF and TIF reporting, staff is recommending that Ehlers and Associates be hired. The have the capacity to provide direction regarding TIF planning and reporting procedures. The scope of services includes assistance with the maintenance of existing districts, preparation of cash flow and new TIF districts, and meeting state reporting laws. The cost for the services is an eligible administrative expense that comes out of TIF. Mr. Wessel referred to and summarized a memo which specifically listed the duties Ehlers and Associates will perform regarding TIF Management and TIF Recording. He stated this is a very complex and important aspect of City business. He feels the City should take advantage of the expertise of Ehlers and Associates for a short time until Council directs the City staff differently. Council Member Lyden asked if the City has ever been assessed any penalties such as ASNA. Mr. Wessel indicated he could not answer that question. He stated he believes if the City has 6