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04/18/2001 Council Minutes
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04/18/2001 Council Minutes
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City Council
Council Document Type
Council Minutes
Meeting Date
04/18/2001
Council Meeting Type
Work Session Regular
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CITY COUNCIL WORK SESSION APRIL 18, 2001 <br />standards were not broken down. However, the proposed design standards were included <br />in the construction costs. <br />Council Member O'Donnell asked for clarification regarding the "challenge" relating to <br />Quadrant 1. <br />Mr. Steinman advised Mr. and Mrs. Tagg own 28 acres in that area. There has been no <br />real negotiation of price for the property. <br />Council Member O'Donnell asked if it is realistic to expect to maintain the current tax <br />levy considering the additional City services that will be required due to the development. <br />Mr. Shannon advised he believes it is feasible to maintain the current tax levy due to <br />other development within the community. <br />Council Member O'Donnell asked if the additional three (3) ac ;s for YMCA will <br />have a significant effect of the feasibility of the projects. <br />Mr. Steinman advised the additional three (3) acres w <br />substantially because the City would have less land o <br />sts of the projects <br />Economic Development Director advised the �`r :a•nal t'ee (3) acres has already been <br />factored in. <br />Mayor Bergeson stated the Council a s een told that TIF is not available for <br />commercial development. <br />Mr. Shannon advised TIF i a for housing, redevelopment, or mitigating soil <br />corrections. TIF cannot <br />co ercial development anymore. <br />Mr. Steinman added t =,.is not what drives the TIF eligibility. <br />Mayor Bergeson asked a . ut the possibility of abatements with the County and School <br />District. <br />Mr. Shannon advised the use of abatement is relatively new. Approximately one-half of <br />the school districts are participating if the district has a direct benefit from the abatement. <br />Mr. Steinman added cities have had more success with the County being involved with <br />tax abatement. <br />Mayor Bergeson questioned the difference between the valuation of the north and south <br />end. <br />2 <br />
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