04/03/2002 Council Minutes - Laserfiche WebLink

Home Search

CITY COUNCIL WORK SESSION APRIL 3, 2002 Community Development Director Grochala stated the cost of the study is eligible for reimbursement if the district is established. Councilmember Carlson stated she would also like more information about the possibility of a district. She stated she is more comfortable with the idea of a district on the southern portion of the area and wants to hear comments from EDAC. She expressed concern regarding Schwann's not wanting to sell their property and the neighborhood to the north of Target. Councilmember Dahl stated the issue needs to be explored but she is concerned about the cost also. She stated again that she would like an updated list of TIF districts within the City and asked if the bank would be included in the district. Community Development Director Grochala stated the b • , ould not be included if a redevelopment district is developed. FIVE-YEAR FINANCIAL PLAN, AL ROLEK Finance Director Rolek distributed and reviewed in alai' ��'ft of the Five -Year Financial Plan Years 2002-2006 noting the assum A • n that were used to develop the Plan. He stated a public hearing will be held on May �, hich gives the City plenty of time to amend the Plan. The Plan was develoa used as a guideline only. Finance Director Rolek also reviewed rev e wig' and without levy limits. Councilmember O'Donnell asked if , Co cil will be asked to approve the Plan because there is a deficit in the Pl.. h. ,_ `to be addressed. Finance Director Rolek stated the Plan will have to be s ro b Council. Acting Mayor Reinert ambers to review the Plan and compile questions for staff. Finance Director Rolek also iviewed the Capital Improvement Plan that included infrastructure and street improvements, park and trail improvements and equipment replacement. He noted the park and trail improvements are based on the referendum being approved. Councilmember O'Donnell asked if the Plan is a rolling Plan. Finance Director Rolek stated the Plan is a rolling Plan and will be updated yearly. Resolution No. 02 — 24, Setting the Public Hearing for the Five -Year Financial Plan, will be on the regular Council agenda Monday, April 8, 2002, 6:30 p.m. HOLTE POND CONDEMNATION PROCESS UPDATE, JIM STUDENSKI 4