04/20/2005 Council Minutes - Laserfiche WebLink

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CITY COUNCIL WORK SESSION APRIL 20, 2005 APPROVED • 1 Economic Development Coordinator Divine stated costs of acquiring both sites make the 2 project economically unfeasible for this developer. According to the initial pro forma, it 3 would take $500,000 in Tax Increment Financing (TIF) assistance. An initial TIF 4 analysis determined it would require 10 years of TIF. 5 6 Economic Development Coordinator Divine stated staff is seeking Council direction in 7 regard to whether the benefits gained from providing an established roadway, 8 redeveloping the Vacha property, and providing additional commercial tax base that 9 meets the objectives of the Comprehensive Plan outweighs 10 years of foregoing the new 10 taxes. If the Council does not wish to proceed with this alternative, the developer will 11 continue to pursue the first option of developing only on the Schwan's site. 12 13 Council requested a clearer map of the site plan and more details in relation to what the 14 developer is proposing. Council also directed staff to communicate to the developer the 15 strong recommendation from engineering staff to close 77th Street. 16 17 This item will appear on the Council work session agenda Wednesday, May 4, 2005, 5:30 18 p.m. 19 20 PAVEMENT MANAGEMENT POLICIES, JIM STUDENSKI 21 22 City Administrator Heitke advised as part of the Pavement Management Program (PMP), • 23 staff presented the draft Pavement Management Plan to the Council on April 6, 2005. 24 The intent of the policy is to establish the procedures for implementation of the PMP. 25 These procedures include the overall street condition rating; project financing, special 26 assessment determination and maintenance. 27 28 City Administrator Heitke advised minor revisions would be made to the draft Pavement 29 Management Plan. Staff is requesting direction from the Council as to any changes that 30 may be needed to the policies prior to staff placing this on the May 9 Council agenda for 31 adoption. Staff also needs to know whether any significant changes to these policies 32 should be expected as staff is in the process of updating the Five Year Financial Plan, 33 using these policies as the basis for identifying, scheduling and funding pavement 34 management projects. 35 36 Council directed staff to provide a draft of a motion to receive and accept the Pavement 37 Management Report and Finance Report as well as a draft of a motion to approve the 38 Pavement Management Plan at the May 4, 2005, Council work session. 39 40 Councilmember Carlson also requested more information regarding the storm water 41 utility fee, clarification regarding the method of assessment, and Comprehensive Plan 42 references. 43 44 ROAD RECONSTRUCTION PROJECTS, JIM STUDENSKI 45 • 46 Mayor Bergeson excused himself from the discussion and requested Councilmember 47 Stoltz chair this portion of the meeting. 3