HomeMy WebLinkAbout#5 - Business SAC deferral program agmt with Met C-AGENDA
MAYOR & COUNCIL COMMUNICATION
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DATE: 10/4/2016
CONSENT
ITEM #: 5
AGENDA ITEM: Business SAC Deferral Program Agreement with Met Council
SUBMITTED BY: Cathy Bendel, Finance Director
THROUGH: Kristina Handt, City Administrator
REVIEWED BY: Kristina Handt, City Administrator
SUGGESTED ORDER OF BUSINESS (if pulled from Consent):
- Introduction of Item ..................................................................................... Staff
- Report/Presentation ...................................................................................... Staff
- Questions from Council to Staff ............................................. Mayor Facilitates
- Open Public Improvement Hearing; Public Input .................. Mayor Facilitates
- Call for Motion ............................................................... Mayor & City Council
- Discussion ....................................................................... Mayor & City Council
- Action on Motion .................................................................... Mayor Facilitates
POLICY RECOMMENDER: Staff and Finance Committee
FISCAL IMPACT: Staff time for additional reporting requirements
SUMMARY AND ACTION REQUESTED:
The City Council is respectfully requested to consider approving entering into a Master SAC
Deferral Agreement with the Met Council for Commercial Properties. This agreement allows
certain Commercial Properties which qualify to enter into a deferral agreement with the Met
Council for the Met Council sewer connection fees. As this is part of the Consent Agenda, no
specific motion is required. If the Council chooses to pull the item for discussion, the
recommended motion for this action is as follows:
“Move to approve execution of the Master SAC Deferral Agreement with the Met Council for
Commercial Properties”
City Council Meeting [Consent Agenda Item 5]
October 4, 2016
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LEGISLATIVE HISTORY/BACKGROUND INFORMATION:
The Finance Committee has been reviewing financing matters related to the downtown and
presented their recommendations on Septembers 20, 2016 which included directing staff to bring
back to City Council the Master SAC Deferral Agreement for approval.
RECOMMENDATION:
Staff is recommending that the City Council consider approving the attached Master SAC
Deferral Agreement. If the Council chooses to pull the item for discussion, the recommended
motion for this action is as follows:
“Move to approve execution of the Master SAC Deferral Agreement with the Met Council for
Commercial Properties”
ATTACHMENT(S):
1. Met Council Master SAC Deferral Agreement for Commercial Properties