Agenda Packets - 2012/11/13 - Laserfiche WebLink

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Mounds View City Council October 8, 2012 Regular Meeting Page 5 the Proposed Modification of the Tax Increment Financing Plans for Tax 1 Increment Finance Districts Nos. 1, 2 and 3. 2 3 City Administrator Ericson stated the EDA approved a Resolution this evening approving 4 modifications to the project plan for the Mounds View Economic Development project. He 5 stated the updating of this plan would assist in creating greater flexibility in acquiring properties 6 in the future with TIF funds. He commented State law requires that the City identify all 7 properties the EDA may be interested in acquiring in the future. The proposed list had 540 8 properties throughout the community. He discussed the City map with the Council showing the 9 proposed properties. It was noted Ehlers assisted Staff in drafting the Resolution. Staff 10 recommended approval of the Resolution approving the modifications. 11 12 Mayor Flaherty opened the public hearing at 8:02 p.m. 13 14 Hearing no public input, Mayor Flaherty closed the public hearing at 8:02 p.m. 15 16 MOTION/SECOND: Stigney/Hull. To Waive the Reading and Adopt Resolution 8002, 17 Approving a Modification to the Project Plan for the Mounds View Economic Development 18 Project and the Proposed Modification of the Tax Increment Financing Plans for Tax Increment 19 Finance Districts Nos. 1, 2 and 3. 20 21 Ayes – 5 Nays – 0 Motion carried. 22 23 D. Resolution 8001, Adopting a Special Assessment Levy for Private 24 Improvements in Area E of the Street and Utility Improvement Project. 25 26 Finance Director Beer stated that 2012 was the fourth year of the Street and Utility Improvement 27 Project. He commented the City has offered loans through the City to allow homeowners to 28 complete private improvements and three homeowners chose to take part in this program. Each 29 property would be charged the $35 administrative fee and would be charged 5½% on the 30 outstanding assessment. Staff recommended approval of the special assessment levy for private 31 improvements in Area E. 32 33 MOTION/SECOND: Gunn/Mueller. To Waive the Reading and Adopt Resolution 8001, 34 Adopting a Special Assessment Levy for Private Improvements in Area E of the Street and 35 Utility Improvement Project. 36 37 Ayes – 5 Nays – 0 Motion carried. 38 39 8. CONSENT AGENDA 40 A. Schedule a Public Hearing for Tuesday, November 13, 2012, at 7:00 p.m., a 41 Resolution Approving the Adoption of the 2013 Mounds View Fee Schedule. 42 B. Accept 2013 Twin Cities Gateway Budget. 43 44 MOTION/SECOND: Mueller/Gunn. To Approve the Consent Agenda as presented. 45