Agenda Packets - 1997/02/24 - Laserfiche WebLink

Home Browse Search

s I July 18, 1995 ,f0Z‘ ) ,:,.. .- ':.--,-i' Y • MOUNDS VIEW • Fundingdebate ties ..- _ TIF upbridge project -, While some council members feel From page 3 SHELBY r11COLAUS-DuIVSKI TIF would be a good source of enhancement. `. IF for the sal,others feel "It's a community ;. A$120,000 difference of opinion funding proposal, That's a permitted It's a reue- ogin at the fate of a pedestrian it shouldn't be used for projects use.That's a use.It's a recce- is tugging which do not create jobs. ationaAll staff I've talked to say it's a bridge which would link Mounds Council Member Sue Hankner thed ue.r Somehow,we're not m_ View's east and west sides. Council said the project does not meet the pew The Moundsbo View City for its requirements to be funded with supposed to do what legislators is debating how it will pay don't want us to do for fear of share of the proposed for pedes-00 inion, is legal„ angering them,"she said. ""That, in my op The city has two to wm- projectto cross it easier0 she said. "I've talked to advocates years to before it traneto�o�Highway of tax-increment and legislators, plete the proposed project The council isexpected its Aug. work and they agreed with me that that's loses the state grant the issue during its Au . 7 work -If approved,the project would be an inappropriate use of tax-incre- • session. went financing." constructed next summer. But the ane city was dndapproved0 for a statetf But Council Member Julie Trude project's timeline would necessitate thegr em that would fund council percent members project, saying the the city choosing an architectural project. But y defended ro o d pedestrian bridge is a and engineering firm this fall, 11can are now questioning $120000. legal use of the TIF fund,according Tie said.posed bridge has been pay tee rwnag leadge for yeaen At issue is whether the city should to the city's lawyer. discussed by city use a portion of its $2 million tax- TIF/Page 10 increment financing With Highway 10 slicing through money. the city's center, the bridge has i - been proposed as a way to link the two sides of the community. "It's kind of a missing link for bike transit as well,"Trude said."I wouldn't feel safe crossing that highway except in a vehicle." Hankner said she has supported the project since she was the city's mayor in the 1980s."But it still has the same problems it did then,"she said, referring to the financing issue. "A pedestrian crosswalk would be an abusive use of that (TIF) T_ money,"Hankner said. The city is in the process of sego- tinting the purchase of a few blight _ ed properties along Highway 10— including the Auto Central site and ' . another near County Road I— a project that would be better suited A. for'TIF funding,Hanlmer said. The only other option the city has � 4 to fund the project is through the L property tax levy,Hankner said. 14. Hankner said she would support 7. increasing the tax levy only if resi- dents can'muster enough support . for a tax hike. "You've got to get a lot of people to get me convinced,"she said.