Agenda Packets - 1997/03/24 - Laserfiche WebLink

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. UNAPPROVED Page 7 March 10, 1997 IIIMounds View City Council 1 up front construction of the project. Once the work is done,the city will not have any debt on the building but 2 will need to maintain it. However,the tenants involved would pay an annual lease for a period of time to help 3 defray the maintenance costs. He further noted that he cannot commit as to what the future council or 4 community may want to do with the building as far as add-ons or other improvements. 5 6 Ms.Werner stated she feels it would be beneficial to residents if staff would try to explain how Tax Increment 7 Financing works. She noted it is also important for residents to realize that TIF is not a"free lunch"either. 8 9 Omar Kaste,7850 Greenfield Avenue,stated he feels the planning of the project has been done responsibly. 10 He feels a community center is one small step in building a community and he feels the council needs to move 11 ahead. He stated he feels the numbers may be intimidating to many of the residents and does not feel that is 12 the approach the council should take. 13 14 A discussion followed in regard to the financial information that is to be provided to residents. It was felt that a 15 safe estimate in terms of cost would be$3,000,000 should be provided on the ballots. The acquisition costs 16 could be included on the accompanying information. This would provide residents with an idea of what the 17 city would need to recoup if the community center did not get approved and the building were sold. 18 19 Council member Koopmeiners stated he would propose that the amount on the ballot be increased to$3.3 20 million to include the cost of the gymnasium. If VB Digs proceeds with the gymnasium,the city would be 021 ahead. He feels either way,a gymnasium needs to be included. 22 23 Mayor McCarty felt the$3.3 million dollar estimate is reasonable. It was agreed that a cost estimate of$3.3 24 million would be included on the ballot. 25 26 Mr.Whiting stated he would like to have the voting take place on Saturday,April 5, 1997 from 8:00 a.m.to 27 3:00 p.m. Additionally,residents would have the option of voting on Thursday,April 3rd or on Friday,April 28 4th during work hours for those who are unable to vote on Saturday. A discussion followed in regard to 29 whether the voting should be done via mail ballots. Mayor McCarty stated he feels there would be a greater 30 response with mail ballots. 31 32 The council authorized Mr.Whiting to investigate the options and report back Mayor McCarty also noted that 33 the council will need a recommendation as to a funding source for the election. 34 35 MOTION/SECOND: Koopmeiners/Stigney to Approve Resolution No. 5081, Resolution Ordering an 36 Advisory Election Pursuant to Section 4.04 of the Mounds View City Charter and Providing for Election 37 Procedures,incorporating the date of the election as April 5, 1997. 38 39 VOTE: 4 ayes 1 nay(Trude) Motion Carried 40 41 REPORTS: 42 Report of Council members: 43 44 Trude: No report 45 46 Koopmeiners: Council member Koopmeiners reminded residents of the Planning Commission meeting on 0 47 March 19th at 7:00 p.m. at the Bel Rae building to discuss the property South of Highway 10,East of Long 48 Lake Road and North of County Road H2.