Agenda Packets - 1995/04/03 - Laserfiche WebLink

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over the next biennium (this includes some primary and secondary school social programs) . One of the key themes that is being played out this year in the Legislature is the increased role of educational priorities and funding. Even in the TIF legislation by Representative Ozment, the emphasis is that TIF activities are taking money away from school districts. The bottom line in all of this is that cities are, once again, facing difficult times as the two parties begin the posturing process to either call the other's bluff or wait the other out until last minute antics creates policy through crisis. Unfortunately, it will be cities that suffer. Cathy and I met with Jim O'Meara on Wednesday to discuss three issues: 1. Financial opportunities/restrictions regarding the City's participation in a joint District 621/City project. He will be present at the April 5th meeting of the Committee to discuss the financial possibilities of the proposed project. 2 . Small Business Loan Program - discussion regarding next next steps and finalization of necessary approval and contract documents. 3 . City's TIF Master Plan - Cathy and I will be working on a comprehensive Master Plan to present to Council at the May Work Session. This action is in anticipation of the Legislature imposing a July 1 drop deadline for new projects. If the Legislature does not pass legislation that significantly alters current TIF laws, the City is in a good position to use TIF funds for Housing Rehab, Small Business Loans, economic development and redevelopment activities anywhere in the city. Fire Capital Improvement Budget The three cities met with Chief Fagerstrom and the rest of his management crew to discuss their proposed capital improvement plan. The Plan address equipment replacement/new purchases for the next 10 years, including land purchase and construction of a new station in Blaine. The bottom line is that the Plan could add $50-60, 000 to the City's contribution for fire service (1995 - $150,500, 1996 estimated to be between $155-162 , 000) . The purpose of the Plan is to set aside money each year for replacement of needed equipment rather than have budget buster actions when a piece of equipment quits or eliminate the extreme expense of a bond referendum.