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Mounds View City Council June 27, 2005 <br />Regular Meeting Page 8 <br /> <br />would occur approximately a week and half after the approval on July 11th and it would be thirty 1 <br />days after publication that the ordinance would be effective, which would be in the middle of 2 <br />August. 3 <br /> 4 <br />Barbara Haake clarified that their timeframe for submitting signatures would be between July 5 <br />15th and August 15, 2005. 6 <br /> 7 <br />City Administrator Ulrich confirmed. 8 <br /> 9 <br />MOTION/SECOND. Stigney/Gunn. To approve the First Reading of Ordinance 760 10 <br />Authorizing disposal by Sale of the Real Property Comprising The Bridges of Mounds View 11 <br />Golf Course owned by the City of Mounds View to the Mounds View Economic Development 12 <br />Authority. 13 <br /> 14 <br /> Ayes-4 Nays-1 (Marty) Motion carried. 15 <br /> 16 <br /> I. Resolution 6571 Approving Minnesota Statute Chapter 152, Article 2 Tax 17 <br /> Increment Financing and Requesting Approval by Ramsey County and the 18 <br />Mounds View School District. 19 <br /> 20 <br />Economic Development Coordinator Backman stated that they had TIF legislation that was 21 <br />before the Legislature during the 2005 session. He stated that Staff recommends that the City 22 <br />formally approve the TIF Legislation by signing the certificate of approval and adopting 23 <br />Resolution 6571, and request approval by Ramsey County and the Mounds View School District. 24 <br /> 25 <br />Council Member Thomas asked if they are actually approving Minnesota Statute or is this the 26 <br />legal terminology that they are required to use. She asked if different wording could be used 27 <br />noting that she was not aware that they had this kind of authority. 28 <br /> 29 <br />City Attorney Riggs clarified that the State requires their approval and confirmed that the 30 <br />Council does have the authority. 31 <br /> 32 <br />Brian Amundsen, 3048 Woodale Drive stated that he has a couple of questions regarding this 33 <br />transaction adding that he is curious as to why this has to happen this evening. He referenced the 34 <br />June 20th public hearing stating that he had requested the Council ask the State Auditor how 35 <br />much property, in total, a city should have in TIF. He stated that he does not know if Council 36 <br />was ever given that answer prior to adopting additional property that is now being moved into 37 <br />TIF. He recalled seeing two or three Council Members nodding yes, that this would be a point of 38 <br />information the Council would like to have noting that he believes this would be critical to know 39 <br />before adopting an acceptance to go into additional TIF. He stated that his next question is in 40 <br />regards to boundaries noting that there is a current TIF District comprised of the SYSCO 41 <br />property and the driving range that is currently situated with the golf course. He indicated that 42 <br />this is TIF District 3, which expires in 2013 or 2014. He stated that he asked how a TIF District 43 <br />could be created on top of a TIF District. He noted that Ehlers had tried to explain that one 44 <br />district would be tax exempt and one would not be. He stated that he thinks the legislation in 45