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The Mounds View Vision A Thriving Desirable Community Item No : 09B2b Meeting Date April 13, 2020 Type of Business: Staff Report City Administrator Review: _____ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Nyle Zikmund, City Administrator Item Title/Subject: Creative Kids Property Tax Relief Question Introduction: The COVID 19 Pandemic has resulted in numerous issues. Creative Kids is asking for property tax relief. An email sent April 7, 2020 is below Discussion: Hello Nyle, Thank you for your response and respect the city’s decision. However, we have not seen a single penny from any grants or federal relief as of yet. Our revenues continue to drop over 80% During this decline. We have not laid off any of our staff but have reduced some hours knowing their livelihood depends on their jobs. We have remained open while numerous childcare centers has closed during this time to ensure our community has childcare services. We do not expect things to get back to normal until end of the summer as most of the families may keep their children at home until the summer is over. We will continue to make our monthly rent payments and are not asking for any rent concessions at this time since the city done not consider this to be an option. We simply ask that the city pay our assessed property tax for the first half of the year as they are due next month. Our other business in Mounds View, Woodlawn Terrace Apartments, also has taken a financial hit as expected. We are not asking the city for any concessions there. We did give most of the tenants some rent concessions for April and will work with families on a case by case basis. We stay committed to the city and it’s citizens and are hopeful things will get better. Thanks for your consideration. Rajiv Thanks Rajiv Garg President of Creative Kids Academy Rgarg@me.com