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MOUNDS VIEW CITY COUNCIL <br />FEBRUARY 22,1999 <br />PAGE 13 <br />Mr. Long stated was presented with a list of the proposed items in question of whether TIF funds <br />could be used to purchase these. Mr. Long stated the answer is yes. These would be considered to <br />be essentially the fixtures and furnishings part of a capitol hallway. There is also some language in <br />the statute that allows for operating expenses out of TIF. <br />Mr. Long stated the question specifically asked was a list of items. If there are other items that <br />would be related to either what we would consider to be fixtures or furnishings, this would not be a <br />problem for using TIF for those purposes. <br />Ms. Julie Olson asked for clarification, the last figure that the finance director stated this additional <br />equipment would not be above and beyond that last figure of 6.2. Everything else that we wanted, <br />the 6.24. <br />Mr. Whiting stated the bid award was 6.2 million. $200,000 is still needed to complete the <br />purchasing of the materials. <br />Mr. Stigney had a question for the City Attorney, he brought up the possibility of others using the <br />TIF funds for operational expenses. Mr. Stigney wonders if this is going to be talked about this <br />evening or a future time. <br />Mr. Long stated he only referenced that, because he told Mr. Whiting today, in researching this <br />• question, and getting statutes about the use of TIF for Community Centers, there actually is some <br />broad long in the statutes about use of TIF funds for operating a project. This would be considered a <br />project of the City and so is actually fairly flexible in terms of those funds, which actually surprised <br />me, because I have never had to go back and look at that. You can actually use it for more than this. <br />Mr. Long does not suggest you do that, but Mr. Long wishes the Council to have that information. <br />Mr. Stigney asks if this could be brought forth to us so we know what we are dealing with as far as <br />operational possible usage. <br />Motion/Second: Stigney/Thomason. To approve authorizing the purchase of additional equipment <br />for the Community Center with TIF funds requested by the Parks and Recreation Commission. <br />Ayes - 3. Nays - 0. Motion carries. <br />Mayor Coughlin recessed to closed session. <br />Mayor Coughlin adjournd the meeting at 8:40. <br />Respectfully submitted, <br />I* lames Merrill <br />