Agenda Packets - 1984/07/16 - Laserfiche WebLink

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'��ryitJ MEMO TO: MAYOR AND CITY COUNC L FROM: CLERK-ADMINISTRAT DATE: JULY 12, 1984 SUBJECT: PROPOSED AMENDMENTS TO MUNICIPAL CODE CHAPTER 48 ENTITLED WETLANDS ZONING ORDINANCE AND RESOLUTION NO. 1434 ESTABLISHING POLICY GUIDELINES FOR TAX INCREMENT FINANCING Pursuant to Council direction after a recent presentation by representatives of the Millers, staff has reviewed Chapter 48 of the Municipal Code establishing a Wetlands zoning Ordinance, Resolution Number 1125 setting guidelines for the issuance of tax exempt industrial development bonds or loans by the City and Resolution Number 1,434 establishing policy guidelines for tax increment financing, copies attached. As was mentioned by City Attorney Meyers at your June 18 Agenda Session he has prepared a proposed amendment to Chapter 48.07, C. to delete the current language and replace it with the following language. C. Agreements. Notwithstanding any other provision of this code to the contrary, the City and an owner applicant of lands abutting lands owned by the City may by written contract permit the development of wetlands as part of an integrated plan, involving 40 acres or more, wherein the City would participate in the development of the total parcel, and where the development would reasonably conserve and preserve andwould enhance the environ- ment by providing facilities that would protect the public health, safety, and welfare. During the June 18 meeting discussion occured regarding what other parcels of undeveloped land in the City might benefit from the proposed amendment as outlined by City Attorney Meyers. A review of undeveloped land in the City of Mounds View abutting City parks or other City land reveals that there are 6 parcels that could possibly comply with this provision except for the fact that all are ,mailer than 40 acres in size. These parcels are identified on the attached map with acreage listed. Of these 6, four are impacted in one way or another by the wetlands ordinance and could only develop wholely or partially by being able to comply with this exception provision. A review of Resolution Number 1125 which establishes guidelines for the issuance of tax exempt industrial bonds by the City has resulted in the conclusion that no provisions of this resolution would currently be prohibitive towards industrial or commercial development in the City with the following exceptions: