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February 22, 1988 <br />Mounds View City Council f fI BE- 0_ Page Three <br />Regular Meeting t �1 ______________________ <br />erk/Administrator Pauley further explained the tax. <br />crement financing process. - <br />Kathy Ayaz, 7751 Bona Road, quest;ioned whether any <br />money is received unless the project goes through, <br />and she stated she feels this puts a flag out to <br />developers, that the City is willing to have their <br />developments. <br />Clerk/Administrator Pauley replied that financing is <br />not received unless a project does go through. <br />Councilmember ::ankner clarified that if development does <br />not occur within a given time, it becomes void and the <br />process must be started over again. <br />Clerk/Administrator Pauley explained Mr. Miller owns <br />77 acres, and he would only be able to develop 33 acres, <br />due to the wetlands. He added there is no DNR wetland <br />designation but rather a municipal lesignation. <br />Mayor Linke closed the public hearing and reopened the <br />regular meeting at 7r27 PM. <br />Linke closed the regular meeting and opened the 9' <br />ofsDeveleoment. <br />Mayor <br />Chird public hearing at 7:27 PM. <br />District No. 2`� <br />Planner Herman presented an overhead map of the area in <br />the Council <br />and Adoption <br />of Development, <br />question, stating that the proposal before <br />increment plan for the <br />District Plan <br />at this time is to develop a tax <br />Planning Commission had met <br />and Development, <br />area. She reported that the <br />denied a resolution to approve the <br />Pro ram <br />g <br />on February 17 and <br />of the tax increment plan to the Comp Plan, <br />and <br />consistency <br />as they felt this was not a good plan for that area, <br />they did <br />plan there,comp <br />they did not want a commercial <br />feel it was in keeping with theand with the <br />not <br />spirit and intent in particular. <br />Councilmember Lvuori added Commission <br />a d <br />hthat nthe <br />expressea cullu--, ---�- telanninwelfage <br />the possibility of the State <br />dizing businesses, and <br />itself on tax increment financing. <br />reversing <br />the <br />Mayor Linke stated the Planning Commission was to decideif <br />this was a viable project, and not philosophical <br />aspects of it. <br />was <br />spbased <br />Planner Herman explained their denial <br />iritaon intent. <br />inconsistency with the Comp on <br />ouncilmember Hankner stated she is concerned over the <br />she feels it is very <br />business climate in the State and <br />are ways municipalities <br />much a local issue, and tl,are <br />businesses, with tax increment finaning <br />can attract new <br />She added that everyone has a philosophical <br />being one. <br />view on that issue. <br />