Agenda Packets - 1988/03/21 - Laserfiche WebLink

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Mounds view City Council Regular Meeting ----------------------------------------------------- ---- Clerk/Administrator Pauley further explained the tax. increment financing process. Kathy Ayaz, 7751 Bona Road, questioned whether any money is received unless the project goes through, and she stated she feels this puts a flag out to developers, that the City is willing to have their developments. Clerk/Administrator Pauley replied that financing is nct received unless a project does go through. Councilmember Hankner clarified that if development does not occur within a given time, it becomes void and the process must be started over again. Clerk/Administrator Pauley explained Mr. Miller owns 77 acres, and he would only be able to develop 33 acres, due to the wetlands. He added there is no DNR wetland designation but rather a municipal designation. Mayor Linke closed the public hearing and reopened the regular meeting at 7:27 PM. Mayor Linke closed the regular meeting and opened the r,third public hearing at 7:27 PM. 0''Planner Herman presented an overhead map of the area in question, stating that the proposal before the Council at this time is to develop a tax increment plan for the area. She reported that the Planning Commission had met on February 17 and denied a resolution to approve the consistency of the tax increment plan to the Comp Plan, as they felt this was not a good plan for that area, and they did not want a commercial plan there, and they did not feel it was in keeping witi the Comp Plan, with the spirit and intent in particular. Councilmember Wuori added that the Planning Commission had expressed concern with corporate welfare and subsi- dizing businesses, and the possibility of the State reversing itself on tax increment financing. Mayor Linke stated the Planning Commission was to decide if this was a viable project, and not the philosophical aspects of it. Planner Herman explained their denial was based on inconsistency with the Comp Plan on the spirit and intent. Councilmember Hankner stated she is concerned over the ka./business climate in the State and she feels it is very much a local issue, and there are ways municipalities can attract new businesses, with tax increment financing being one. She added that everyone has a philosophical view on that issue. February 22, 198E Page Three 9. Designation `4 of Development District No."2' and Adoption.'. of Development - District Plan and Developmen Program