Laserfiche WebLink
Housing and Redevelopment Authority Meeting Minutes <br />•August 12, 2003 <br />Page 2 <br />1 Discussion: <br />3 Commissioner Sparks stated she did not think it had been made clear that this was a public <br />4 hearing scheduled for September 23, 2003, regarding the TIF Plan for the Northwest Quadrant <br />5 and Apache Plaza. She added this was a big step, as it was the first step in the redevelopment of <br />6 Apache Plaza. <br />7 <br />8 Commissioner Thuesen noted it might seem Council was being nonchalant regarding this issue. <br />9 He indicated there had been countless work sessions and meetings over the last two years before <br />10 this step was reached. <br />11 <br />12 Commissioner Horst asked if this was the second public hearing. City Attorney Gilligan <br />13 responded this resolution was requesting the City Council hold a hearing for the proposed plan, <br />14 as the TIF plan was an H.R.A. plan. He noted State law required Council approve a TIF plan. <br />15 <br />16 Commissioner Horst noted that the public hearing was an opportunity for those interested in <br />17 addressing the TIF plan. He also asked if this issue would come before the Planning <br />18 Commission. Mr. Gilligan replied the Planning Commission was required to give a <br />19 recommendation to the Council by State law. <br />46 Executive Director Morrison explained there would be two public hearings: The Planning <br />22 Commission hearing regarding development would be held September 16, 2003. The public <br />23 hearing before the City Council was scheduled for September 23, 2003. He suggested those who <br />24 wished to comment on TIF come before the Council and those who wished to comment on the <br />25 PUD come before the Planning Commission. He added press releases would be issued. <br />26 <br />27 Commissioner Thuesen explained that "TIF" referred to Tax Increment Financing, which were <br />28 dollars contributed by the City toward redevelopment. Mr. Gilligan added "TIF" was <br />29 incremental tax revenue generated by development that would be used to reimburse or pay for <br />30 public redevelopment costs associated with that redevelopment. <br />31 <br />32 Motion carried unanimously. <br />33 <br />34 V. STAFF REPORTS. <br />35 None. <br />36 <br />37 V. H.R.A. COMMISSIONER COMMENTS. <br />38 Commissioner Faust thanked Executive Director Morrison for quickly following up on the <br />39 graffiti problem mentioned at the July 22, 2003, meeting. He noted the graffiti had been <br />40 removed within two days. <br />41 <br />VI. INFORMATION AND ANNOUNCEMENTS. <br />None. <br />44 <br />