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City Council Regular Meeting Minutes <br /> • <br /> April 22, 2003 <br /> Page 3 <br /> Councilmember Faust moved to remove the March 11, 2003 Council meeting minutes from the <br /> Consent Agenda. <br /> Motion carried unanimously. <br /> Motion by Councilmember Thuesen to approve the Consent Agenda less the March 11, 2003 <br /> Council meeting minutes. <br /> Motion carried unanimously. <br /> Motion by Councilmember Sparks to approve the March 11, 2003 Council meeting minutes. <br /> Motion carried with Horst and Faust abstaining from the vote. <br /> V. PUBLIC HEARINGS. <br /> A. Discussion of City's 2004 Proposed Budget. <br /> Mayor Hodson opened the public hearing at 7:25 p.m. <br /> Mr. Morrison stated that typically they have not held a public hearing on the budget except to <br /> respond to public reaction and that it is up to the Mayor on how to handle the public hearing. <br /> • Councilmember Faust stated that this is the first opportunity with regard to the budget and they <br /> are just starting. He explained that the Council is looking for comments. <br /> Hearing none, Mayor Hodson closed the public hearing at 7:27 p.m. <br /> VI. GENERAL POLICY BUSINESS OF THE COUNCIL. <br /> A. Resolution 03-031, re: Authorizing Application for the Tax Base Revitalization Account. <br /> Mr. Morrison explained that Resolution 03-031 is an application for an environmental grant from <br /> the Metropolitan Council for asbestos and demolition removal regarding the Northwest <br /> Quadrant. Mr. Morrison stated that they are asking for$300,000 to $500,000 and there is <br /> funding for this project. Mr. Morrison explained that in June they will be going back for another <br /> grant called a Livable Community Grant. <br /> Motion by Councilmember Sparks to approve Resolution 03-031, re: Authorizing Application <br /> for the Tax Base Revitalization Account. <br /> Motion carried unanimously. <br /> B. Resolution 03-032, re: Call for public hearing,on modification for Redevelopment <br /> Project Area No. 3. and the establishment of a Tax Increment Financing District No. 3 - 5 <br /> and for the awarding of business subsidies. <br /> • Mr. Morrison stated that this resolution calls for a public hearing to establish a tax increment <br /> financing district for the Northwest Quadrant and that a plan will be recommended at that <br />