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2005.12.19 EDA Packet
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2005.12.19 EDA Packet
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Commissions
Meeting Date
12/19/2005
Document Type
Agenda/Packets
Commission Name
EDA
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A. The City will encourage the developer to reach a voluntary agreement with property owners. <br /> If the developer and the property owner are unable to reach agreement, a mediator will be used <br /> to assist with the process. At this time the City Council has not decided from a policy standpoint <br /> whether or not pursuing the process of condemnation will be considered during the property <br /> acquisition stage of the downtown redevelopment project. <br /> Q. If my property is in the TIF district is my home or business going to be redeveloped? <br /> A. The TIF district overlays the entire redevelopment project area. Tax Increment revenue from <br /> property valuation will be captured from all parcels within the district but inclusion in the district <br /> does not mean that every parcel will be redeveloped. The property within the district that does <br /> not get developed or redeveloped may be removed from the district at a later date. Furthermore, <br /> the TIF district overlay designation does not restrict the rights of private property owners in any <br /> way. <br /> Q. Once the City begins working with a developer or development team, is the <br /> redevelopment a "sure thing"? <br /> A. No. There will still be land use and other regulatory approvals, environmental impact studies, <br /> securing of financing, and acquisition of property that must occur before the development is a <br /> "sure thing". Residents and business owners will also have several more opportunities through <br /> public hearings and City-sponsored open houses to give input and share their opinions before <br /> any development plans are finalized. <br /> Q. How can I stay informed? <br /> A. There are several ways you can stay informed: <br /> • Attend regular EDA meetings, which are held on the third Monday of each month at 8:30 a.m. <br /> at Hugo City Hall, 14669 Fitzgerald Avenue. In addition, regular Planning Commission and City <br /> Council meetings are broadcast live and replayed on cable channel 16. <br /> • Visit the City's Website for project updates located at www.ci.hugo.mn.us <br /> • Read the Neighborhood News & Report and the Hugonian, the City's two local newspapers, <br /> and the Hugo City Report, the City's quarterly newsletter. Articles on the project and information <br /> about upcoming meetings frequently appear in the local papers and in the City's newsletter. <br /> • Contact the Director of Community Development Bryan Bear or other community development <br /> staff members at anytime. The City Hall phone number is (651) 762-6300. <br />
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