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Agenda - Council - 07/28/2009
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Agenda - Council - 07/28/2009
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Meetings
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Agenda
Meeting Type
Council
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07/28/2009
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stated that he has not been privy to the bills sent out in the past but he will be in the <br />future. Councilmember Elvig inquired if there has ever been a problem with the bill <br />being different from what was stated the charge would be to which Chief Way replied <br />yes. <br />Councilmember Jeffrey reiterated that we have a very good relationship with NorthStar <br />Towing and he sees no reason for change. <br />Chief Way stated he would place this item on the July 14 regular City Council meeting <br />for discussion and he would notify Collins Brothers (the 3rd bid) that it will be on that <br />agenda. <br />Councilmember Wise noted that the bid from Collins Brothers was higher than the other <br />two. <br />Councilmember Elvig commented that the bid was high enough to where they may be out <br />of the game. <br />Mayor Ramsey suggested Chief Way let them know that they may not be awarded the bid <br />due to their bid being the highest. <br />3) Decertification of TIF Districts 1 & 4 <br />City Administrator Ulrich stated that before Mr. Sullivan gives his presentation, he <br />wanted Council to know that at this point, he is not looking for a decision either way until <br />we go through the 2010 budget, but he would like to know Council's feelings on this. He <br />added that this does not have to be done until the end of the year. <br />Economic Development Coordinator Sullivan agreed it would be premature to make a <br />decision at this point. He stated that in February, staff presented a memo to the City <br />Administrator discussing the potential decertification of TIF Districts Numbers 1, 2, 4, <br />and 10. Districts 1 and 4 were identified for decertification. He summarized that TIF <br />Districts allow the City to capture the tax dollars normally levied by Anoka County and <br />the School District in addition to the Ramsey portion to fund eligible expenses within <br />each TIF and Development District. Districts that have completed budgeted activities <br />need to be decertified or have their budgets amended to reflect additional expenditures. <br />He explained that financed activities within Districts 1 and 4 will be fully paid by the end <br />of 2009 and decertifying these Districts on December 31, 2009 would result in <br />approximately $476,621 in general fund tax revenue for 2010. Development and <br />redevelopment activities in these Districts that were identified in the TIF Plan are <br />complete but there are other projects within the City that could utilize TIF funds if the <br />budgets are amended to include them. He noted the cash flows for each District were <br />included in the agenda. If no new projects are identified for these Districts, the City is <br />required to decertify them before year's end and return the accrued tax increment for <br />redistribution. Mr. Sullivan continued that one project that could be considered would be <br />the expansion of Armstrong Boulevard, and specifically, the purchase of the Oasis <br />City Council Work Session — June 30, 2009 <br />Page 4 of 17 <br />
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