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Discussion ensued regarding TIF expiration dates and the movement of funds between the <br /> districts and projects. <br /> Economic Development/Marketing Manager Backman stated that if the modification for TIF <br /> District #1 is not approved, 3.1 million dollars would be at risk for three projects not being <br /> accomplished, the rail station, the ramp and the Residence at the COR. <br /> Commissioner Bauer stated he is uncomfortable with the language and would like it to be a clear <br /> intent with the rail and parking ramp project and restricted to those two projects. <br /> Motion by Commissioner Field, seconded by Commissioner Schiller to adopt Resolution #11-12 - <br /> 235 declaring proposed modifications to Tax Increment Finance (TIF) Districts #1 & #2 to be <br /> consistent with the 2030 Comprehensive Plan. <br /> Motion Carried. Voting Yes: Chairperson Levine, Commissioners Field, Schiller, and Van <br /> Scoy. Voting No: Commissioner Bauer. Absent: None. Abstain: Commissioners Brauer and <br /> Dunaway. <br /> Case #4: Discussion of Metropolitan Council's 2040 Framework Plan Process <br /> Presentation <br /> Senior Planner Gladhill presented the Staff Report. <br /> This case was for information purposes only. <br /> Case #5: Review Findings of Development Cost Study <br /> Presentation <br /> Senior Planner Gladhill presented the Staff Report. <br /> This case was for information purposes only. <br /> Case #6: Staff Update <br /> The Staff Update was noted. <br /> COMMISSION /STAFF INPUT <br /> ADJOURNMENT <br /> Motion by Commissioner Bauer, seconded by Commissioner Schiller, to adjourn the meeting. <br /> Motion Carried. Voting Yes: Chairperson Levine, Commissioners, Bauer, Schiller, Brauer, <br /> Dunaway, Field, and Van Scoy. Voting No: None. Absent: None. <br /> Planning Commission/December 1, 2011 <br /> Page 6 of 7 <br />