Minutes - Council - 02/10/2015 - Laserfiche WebLink

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7. COUNCIL BUSINESS 7.01: Introduce Ordinance #15 -03 Amending City Code Section 117 -351 (Home Occupations) City Planner Anderson reviewed the staff report and recommendation of the Planning Commission to amend the ordinance. Councilmember Johns thanked the Planning Commission for taking on this matter and assuring it addresses the concerns of neighboring properties. Motion by Councilmember Johns, seconded by Councilmember LeTourneau, to Introduce Ordinance #15 -03 Amending City Code Section 117 -351 (Home Occupations). Motion carried. Voting Yes: Mayor Strommen, Councilmembers Johns, LeTourneau, Kuzma, Riley, Shryock, and Williams. Voting No: None. 7.02: Adopt Resolution #15 -02 -043 Ratifying Certificate of Completion and Release of Forfeiture Executed by the Housing and Redevelopment Authority in and for the City of Ramsey, Minnesota and the City of Ramsey on or about October 31, 2014 City Administrator Ulrich reviewed the staff report and recommendation to approve a resolution ratifying the HRA action approving a Certificate of Completion for the Flaherty & Collins project and release of forfeiture. Councilmember Riley stated this action follows through with the Development Agreement for this project and results in a win in having a completed project and the return to the City of about $7.6 million. Motion by Councilmember Riley, seconded by Councilmember Williams, to Adopt Resolution #15 -02 -043 Ratifying Certificate of Completion and Release of Forfeiture Executed by the Housing and Redevelopment Authority in and for the City of Ramsey, Minnesota and the City of Ramsey on or about October 31, 2014. Motion carried. Voting Yes: Mayor Strommen, Councilmembers Riley, Williams, Johns, Kuzma, LeTourneau, and Shryock. Voting No: None. 7.03: Adopt Resolution #15 -02 -044 Authorizing the Execution and Delivery of a First Amendment to Development Agreement (F & C Ramsey, LLC) City Administrator Ulrich reviewed the staff report and recommendation to approve the First Amendment to the Development Agreement. It was noted that the draft resolution would result in the pay off of two interim financing loans, as required by the new financing. It was noted that when the Borrower repays Note No. 2, the City is obligated to issue the TIF Note described in the Development Agreement to the Developer. This $3 million pay -as- you -go TIF Note, means it only gets paid to the property owner as the property owner pays property taxes. Consequently, City Council / February 10, 2015 Page 7 of 11