Laserfiche WebLink
10 Minutes CASE ~9: <br /> <br />REVIEW I~QULST ]C~ TA% INCRE~:IKT J3SISTANCE <br />By: Dave Rartley, City Administrator <br /> <br />Background: <br /> <br />At the Council meeting of October 20, 1997 Staff was directed to meet with Mr. <br />Dick Carson and other applicants for tax increment assistance and negotiate the <br />terms of an agreement which would extend to the applicants the desire of the <br />City of Ramsey to use tax increment financing provided that the proposed <br />projects are in fact feasible. At the Council meeting of October 27, I987, <br />those agreements may be ~vailable, and if available, the City Cot~ncil should <br />· eview the agreen'.e~'~ts and con,z~er action. <br /> <br />Proposed resolutions will be available at the meeting. <br /> <br />Recommendation: <br /> <br />Council Action: <br /> <br />~otion to: <br />Adopt Re~olution ~g7- authorizing the Mayor and City Administrator to <br />enter into z development cc~tT'~ct ~.:i~l ~. C~ ~g ITalIc5- z~:d Ch~:te.~u <br />Conrtruction, Inc. <br /> <br />-and- <br /> <br />Adopt Resolution #87- authorizing the Mayor and City Administrator to <br />enter ~nto a development contract with Summit American Development Company <br />and Montgomery Holms. <br /> <br />Review Checl:l~t: <br /> <br />;.dminisnratc~: 7 <br />Attorney <br />Engineer <br />Community Develooment Director Y_X_ <br /> <br />Chief of 7'eiice <br />Finance Officer <br />Public Works Superintendent <br />Other <br /> <br /> <br />