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Discussion regardin_~ Econom£c Develonment Conmiss~on nos[tion on <br /> p~o~osed ~x~ension of public improvements to City's ~ndustrial <br /> <br />Notion by Commissioner Ippel to recommend that City Council proceed to extend <br />public improvements (sanitary sewer and municipal water) to the City's <br />IndustriaI Area utilizing financing option <br /> <br />Chairman Greenberg called for a second to the motion and there was no response. <br /> <br />Conmissioner Ippel withdrew his motion. <br /> <br />Notion by Commissioner Kurak and seconded by Commissioner Fults to recommend <br />that City Council proceed to extend public improvements (sanitary sever and <br />municipal water) to the City's Industrial Area utilizing financing option ~5. <br /> <br />Further Discussion: Coumissioner Ippel stated that this project will be hard <br />to sell when it is proposed to assess the benefitting property owners less than <br />50% of the actual cost of the improvements. Commissioner Eurak questioned who <br />would object to utilizing tax increment revenues to assist in the project. <br />Hartley replied that the developers of River's Bend paid for their improvements <br />and have expressed concerns that developers in the industrial area will be <br />getting something for nothing. Hr. Hartley stated that the additional <br />municipal well will serve as a back up well to the one serving River's Bend but <br />likewise the municipal well paid for by River's Bend developers will equally <br />benefit the industrial area. Chairman Greenberg noted that property owners in <br />the industrial area have paid a great deal of taxes over the years without <br />deriving any real benefits. Commissioner Ippel stated that utilizing option <br />would be setting a dangerous precedent. <br /> <br />Notion carried. Voting Yes: Chairman Greenberg, Commissioners Kurak and <br />Fults. Voting No: Commissioners Ippel and Wagner. Absent: Commissioners <br />Hardin, Versa, Huller and DeLuca. <br /> <br />Co~missioner Fults stated that any recommendation made to Council should be <br />supported 100% by the EDC members voting on it. <br /> <br />Motion by Commissioner Kurak and seconded by Commissioner Fults to rescind <br />EDC's motion recommending proceeding with public improvements to the industrial <br />area utilzing option ~5 as a financing method. <br /> <br />Notion carried. Voting Yes: <br />Ippel and Wagner. Voting No: <br />Muller and DeLuca. <br /> <br />Chairman Greenberg, Commissioners Kurak, Fults, <br />None. Absent: Commissioners Hardin, Vevea, <br /> <br />Motion by Commissioner Kurak and seconded by Commissioner Fults to recommend <br />that City Council proceed to extend public improvements (sanitary sewer and <br />municipal water) to the City's Industrial Area utilizing either option ~4 or <br />as financing methods. <br /> <br />Notion carried. Voting Yes: <br />Ippel and Wagner. Voting No: <br /> <br />Chairman Greenberg, Commissioners Kurak, Fults, <br /> None. Absent: Commissioners Hardin, Vevea, <br /> April 29, 1986 <br /> <br />Page 3 of 4 <br /> <br /> <br />