Laserfiche WebLink
4.01: Receive June 2017 Financial Reports—General Fund and Enterprise Funds <br /> 4.02: Approve the following Meeting Minutes: <br /> 1) City Council Work Session dated July 11, 2017 <br /> 2) City Council Regular dated July 11, 2017 <br /> 4.03: Approve Rental Licenses <br /> 4.04: Approve Request to Declare Surplus Property <br /> 4.05: Adopt Resolution#17-07-183 Approving Cash Disbursements Made and Authorizing <br /> Payment of Accounts Payable Invoicing Received During the Period of July 7, 2017 <br /> through July 18, 2017 <br /> 4.06: Adopt Resolution#17-07-178 Approving an Encroachment Agreement for a Deck to be <br /> Partially Located within a Drainage and Utility Easement at 7190 167th Terrace NW; <br /> Case of Justin and Amanda Hora <br /> 4.07: Adopt Resolution#17-07-184 Authorizing Partial Payment to North Valley Inc. for IP <br /> #16-98 Central Park Parking Lot <br /> 4.08: Adopt Resolution #17-07-185 Authorizing Final Payment to Kuechle Underground, Inc. <br /> for IP #16-95 Zeolite Street Storm Sewer Extension <br /> Motion carried. Voting Yes: Mayor Strommen, Councilmembers Johns, Williams, Kuzma, <br /> LeTourneau, Riley, and Shryock. Voting No: None. <br /> 5. APPROVE AGENDA <br /> Motion by Councilmember Shryock, seconded by Councilmember Johns, to approve the agenda <br /> as presented. <br /> Motion carried. Voting Yes: Mayor Strommen, Councilmembers Shryock, Johns, Kuzma, <br /> LeTourneau, Riley, and Williams. Voting No: None. <br /> 6. PUBLIC HEARING <br /> 6.01: Public Hearing to Consider Adoption of Resolution #17-07-177 Awarding a Business <br /> Subsidy to PSD LLC Business Park, Building B, Adrenaline Sports Center, Public <br /> Financing Agreement <br /> Presentation <br /> Asst. City Administrator/Economic Development Manager Brama reviewed the staff report and <br /> recommendation to adopt Resolution #17-07-177 awarding a business subsidy to PSD LLC. He <br /> noted that Ehlers provided a memorandum in which they state that the pro-forma and <br /> sources/uses provided by PSD can be substantiated unduly enriching the developer and meeting <br /> industry standards and that the project meets the "but-for" test. He stated that staff believes that <br /> this project helps to accomplish several City Council Strategic Goals, EDA Workplan Goals, and <br /> will result in several ancillary benefits for the community. He noted that this project is not using <br /> TIF and therefore will be an immediate positive impact to the City's tax.capacity. <br /> City Council/July 25,2017 <br /> Page 3 of 17 <br />