Minutes - Council - 03/13/2001 - Laserfiche WebLink

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City Attorney Goodrich restated that Mr. Sharp will own all four building sites after the agreement is signed. He again explained the phased projects and how the pay-as-you-go TIF is structured into Phase II. Councilmember Zimmerman asked if the City checked with other businesses that have a TIF policy to see if the number of jobs they said they would create, have actually been created. City Administrator Norman advised that the City's TIF Specialist has sent out surveys and he will request an update on that survey. City Attorney Goodrich advised that in 1999, State law changed to require strict reporting, more than a survey. To keep the financing intact, the employer must abide by those employment requirements or a penalty is imposed and they have to return the financing they received. Councilmember Anderson stated that considering the trend with other cities, she believes the Council should consider a wage increase from $10 per hour to $12 per hour for future TIF projects. Motion by Councilmember Anderson, seconded by Councilmember Hendriksen, to authorize the business subsidy agreement with Sharp and Associates, LLC. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, Hendriksen, Kurak, and Zimmerman. Voting No: None. Motion by Councilmember Hendriksen, seconded by Councilmember Anderson, to authorize the execution of a development agreement with Sharp and Associates, LLC, contingent upon review by the City Attorney. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Hendriksen, Anderson, Kurak, and Zimmerman. Voting No: None. Case #2: Public Hearing for Off-Sale Intoxicating Liquor License for Vintage Wine & Spirits; Case of Mark and Teresa Callender Mayor Gamec closed the regular portion of the City Council meeting at 7:22 p.m. in order to conduct a public hearing. Public Hearing Mayor Gamec called the public hearing to order at 7:22 p.m. City Council/March 13, 2001 Page 6 of 31