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Ms. Hart stated that the City's current tax base is approximately 3 percent commercial and <br />97 percent residential; however, 30 percent of the dollars is from commercial. <br /> <br />Mr. Connolly inquired when the developer comes in to subdivide, is that when the City <br />looks at it for taxing. <br /> <br />Mr. Schroeder stated that we pay attention to that and project what revenue we will be <br />receiving in future years. We do not manipulate anything. <br /> <br />Upon inquiry, Ms. Hart stated that at the time of plat filing, the status of the property <br />changes. As a property gets built up, the tax value changes. <br /> <br />Mr. Connolly felt that only about a year should be lost between the time of development <br />and the collection of taxes. <br /> <br />Councilmember Hardin explained that the tax valuation notices received in 1994, the value <br />is for 1995 and the tax is payable in 1996. <br /> <br />Ms. Hart stated that the final platting at the County is basically the final step. There is no <br />property status change until then. <br /> <br />Mr. Thurston stated that in platting a property, State Statutes dictates how it's added on. <br />It has to be phased on unless the property is built on. That's the law - the phasing is done <br />over a three-year period. <br /> <br />Councilmember Peterson stated that the landfill is in it's final state of closure. In the <br />1980's and early 1990's, the City received money from there. We do not have the landfill <br />anymore but we also do not have the revenue from it. The second item that cost the City <br />a large sum of money was the adult bookstore. That piece of property has cost the City a <br />significant amount of dollars in lawyers fees, planning fees, etc. The decision to fight the <br />bookstore has received positive feedback from residents and he added that the City may <br />still end up in Supreme Court. <br /> <br />Mr. Daeger asked about allowing resident's comments in the Ramsey Newsletter. <br /> <br />Councilmember Beyer stated that the City tried to have an editorial section in the <br />Newsletter years ago and it ended up in a lawsuit. <br /> <br />Councilmember Hardin stated there is a chance for residents to be heard during the Citizen <br />Input part of the City Council meeting. He added that if a resident is unable to attend a <br />meeting, but would like to be heard, a letter may be sent to City Hall with the direction <br />that it should be read during Citizen Input. <br /> <br />Councilmember Peterson stated that residents are also invited to call the Councilmembers. <br />Councilmember Peterson then introduced Councilmember-Elect Carolyn Beahen. <br /> <br />Councilmember Peterson stated that Mr. Ed Thurston, or someone in the County <br />Assessor's Office, will be happy to discuss property valuation with the residents. He <br />added that if after taking this material home with you, and you have questions, just call <br />Council or Staff. We have spent a lot of time on it. He stated that Council monitors this <br /> <br />City Council/Budget Public Hearing/November 30, 1994 <br /> Page 6 of 6 <br /> <br /> <br />