Agenda - Council - 04/28/1981 - Laserfiche WebLink

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W League Amendment Strike Section 4 Explanation of Amendment -4- By requiring that payments for bond counsel and consultant services fall within the 5% administrative expense limit, the bill would effectively stop the use of TIF in most cities. The administrative expenses of most projects are currently at the 5% limit, so there would be no room to add the costs for bond counsel and consultant services. It particularly discriminates against smaller cities and projects where the city does not have sophisticated planning staff, and finds it necessary to use outside consultants to assist in planning and implementing a TIF project. The effect of the provision in the bill may also be to discourage the use of outside professionals and thereby cause problems because of poor work done by inexperienced or untrained persons.. •5. WRITTEN COMMENT BY COUNTY BOARD OF COMMISSIONERS ON TIF PLAN PROPOSAL Summary M.S. 273.74, subd. 2, currently allows county commissioners to present comments on a TIF plan at a public hearing. Section 6 of S.F. 635 would allow the county to have a more meaningful input into the process, by giving the county 45 days to make written comment on the proposal. League Amendment Reword the section to clarify that the county should not be able to use its authority to make written comment as an effective power. Explanation of Amendment The county should be able to make written comment, but not be able to effectively exercise veto power. 0. CITY REQUIRED TO WRITE DOWN SPECIFIC AND DETAILED REASONS FOR FACT FINDINGS._ Summary M.S. 273.74, subd. 3 now requires a municipality to make various fact findings before or at the time of approval of the TIF plan. Section 7 of S.F. 635 requires that detailed and specific reasons for those fact findings be made in writing. League Amendment Strike the words "detailed" and to "set forth in writing the basis or Explanation of Amendment "specific" and simply require the municipality reasons for each determination." A requirement to set forth detailed and specific reasons is too cumbersome and expensive, and would invite litigation. The League's amendment would retain the general principle of requiring written reasons for the fact findings, but would not create as many practical problems.