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08/02/88
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08/02/88
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Meetings
Meeting Document Type
Agenda
Document Title
Planning & Zoning Commission
Document Date
08/02/1988
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requirements. Metro Council has determined that commencing enforcement of <br />1 in 10 average density in 18 months is an acceptable compromise and the <br />amendment to the Comprehensive Plan will not be approved unless this <br />happens. <br /> <br />Case ~2: Discuss Altron Tax Increment Project: <br /> <br />Mr. Hartley presented a preliminary development agreement for the Altron <br />tax increment project. <br /> <br />Motion by Councilmember Sorteberg and seconded by Councilmember Cox to <br />enter into a preliminary development agreement with Altron, Inc. to prepare <br />plans and specifications for site improvements to be financed with tax <br />increment financing. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />Case ~3: <br /> <br />A~ppt Resolution Authoriz{n~ A Modification To The Tax <br /> Increment Financin~ Plan For Tax Increment F~nancinF District <br /> NO, 2 A~d Call For A Public Hear{n? On Modification Of The <br /> Development Pro?ram For' Develooment District No. 1 And To The <br /> Tax Increment Financin~ District No. 2: <br /> <br />Motion by Councilmember Cox and seconded by Councilmember Sorteberg to <br />adopt Resolution #88-107 authorizing a modification to the tax increment <br />financing plan for Tax Increment Financing District No. 2 and calling for a <br />public hearing on modification of the development program for Development <br />District No. 1 and to the Tax Increment Financing District No. 2. (Please <br />refer to resolution file for Resolution #88-107). <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />ADJOURNMENT <br /> <br />Motion by Councilmember Sorteberg and seconded by Councilmember Cox to <br />adjourn the special City Council meeting. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />Sylvia Frolik <br />Secretary <br /> <br />~e special City Council meeting adjourned at 5:45 p.m. <br /> <br />Respectfully submitted, ~, <br /> <br /> David Hartle~ <br /> City ~ministrator <br /> <br />City Council/June 21, 1988 <br />Page 2 of 2 <br /> <br /> <br />
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