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CASE #13: REQUEST FOR CITY PARTICIPATION (TAX INCREMENT FINANCING) IN PROPOSED PROJECT; CASE OF MS. KRIS FLUEGEL AND MS. SARAH SAWYER By: Community Develognent Director Anne Norris Background: Ms. Fluegel and Ms. Sawyer are proposing to construct and operate a dog training school and retail pet supply store on the property at 14640 St. Francis Blvd. N.W. They are proposing to construct a 7,500 square foot commercial block building and requesting that the City participate in the project by financing approximately $63,000 in site improvements and utilities. The subject property is located in the B-1 Business District. The proposed use is a permitted use in this district. The proposed project is located within Development District No. 1. The City would need to establish a Tax Increment Financing District to accommodate this project. For your information, the following items are enclosed: a) Site location map b) Proposed site plan C) Application for tax increment financing d) Resolution #87 -213 establishing Tax Increment Financing Policy Observations: As you may recall, the City's policy regarding tax increment financing includes Planning and Zoning Commission review of all tax increment financing requests with respect to the following considerations: a) Is the request consistent with the City's Comprehensive Plan? b) Is the request appropriate under the Zoning Ordinance? The Economic Development Commission reviewed this request on March 30 and recommended approval of the project provided there is sufficient increment to participate in the project. Recommendation: Commission Action: Motion to: Recommend approval /denial of the request by Ms. Kris Fluegel and Ms. Sarah Sawyer for City participation in their proposed project. Review Checklist: Administrator Attorney Engineer Community Development Director -1L Chief of Police _ Finance Officer _ Economic Development Commission x X Bond Counsel X