Agenda - Council - 10/14/2025 - Laserfiche WebLink

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Staff has been working with DEED, TAFT Law and Ehlers to draft documents required for the TIF, MIF and JCF. All documents are complete and will be formally acted upon by the City Council on October 14th, following the Public Hearings. Below is an updated schedule for reference: EDA meets at 7:30 a.m. to consider TIF request and makes recommendation to August 14, 2025 City Council (COMPLETE) August 26, 2025 August 27, 2025 By September 5, 2025 September 12, 2025 September 26, 2025 October 9, 2025 City Council meets at 7:00 p.m. to consider TIF request and call for a public hearing establishing the TIF District and to adopt Resolutions supporting applications to MIF/JCF (COMPLETE) Project information, property identification numbers, fiscal impacts and maps sent to Ehlers for drafting documentation. (COMPLETE Ehlers confirms whether building permits have been issued on the property to be included in the TIF District. (COMPLETE) Ehlers conducts internal review of Plans. (COMPLETE) Fiscal/economic implications received by School Board Clerk and County Auditor (at least 30 days prior to public hearing) and County receives information for review of county road impacts. (COMPLETE) *The County Board, by law, has 45 days to review the TIF Plan to determine if any county roads will be impacted by the development. Because City staff believes that the proposed TIF district will not require unplanned county road improvements, the TIF Plan was not forwarded to the County Board 45 days prior to the public hearing. Please be aware the County Board could claim that tax increment should be used for county roads, even after the public hearing. (COMPLETE) Publication of hearing notice and map in the Anoka County Union Herald (at least 10 days but not more than 30 days prior to hearing). (COMPLETE) EDA meets at 7:30 AM to consider recommending the Plans and TIF Agreement in connection with the TIF District. (COMPLETE) City Council holds Public Hearing at 7:00 PM on the modification to the Development Program for Development District No. 1 and the proposed Establishment of Tax Increment Financing District No. 19 (Zero Zone) and considers a resolution approving the Plans. October 14, 2025 City Council considers approval of TIF agreement. City considers an Interfund Loan resolution in connection with the TIF District. City conducts Public Hearing for MIF October 15, 2025 City may issue building permits. Ehlers files the Plans with the MN Department of Revenue, Office of the State Before June 30, 2026 Auditor, and requests certification of the TIF District with the County.