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HomeMy WebLinkAbout12-16-96CITY OF LAKEVILLE HOUSING AND REDEVELOPMENT AUTHORITY MEETING DECEMBER 16, 1996 The meeting was called to order by Chair Johnson at 6:30 p.m. Roll call was taken. Present: Commissioners Johnson, Zaun, Sindt, Mulvihill, Holberg. Also present: R. Erickson, Executive Director; D. Feller, Finance Director; R. Knutson, City Attorney; C. Friedges, City Clerk. MINUTES The minutes of the November 18, 1996, Housing and Redevelopment Authority meeting were approved as presented. ITEM 3 Mr. Feller presented a resolution requesting the Lakeville City Council to call a public hearing on the proposed modification of the Central Business District (CBD) Redevelopment Project No. 1, Modification No. 1 of the Tax Increment Financing District No. 2, and Modification No. 2 of Tax Increment Financing District No. 3, all located within the redevelopment project, and the proposed approval and adoption of the modified redevelopment plan and tax increment financing plans relating thereto. Mr. Feller explained that the Senior Citizen Housing Tax Increment District has $120,000 of unencumbered increment accruing in the years 2004 to 2011 which could be appropriated for a future senior citizen housing project. The modifications to the redevelopment and TIF financing plans are consistent with the Senior Citizen Housing District that was originally created in 1984 to provide resources to acquire the land and enable the construction of the Fairfield Apartments and Senior Citizen Center. Mr. Erickson indicated that staff plans to meet with Mrs. Genevieve Ringeisen, who owns the parcels south of the Senior Center, which is a possible site for additional senior housing. He pointed out that this action would not commit the City Council to build senior housing at this location. Modification No. 2 to TIF District No. 3 relates to the Holyoke Professional Building Tax Increment District, enabling the parcels originally designated adjacent to the north and west of City Hall to be reactivated through the Year 2013 and appropriate the increments for possible redevelopment (Town Square project). 96.5 Motion was made by Sindt, seconded by Mulvihill to approve Resolution No. 96- 5 requesting the City Council of the City of Lakeville to call a public hearing on the proposed modification of the CBD Redevelopment Project No. 1, Modification No. 1 of Tax Increment Financing District No. 2 and Modification No. 2 of Tax Increment Financing District No. 3, all located within the redevelopment project, and the proposed approval and adoption of a modified redevelopment plan and tax increment financing plans relating thereto. Roll call was taken on the motion. Ayes, Johnson, Zaun, Sindt, Mulvihill, Holberg. ITEMS 4 -9 Mr. Feller explained that the City has five tax increment districts which have expired and can be de- certified. The Iperial Plastics TIF District 13 will be de- certified once the terms and conditions of the development contract are achieved (estimated to be in 1999). The State Auditor's Office considers these districts open and active until such time as they are de- certified by the HRA. Staff is recommending the HRA approve resolutions decertifying Tax Increment Financing (TIF) Districts No. 4, 6, 7, 11, 12 and 13. 96.6 Motion was made by Holberg, seconded by Mulvihill to approve the following resolutions: Resolution No. 96-6 de- certifying TIF District No. Resolution No. 96 -7 de- certifying TIF District No. Resolution No. 96 -8 de- certifying TIF District No. Resolution No. 96 -9 de- certifying TIF District No. Resolution No. 96 -10 de- certifying TIF District No Center); Resolution No. 96 -11 de- certifying TIF District No 4 (Toro); 6 (Fleet Farm); 7 (McStop); 11 (Meadows North); . 12 (Lakeville Commerce 13 (Imperial Plastics). Roll call was taken on the motion. Ayes, Zaun, Sindt, Mulvihill, Holberg, Johnson. There being no further business, Chair Johnson adjourned the meeting at 6:40 p.m. Respectfully submitted, v