HomeMy WebLinkAbout03-18-91.,
CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
MARCH 18, 1991
The meeting was called to order at 6:45 p.m. by Chair Sindt.
Roll call was taken. Present: Commissioners Zaun,
Mulvihill, Harvey, Sindt. Absent: Commissioner Ruhmann.
Also present: R. Erickson, Executive Director; M. Sobota,
Community & Economic Development Director; R. Knutson, City
Attorney; C. Friedges, City Clerk.
ITEM 2
The minutes of the February 19, 1991, H.R.A. meeting were
approved as printed.
ITEK 3
Mr. Sobota presented a resolution which would adopt
Modification No. 2 to I -35 Redevelopment Project No. 2 and
Tax Increment Financing District No. 6 (Mills Fleet Farm).
The modification, he explained, involves expansion of the
current project boundaries to include the properties being
impacted by the County Road 46/I -35 interchange project. The
modification also amends the budget to allow Mills Fleet Farm
tax increment funds to be used for the City's contribution
toward the interchange project. The interchange project and
frontage road improvements will provide improved access to
the Mills Fleet Farm site, as well as open up additional
areas for redevelopment. Mr. Sobota explained that
additional tax increment districts are not being created by
this action.
Commissioner Ruhmann arrived; 6:49 p.m.
Commissioner Sindt raised a concern that the original plan,
which was adopted in 1985, refers to the Interstate Corridor
District (ICD) being an overlay district that covers a
portion of the expanded project area. The ICD, she stated,
no longer exists in that area.
Mr. Sobota will have the plan amended to read that the ICD
was an overlay district that covered a portion of the
project area.
91.06 Motion was made by Zaun, seconded by Mulvihill to approve
Resolution No. 91 -03 adopting modification No. 2 to I -35
Redevelopment Project No. 2 and Tax Increment Financing
District No. 6 (Mills Fleet Farm) to be located within the
redevelopment project and the proposed approval and adoption
of a modified redevelopment plan and tax increment financing
plan relating thereto.
t
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
MARCH 18, 1991
PAGE 2
Roll call was taken on the motion. Ayes, Ruhmann, Zaun,
Sindt, Mulvihill, Harvey.
There being no unfinished or new business, Chair Sindt
adjourned the meeting at 6:52 p.m.
Respectfully submitted,
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Lyne to Mulvihi 1, Secretary
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Bett Sindt, Chair