My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
04-08-08
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Financial Planning and Analysis Committee (FPAC)
>
FPAC Packets
>
2008
>
04-08-08
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/2/2024 2:11:54 PM
Creation date
7/2/2024 2:11:51 PM
Metadata
Fields
Template:
General
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
17
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
MINUTES <br /> EN HILLS <br /> • <br /> Outstanding Discussion: Still need to address the percentage of assessments. There is a <br /> --. a larify how we determine number of units or the per unit equivalence for <br /> assessme ts. It was recommended to let the planning commission give feedback as to <br /> „what-to h•w to approach commercial properties, as well as multiple fro a lots. It was <br /> eco •• -nded to have a clause stating that some properties may be ass s o case by <br /> case situation. Corner lots are assessed only on the actual address. S s •r- 'ty get <br /> assessed? Discus '.5 ouched on the possibilities of the City bein ,aSses� empt <br /> and/or being asse s t same as other properties. There is nothing . the I. '• • stating <br /> whether or not city properties are exempt. <br /> Are the current assessment rates for commercial properties and residential properties set <br /> appropriately? How are double frontage lots assessed? <br /> Giga provided a background of how Roseville funds th-ir street projects. Roseville <br /> created a two prong funding approach using bonds a assessments. In 1996 they <br /> created an infrastructure fund; tax payers pay a Litt - ear towards this fund, <br /> resulting in a lower assessment. How much doe -'osevi a Ilect every year into that <br /> fund from taxes? <br /> Has the City looked at the long term if assessmen _ e the best option? We are going to <br /> get into the long range financial plan loo , the future and how we want to pay <br /> III for things. <br /> We do not have a project for 200 o w. in a time crunch to get this policy <br /> completed; our next reconstructionf ect-wi 1 be summer 2009. <br /> 3.B. Capital Improveme Ian ew <br /> Finance Director Iverson a `= Riga e an explanation of the formatting of the CIP <br /> book. Hilgers recommended th City looks at the possibility of sharing equipment <br /> with Roseville to decrease the cos of equipment. It was also recommended to combine <br /> some operations. We may want to have Greg Hoag, Public Works Director,join us to <br /> discuss these options. Mayor Harpstead would like this group to focus more on the <br /> strategic side of the CIP. Look towards streets and new fire departments. Parks and <br /> Trails have never been economically balanced with the rest of the needs of the City. <br /> Roads are rated on a Pavement Condition Index (PCI). We have a consultant evaluate the <br /> roads; roads are rated from 0 to 100. A rating of 0-30 is "poor" and needs to be <br /> reconstructed. <br /> 4.A. Report from the City Council <br /> Sue created a new chart of accounts. Staff is currently working on the Capital <br /> Improvement Plan (CIP). The old city hall property is going out for a RFP; it could <br /> potentially be residential land. <br />
The URL can be used to link to this page
Your browser does not support the video tag.