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<br />. <br /> <br />. <br /> <br />. <br /> <br />Arden Hills Council <br /> <br />March 8, 1993 <br /> <br />12 <br /> <br />Indication of Council was that Mounds View Higb School would <br />be the preferred location for the meeting. <br /> <br />MOTION: <br /> <br />Malone moved, seconded by Hicks, to set a public <br />hearing on the matter of Zoning/Sign Ordinance Changes <br />to be held April 12, 1993 at 8:15 p.m. at a location to <br />be determined. Motion carried unanimously (5-0). <br /> <br />TIF DISTRICT DEVELOPMENT <br />ORDER PUBLIC HEARING & AUTHORIZE <br />PREPARATION OF DEVELOPER AGREEMENT <br /> <br />Administrator Person stated that in order to respond to <br />development interests by developer John Arkell, the <br />establishment of a Tax Increment Financing (TIF) District <br />and related TIF Development plan is being considered. <br /> <br />Bob Ehlers, of Ehlers and Associates (Financial Consultant <br />to the City), explained that several steps are included in <br />the process of establishing a TIF District and related TIF <br />Development Plan. He explained that in addition to the City <br />reviewing a proposed TIF Development Plan, the law requires <br />that the School District and the County be given at least 30 <br />days to perform their respective review of the plan and <br />forward their comments. <br /> <br />In response to Councilmember Malone's inquiry, Ehlers <br />briefly explained the TIF process from beginning to end. He <br />stated that the TIF Development Plan would be prepared for <br />Council review, then it would be forwarded to the School <br />District and the County, and then a hearing on the matter <br />could be scheduled. <br /> <br />Administrator Person advised that a public hearing date of <br />April 26, 1993 has been suggested. She added that in order <br />to meet the 30-day requirement for School District and <br />County review of the Plan, staff could, with Council <br />direction, work with Ehlers and Associates to prepare a <br />draft TIF Development plan for Council's consideration at <br />their March worksession; then the Development plan could be <br />forwarded to the School District and the County in ample <br />time to satisfy their required 30-day review period before a <br />public hearing could be held on April 26, 1993. <br /> <br />Ehlers suggested that at the same time that staff is <br />preparing the draft TIF Development Plan, the staff should <br />also be working with John Arkell to prepare a Developer's <br />Agreement between Arkell and the City. <br />