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ARDEN HILLS CITY COUNCIL WORK SESSION - NOVEMBER 10. 2008 3 Ms. KviIvang noted staff met with Joe Michael and indicated that he did not raise any red flags; he felt TCAAP was a project for which it made sense to establish the district. CounciImember McClung stated he would not be in favor of extending the TIP district beyond what is written in current state legislation. He noted the research shows that shorter TIP districts have proven to be more successful. Mayor Harpstead agreed but indicated he would like to see the Council write this into the front end of the agreements versus adding at the end ifthe City were to need help. CounciImember Holmes questioned what other cities have established successful TIP districts and asked if the legislature was more inclined to be involved with the TCAAP project based on its large scale. Mr. Bubul stated this was a large scale project. He noted the New Brighton Northwest Quadrant project was roughly 300 acres. Mr. Bubul indicated Bumsville would also have a large scale project near the Minnesota River. He explained TCAAP was opting for one district throughout the phasing of the development. Mr. Bubul noted that Joe Michael was in favor of this proposition. CounciImember Holden questioned ifthis legislation had anything to do with grants. Ms. KviIvang felt it was not related but rather showed a commitment by the City and their obligation to provide dollars to the project. CounciImember Grant asked how establishing this district would assist in covering operating costs. Ms. Kvilvang stated it would only help by having a tax exempt parcel become taxable and the City's portion of base taxes that would be generated from the new taxable value CounciImember Grant questioned if staff would be creating a plan to juggle the operating costs. Ms. Kvilvang stated the resource plan would cover this information. Mayor Harpstead questioned if there were any additional questions that should be brought to the City before this item proceeds to legislation and questioned if the Council was in favor of proceeding with implementation of this item as suggested. Ms. KviIvang stated if the Council was in favor that Steve Bubul would draft the legislation, which would be brought back to Council for approval. After that, it would be taken to legislators where revisions may be made and reported back to Council. She noted a bill would then be introduced during the 2009 legislative session. Ms. KviIvang indicated the Council may be asked to testify on behalf of the legislation. She explained if the 30 year district were approved the County and school district would have to approve the legislation as well since it is an extension of a district.