4B, Resolution 2009-030, Accepting the 2009 Minnesota Laws, Ch. 88, Article 5

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to accept the potential use of the TIF legislation, the process should be completed before the end of 2009 to avoid any confusion over the expiration date and to avoid the possibility of the legislation being repealed during the 2010 session. While this special legislation had been crafted around the mixed use development concept proposed by R:RLD, it could still be a powerful tool for a revised land use scenario. Obtaining special TIF legislation requires a signi�cant amount of time and effort, and regaining it in the future could be difficult. While the cost and time invested into this process was born by RRLD, the City remains the benefactor of that effort. This special legislation could still be helpful in achieving community goals, including advancing the cleanup process and adding other community amenities. Any new land use scenario would require a critical review before TIF is considered an option. Approving the special TIF legislation is not an approval or implementation of the actual TIF district. Furthermore, approving the special legislation does not guarantee that the City will choose to apply the special TIF legislation. By approving the special TIF legislation, the City is simply retaining the ability to use the special TIF legislation in the future if the City determines that it would be appropriate for a particular proj ect. The City has been clear in saying that no developer should automatically expect TIF of any kind. At the September 14, 2009, work session, the City Council directed staff to bring this item before the Council for consideration. If the resolution is approved by the City Council, staff will work with the Ramsey County Board and Mounds View School District to gain their approval of a similar resolution. Attachment • Resolution 2009-030, a Resolution approving 2009 Minnesota Laws, Ch. 88, Article 5, Section 16 relating to a tax increment financing district in the City of Arden Hills • 2009 Minnesota Laws, Chapter 88, Article 5, Section 16 City of Arden Hills IlAhdocsllahlAHdatalPlanningl Community Developmentl TCAAPIPIanning - Post May 20091 TIFI110909 - CC Memo - TCAAP Special TIF Legislation approval. doc Page 2 of 2