2003-12-01 CC Packet - Laserfiche WebLink

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City of Centerville November 12, 2003 Council Meeting Minutes property when it comes to the tax base due to changes in the tax laws. He then said that he feels that residents would prefer their tax burden be lowered rather than choosing..: commercial over residential if they realized that there is no difference. He further commented that the corridor may develop within 10 years but this proposal would ensure that in 10 years the City has increased tax base to work with. Mayor Sweeney indicated that the TIP proposal has the added benefit of being able to use the money for funding the water tower and trail extensions. Council Member Lee indicated that he struggled with swapping commercial into residential but he feels that the homes along Main Street will be rezoned to commercial once the street is widened because it will not be a desirable residential location with CSAH 14 that close and that is how he justified letting this piece of commercial go because he anticipates obtaining rezoning of the parcels along CSAH 14 in less than five years. Council Member Paar commented that this City has been growing houses left and right for the last eight years and that has not spawned commercial growth. Council Member Broussard Vickers indicated that the area would look like a redeveloping new area and buildings tend to go into newly developed areas. She then said that she has watched proposals come and go for this piece of property and she sees - this as being beneficial. Council Member Paar indicated that part of it is zoned industrial and some is commercial. Council Member Broussard Vickers indicated the industrial is on the other side of the street and it is all commercial property down that side. She then said that this City has tried to bring in developers but does not have as much to attract them as Hugo or Lino Lakes and this proposal would assist with redevelopment of that area. She further commented that if residents were told that more money would be br<lught in through the residential rezoning than through commercial development most residents would agree that reducing taxes is important and she supports this proposal because it would bring a nice development to town a lot sooner. Council Member Broussard Vickers commented that Council Member Capra is against this proposal but she feels as the Mayor does that Lino Lakes drives what happens in this school district and she does not understand the reference to higher costs associated with townhomes. She also said that the City is not creating a residential TIF district it is simply a TIF district. Mayor Sweeney indicated it is a redevelopment TIF district. Council Member Broussard Vickers indicated she thinks this would be a good thing for the City. She then said that if Council were interested and public hearings were held she Page 10 of 15