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<br />City of Centerville <br />Council Meeting Minutes <br />May 24, 2006 <br /> <br />that the Finance Director would be. conducting the survey door-to-door and suggested that <br />participates receive a credit on their utility bill. <br /> <br />Council felt that an incentive to participate in the survey would be a good idea and agreed <br />that a $10 credit towards the resident's utility bill could be given to those that <br />participated. <br /> <br />2. Business Appreciation Picnic <br /> <br />.Motion by Council Member Paar. seconded by Council Member Tenvay. to <br />aoorove the bude:et for the Business Aooreciation Picnic not to exceed $600.00. AIl <br />in favor. Motion carried unanimoDslv. <br /> <br />3. Business Person <br /> <br />Mayor Capra indicated that the City is still seeking nominations for Business Person of <br />the Year. <br /> <br />4. CSAH 14 Appraisal <br /> <br />City Administrator Larson indicated the City received an offer from Anoka County for <br />permanent and temporary easements for the land that is owned by the City behind City <br />Hall. Anoka County has agreed, per the Memorandum of Understanding, that funds will <br />not be exchanged for property/easements but will be offset by the City acquiring remnant <br />parcels from the CSAH 14 project. <br /> <br />5. Update on Metro Plains <br /> <br />City Administrator Larson provided information on a schedule noting the first item is the <br />tax consequence of this project and the primary tax consequence is because this is a low <br />to moderate income property it would be valued on income approach so will pay lower <br />taxes around $25,000 versus a more traditional project that would pay about $75,000 in <br />taxes which amounts to about $500,000 of loss of revenue for the three jurisdictions over <br />twenty years.. <br /> <br />City Administrator Larson indicated that the list of funding sources included Community <br />Development Block Grants but the city cannot apply for them directly, because they have <br />to be applied for through Anoka County so this may not be a viable option. <br /> <br />City Administrator Larson indicated that Metro Plains assumed use of tax increment <br />financing of approximately $200,000. In addition they assumed the City would use TIP <br />to reimburse itself for the land but it is still a contribution for this project. <br /> <br />City Administrator Larson indicated the City would be potentially giving up the ability to <br />assess for public improvements and this agreement would have something in that regard. <br />These assessments could have been around $300,000 to $325,000. <br /> <br />. Page 6 of8 <br />