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Block 7 Property <br />At the last City Council meeting, the council held a public hearing for the creation of a <br />Housing Tax Increment Financing (TIF) District on Block 7. The current proposal is for <br />$1.35 Million (Present Value) of assistance over a 20-year district lifespan. City staff has <br />conferred with Trident, our prospective developer and feel that we are ready to present <br />the outline of our partnership to the city council at an upcoming meeting. <br /> <br />Midwest Best Water <br />Paving is now complete. They will be finishing up both exterior work (masonry at <br />entries, irrigation & landscaping) and interior finishes (carpeting, cleaning etc.) next <br />week. <br /> <br />7241 Main Street <br />The Planning and Zoning Commission reviewed concept plat options for the subdivision <br />of this lot. General consensus was that either a 2 or 3 lot configuration could work. We <br />anticipate seeing an application for preliminary plat in the next few weeks. <br /> <br />Peltier Estates <br />Administrator Statz recently spoke with the developer for this project. They stated that <br />they were eager to start the project, but had difficulty finding a contractor to give them a <br />bid for the infrastructure work. We are assisting them in locating a contractor. <br /> <br />th <br />Centerville Storage (20 Ave. Mini Storage) <br />The developer is working through final site design issues and still anticipates a spring <br />2020 start to their project. <br /> <br /> <br />