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City of Centerville <br />City Council Meeting <br />August 24, 2005 <br /> 2. August 10, 2005 City Council Work Session Meeting Minutes <br /> <br />Motion by Council Member Terway, seconded by Council Member Paar to approve <br />the August 10, 2005 City Council Work Session Meeting Minutes as presented. All <br />in favor. Motion carried. <br /> <br />IV. CONSENT AGENDA <br /> <br /> <br />1.City of Centerville August 11, 2005 through August 24, 2005 Claims <br /> <br />2.Centennial Fire District through August 17, 2005 Claims <br /> <br />3.Centennial Lakes Police Department Claims through August 11, 2005 <br /> <br />4.Resolution #05-040 City Opposition to S.1504 <br /> <br />5.Acclaim Benefits – Amendment to Current Agreement <br /> <br />Motion by Council Member Lakso, seconded by Council Member Terway, to <br />approve the Consent Agenda as presented. All in favor. Motion carried <br />unanimously. <br /> <br />V. AWARDS/PRESENTATIONS/APPEARANCES <br /> <br />None. <br /> <br />VI. PUBLIC HEARINGS <br /> <br /> 1. Resolution #05-039 – Creation of Tax Increment Financing District 1-6 <br /> <br />Mayor Capra opened the public hearing at 6:40 p.m. <br /> <br />Mr. Meyer provided an overview of the Creation of the Tax Increment Financing District <br />and the specifics thereof. <br /> <br />Mayor Capra noted the 23 to 25 years is the maximum but the City would keep it as short <br />as reasonably possible. <br /> <br />Mr. Meyer indicated that if the City has more value the term will shorten and the district <br />can be decertified as soon as the obligations are paid. <br /> <br />Council Member Paar indicated he is concerned about the 23 to 25 years as he is not a <br />huge fan of TIF but because it is City property he is considering it. He then said that <br />Staff has done a great job on the legwork. <br /> <br />Council Member Lee indicated that downtown has not changed at all in years and he <br />feels this would make a significant difference for downtown. <br /> <br />Page 2 of 5 <br /> <br />