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Regular City Council Minutes -T 11124/03 <br />DRAFF Minutes - Page 16 <br />input and overall community representation. <br />Roll Call <br />Ayes: Maschka, Schroeder, Kough, Klausing and <br />Kysylyczyn. <br />Nays: None. <br />Maschka moved, _seconded, approved of the draft of <br />staff's response dated November 2 2403 from the City to <br />Allina, encouraging relocation of their corporate <br />headquarters to Twin Lakes; incorporating language as <br />researched by Jim Casserly "City tax exempt financing <br />(pass- through bonding) or tax exempt revenue bonds (non- <br />general obligation revenue bonds) to the extent that is <br />legally and financially feasible." <br />Discussion ensued relayed to the various components of <br />the letter and consensus. <br />Al Sands, 2612 Aldine <br />Mr. Sands spoke in favor of responding to Allina as a way <br />of welcoming them to community if they want to come; <br />but recommended that the letter not be as specific as <br />outlined in the current draft, particularly as it related to <br />committing the City to use of condemnation proceedings. <br />With no else coming forward to speak on the Twin Lakes <br />Redevelopment Project, Mayor Kysylyczyn individually <br />reviewed each section of the letter to determine consensus. <br />Discussion ensued as follows: <br />Item 1 <br />No comment; consensus <br />Item 2 <br />Finance Director Chris Miller made <br />several distinctions in an effort to ensure <br />Council clarification of this Item and <br />ramifications to the City's bonding <br />reputation and implied endorsement. <br />Community Development Director Welsh <br />advised that further clarification of the <br />language related to the tax exempt <br />financing (p bonding) be <br />