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2003_0915_packet
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2003_0915_packet
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City Manager's Rocommendatians Regarding City Use of the Proceeds from the Arona <br />Project and the Amount of an HRA Tax Lary <br />LIRA, the LIRA should be able in 2004 not just to maintain but moder- <br />ately to improve City government :s investment in improving Roseville <br />housing: <br />Third, as a general principle, I believe the new HRA should pretty much <br />walk forward with existing housing programs at existing funding levels r <br />and create a track record and some success stories — before it runs to- <br />ward new, higher levels of funding for housing programs in Roseville. <br />Establishing credibility is key to council and community acceptance of <br />the HRA. credibility is more likely to be created with steady, moderate, <br />and measured progress. <br />Fourth, the city of Roseville is not levying to the maximum with our local <br />property tax; neither should the Roseville LIRA. <br />II W4 q Al iLOIS I- f4i rou <br />For these reasons, I recommend <br />1. Using the 1.3 million in Arona land sale proceeds for a Roseville <br />community Center <br />2. Using the Arona TIF increment to cover, first, city development <br />costs for Arona's Applewood Pointe and, if there is sufficient TIF <br />increment remaining over the life of the Arona TIF District, also to <br />support workforce housing on the Arona parcel; and <br />3. That the City council approve a $200,000 HRA tax levy for 2004, <br />not the maximum $490,000 levy w <br />Respectfully submitted, <br />Neal Beets <br />r04 <br />0 <br />
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