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<br />City Council Regular Meeting - 12/05/05 <br />Minutes - Page 8 <br /> <br />City Attorney Scott Anderson arrived at this time; <br />approximately 6:53 p.m. <br /> <br />c. Ed Hodder, 1083 Shryer Avenue <br />Mr. Hodder questioned the expiration dates of Tax <br />Increment Financing (TIF) Districts; and whether those <br />funds could then be shifted into the General Operating Fund <br />budget. <br /> <br />Mr. Hodder also discussed the 2002 Property Tax Reform <br />legislation; residential market values; and future assessed <br />values. <br /> <br />Mr. Miller discussed recent decertification of several TIF <br />Districts; varying districts and expiration dates; the limited <br />size of the districts and small impact to the City's overall tax <br />base; and how little impact an individual homeowner would <br />expenence. <br /> <br />Councilmember Ihlan opined that one of the crucial items <br />not being addressed by the City Council was performance of <br />a fiscal impact analysis when a TIF District is considered; <br />and expressed her frustration that the Council didn't appear <br />interested in such an analysis. <br /> <br />d. Vince Long, 959 Lydia Avenue <br />Mr. Long expressed his appreciation ofthe City of Roseville <br />as a long-tenn resident; and acknowledged the pressure on <br />the City Council from all venues. <br /> <br />Mr. Long noted that "he was surrounded on all sides" for <br />levy increases for 2006 payable taxes; and that as an owner <br />of rental property, it translated to a total increase of 42% for <br />2006. Mr. Long discussed the major impact this <br />represented; in addition to the City's consideration ofrental <br />licensing fees and the overall impacts on his rental property. <br />