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CC_Minutes_2004_0809
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CC_Minutes_2004_0809
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9/11/2007 2:18:13 PM
Creation date
2/13/2006 1:21:52 PM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
8/9/2004
Meeting Type
Regular
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'Twin Lakes Financing and tax rrioney <br />®ear Roger and Group, <br />l will try to do an outline of my arguments and concerns in writing before onday, but in <br />the meantime here is something I submitted to the Pioneer Press in response to their <br />editorial on the Twin Lakes project -- it explains some of my arguments and concerns <br />about the public financing proposal. lt's not just the gap strategies that the council needs <br />to talk about -- we seem to be assuming that T11= is appropriate for this project, and I <br />to the developers, the city will not get the benefit of any increased tax base for 25 or 3Q <br />years. <br />Amy <br />Cautg®n Nee ed ®n ®sevtlle edevel®p ent Pr®ject <br />In deciding whether to move forward on the proposed Twin Lakes redevelopment recently <br />endorsed by the Pioneer Press, the Roseville City Council's primary responsibility is to <br />protect the public interest. Roseville residents and business owners need to be aware that <br />developers Rottlund I-fomes, Roseville Properties, and Welsh Companies are requesting <br />more than X47 mull®n In publlc SubSldles, including tax increment financing. <br />1 of 5 x/9/2004 9:04 AM <br />
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