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CC_Minutes_2003_0804
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CC_Minutes_2003_0804
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7/17/2007 9:36:06 AM
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4/13/2006 1:30:01 PM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
8/4/2003
Meeting Type
Regular
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<br />Regular City Council Minutes - 08/04/03 <br />Page 18 <br /> <br />Mayor Kysylyczyn cautioned the public and political <br />candidates from making grandstanding statements and <br />creating a public stir prior to having the facts before them; <br />reminding the public that the MOD was simply the basis <br />for a starting point for discussions, citing recent <br />misrepresentations to the public regarding the proposed <br />Twin Lakes development project. <br /> <br />Ayes: <br />Nays: <br /> <br />Roll Call <br />Klausing, Schroeder, Maschka and Kysylyczyn. <br />None. <br /> <br />At the request of Mayor Kysylyczyn related to a projected <br />time frame, Ms. Ahrens anticipated public discussions <br />could proceed this fall, but was dependent on many <br />aspects of the proj ect, and all parties wanted to be in <br />agreement prior to bringing the project forward. <br /> <br />VIII. Reports and Recommendations <br /> <br />A. Applewood Pointe (Arona Project), Use of Land Sale <br />Proceeds and Use of Proceeds from this Existing Tax <br />Increment Financing District #12; Housing and <br />Redevelopment Authority (HRA) Request for Use of <br />Funds <br />Ms. Cathy Bennett, Economic Development Specialist <br />provided background related to previous Council requests <br />for clarification on the ability to use the proceeds from the <br />sale of the Arona site and future tax increment generated <br />from existing Tax Increment Financing District No. 12 <br />(Arona site), created in 1991 with increments available <br />until 2015. <br /> <br />Ms. Bennett advised that, given the complexity of required <br />discussion to determine the possible need to amend the <br />Tax Increment Financing Plan, staff was recommending <br />dedication of approximately one (1) hour of meeting time <br />to discuss this issue alone. <br /> <br />Reports and <br />Recommendations <br /> <br />Applewood Pointe <br />(Arona Project), <br />Use of Land Sale <br />Proceeds and Use <br />of Proceeds from <br />this Existing Tax <br />Increment <br />Financing District <br />#12; Housing and <br />Redevelopment <br />Authority (HRA) <br />Request for Use of <br />Funds <br />
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