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ROSEVILLE PLANNING COMMISSION September 11, 1991 Paget 5 concern that the program is limited to one bank, concern that the community reinvestment act would require the program to be done anyway, concern that there appeared to be no correlation with need, concern that the loans were going to income levels above the Roseville average, concern that the program was not consistent with legislative intent of tax increment financing, concern that there is no criteria for governing use of the funds, concern for the safety of the loans and the risk to the City, whether the program would sunset and the boundaries returned to existing once the money is expended, and the need for review and evaluation of the program to insure that it is meeting its goals. MOTION Roberts moved and Harms seconded a motion that the proposed changes are consistent with the City's comprehensive plan and that it is the expressed opinion of the Planning commission that the expansion of the plan should be implemented. The following comments were offered: 1. That the use of funds be restricted to focus on the rehabilitation of housing stock within the community. 2. That an annual audit be done to insure that the program is meeting City goals. 3. That due diligence be completed concerning legality of the program. 4. That the Council consider a more competitive bid process with other banks to run the program. 5. That a written plan be prepared. 6. That the funds go to the highest need. Roll Call: Ayes: Goedeke, Harms, Thomas, Roberts, Stokes, DeBenedet Nayes: None P1anninq File 2342 Clutch and Transmission request for variance to the zoning ordinance at 2785 Long Lake Road. PRESENTATION Carlson summarized the proposal and the history of the site. Discussion Issues discussed included the concern that there should be a