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Regular City Council Meeting Monday, December 17, 2007 Page 14 Councilmember Ihlan noted that she intended to vote to allow the district to de- certify at the end of 2007, opining that the district had fulfilled its obligations, and there was no longer any need to keep funds from the City's General Fund, the School District or Ramsey County. Councilmember Ihlan further opined that, given past history in Twin Lakes, should environmental clean up cost remediation be indicated, those funds could be taken from the Twin Lakes District, not from funds of another district; along with identifying and strongly-encouraging respon- sible, polluting parties to pay those costs. Mayor Klausing opined that, his impression was that revenue streams were ex- tremely limited with previous Twin Lakes redevelopment projects to project a workable cash flow situation, requiring additional funding other than the existing Twin Lakes TIF District. Mr. Miller advised that, in his review of past proformas, they all indicated very thin margins. Mr. Miller noted that staff will continue to assess infrastructure costs and a model to allocate those costs among future developers. Councilmember Kough spoke in support of getting the Twin Lakes area cleaned up, and redevelopment that would make the City proud. Mayor Klausing opened and closed the Public Hearing at 8:31 p.m., with no one appearing for or against. Roe moved, Kough seconded, adoption of Resolution No. 10581 entitled, Resolu- tion Adopting Amendment by Supplement to Various Plans and Programs;" ex- tending the duration of the District for an additional two (2) years. Mayor Klausing spoke in support of the motion, with some reservations, unsure of whether the existing Twin Lakes district would be sufficient; however, noted that if so, monies could be refunded and for the time being, could provide an addi- tional tool for funding flexibility. Councilmember Roe spoke in support of the motion; noting the discussion held at the Planning Commission level, and the flexibility of this potential tool and re- funding the increment to taxing authorities if not used. Councilmember Pust spoke in support of the motion; opining that it was basically a timing decision with potential funding for public purposes; and if not, refunding to taxing jurisdictions, and had the potential to effectively enhance redevelopment in the community. Roll Call Ayes: Kough; Roe; Pust; and Klausing. Nays: Ihlan. Motion carried.