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City Council Regular Meeting — 09/27/04 <br />DRAFT Minutes - Page 6 <br />4.a Approve Check Register (Consent Agenda Item 3.a) <br />A1 Sands, 2612 Aldine <br />Mr. Sands sought clarification of several checks listed on <br />the Check Register and more detail for their purpose. <br />• Page 17, Check #36148 in the amount of <br />$404,129.00 to Ramsey County Property and <br />Records Revenue Division for Tax Increment <br />Financing (TIF') District #14 (CSM Corporation); <br />noting that TIF District # 14 was decertified in 2002. <br />Finance Director Chris Miller clarified that, when the City <br />decertifies a TIF District, unspent proceeds were required <br />to be returned to the taxing jurisdictions (i.e., Ramsey <br />County, School District, City of Roseville, and the <br />Metropolitan Council). Mr. Miller noted that upon receipt <br />by Ramsey County of the entire proceeds, the County <br />would allocate to the appropriate jurisdiction their share. <br />Mr. Miller anticipated that the City's eventual share of the <br />reimbursement amount would be approximately <br />$75,000.00. <br />• Page 25, Check #36309 in the amount of $1,548.75 <br />to Ehlers & Associates, Inc. for TIF Economic <br />Development, professional services. <br />Finance Director Miller clarified that this payment for <br />professional services was related to the City's TIF District <br />at Center Pointe, and was an annual fee split between the <br />City and Ryan Companies. Mr. Miller advised that, due to <br />the complexities of the formula, changes in and <br />interpretation of State law, and other issues, it was <br />stipulated in the Development Agreement between the City <br />and Ryan Companies that a third-party, independent <br />evaluation by a consultant would be used annually to audit <br />the fee structure. <br />Maschka moved, Ihlan seconded, approval of the following <br />claims and payments as presented. <br />Agenda <br />Approve Check <br />Register <br />