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04-07-1981 HR MIN IlkulUSIPJ1 krn RFDFVET NT .AUTL'0RTTY "71,ETPIC, "I"'UTS FELT) AT THE ELK RIVER PUBLIC LIPRARY APRIL 7, 1981 "embers Present: Commissioners Schumacher, Busch, Hinkle, and Duitsman Also Present: Bob Middaugh, City Administrator 1. Meeting Called to Order The meeting was called to order by Chairman Schumacher at 8:10 p.m. 2. Minutes The minutes of the March 18, 1981 meeting were approved as circulated. 3. Agenda Additions to the Agenda were: Election of Vice-Chairman, and Dave Sellergren's report on Proposed Legislation Affecting the BRA. fit. Election of Vice-Chairman Due to a tie at the March 18 meeting nominations were again proposed. Commissioner Duitsman nominated Commissioner Finkle. Commissioner Finkle nominated Commissioner IIIToth. Commissioner Busch seconded and closed the nominations. Ballots were taken and Commissioner Tinkle was elected Vice-Chairman. 5. Open Forum No one wished to address the Authority. 6. Dave Sellergren, Report on 'Proposed Legislation Affecting the HRA. Mr. Sellergren undated the Authority on bills in the Fouse and Senate regarding Revenue Ponds, Tax increment and other bills. On ?evenue Bonds, he said there is a Douse bill (File 22) in the Urban and T.ocal Affairs Subcommittee, but it does not propose any maior revisions. The Senate's bill (File 711 tightens requirements in the areas of Cities setting up guidelines for eligibility and more detailed reporting on bonds issued. Basically, File 71 is a housekeeping bill and unless tacked onto another bill should remain the same. Fe did, 1-o?never, say that there will be up- coming bills in the next 18 to 20 months that might make some major changes. On • Tax Increment Finance, there is a ma4or Senate hearing on this on April 8. Fe said there are eight or nine bills on the Senate side and companion bills on the Fouse pave 2 6. (Cont) side. There was a bill passed by the Urban and Local Affairs Subcommittee with no great changes except there will be severe restrictions on the use of increment funds for raw land. Funding for raw land development is going to be available under only extreme circumstances. It also tightens up requirements for FR4 determination of findings to make authoriv'd tax increment financing and to maintain more con- nection with the County Poard. The Senate has a number of bills which range from eliminating tax increment financing, to making all action taken by the RRA an ordinance (rather than resoluction and that ordinance be subject to referendum to limiting use of tax increment financing to pay for any time of utility construction. They want the cities to a9ess for utility improvements. 7. fefinition of u9n pole in the nowntown .Area and the Role of the nowntown Task Force Zack Johnson discussed the attached memorandum. On Item 1 he felt that within 2-5 years there will be a major shocning center on uighway 169 which will have a major impact on the downtown area. He said a lot of businesses will cove out of the down- town area creating empty shops which would create a real problem. Item 2, he slid that the impact of a major shopping center could be alleviated by staging the devel- opment of the shoo sing center to coordinate withthe downtown redevelonment. One of the tools to be used w's the p.U.'% plan set up by the Ordinances. Item 1- yr. Johnson has talked with Buffalo and Princeton regarding their redevelopment clans. poth are satisfied with their clans which are detailed as to the time of use and design controls on a ner block basis. nave Sellergren cautioned the Authority against designating tax increment districts too soon, citing Chanhassen who has had a plan on the books for 1-1, years and is lust now getting going. Zack Johnson stated that it is disadvantageous to let the 'arivate sector do the clann ng because current rates make it imcossitle for thrm to do this and the city then has no control over what goes where. Financing a redeveloament clan was discussed. Mr. Sellergren said the Authority has several options to finance this plan; (1) l a tax certificate for next yearts taxes, (2) take it from the general fund, (3) borrow the ?age 3 7. (Cont) money. After further discussion it was decided Chairman Schumacher would go to the OilCity Council and request funding. COWISSIONER DUITSMAN MOVED To HAVE CHAIRMAN SCHUMACHER GO TO THE CITY COUNCIT. TO RE' VEST FUNDING 4ND AUTF1RIZATI)N FOR A REDEVELOPMENT PLAN. COmmISSI°NER PUSCH SECONDED THE VOTION, MOTION CARRIED 4-0. The general area decided on for a redevelopment plan is bounded by Morton Avenue on the West, the River on the South, Cates on the East and Fourth or Fifth on the North. Mr. Sellergren stated he has had several calls from developers regarding the pro- cedure to get through the FHA. C0wISSInNFR DtTITSMAN VOV"D TO H VF mR. cFT,T r?roEN DRAFT A PROCEDURES Ain) CRITERIA FOR THE uRq. CommISSIONRP uTNKTE SEC1NnEn THE mrTION. MOTION CARRIED 4-0. The role of the Doontown Task Force was discussed at length. The Authority would like to have them work closely with the authority and provide input at meetings, Allinput on specific areas needing i'-orovements and what the businesses would like to see lone with the downtown area, 'r. Middaugh will draft a resolution for the Authority for the next meeting. The Task Force also stated that they look to the Authority as the instigator of the Redevelopment ?lan because the Downtown Task Force does not have the authority to make of ns with regard to streets, narking and traffic flow patterns. commissioner winkle brought the Authority up to date on the replacement of the old 101 Bridge and the action taken at the last City -ouncil meeting. 8. Adjournment The meeting was adjourned at 10:3n p.m, Respectfully Subm= tted• QC ----k-' . 1 di