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Page 3 - October 11, 2005 New Brighton Council Minutes Public Hearin2 lone onncil Business 1. Request Council to Establish the Date of December 13,2005 for a Public Hearing Regarding the expansion and Establishment of tax increment fmancing districts in the Northwest Quadrant. Report No, 05-223. Assistant Director of Conununity Development, ,David Black reconunended setting the date for a Public Hearing in order to give residents an opportunity to have any questions addressed. Council member Doffing requested the location of the area included in this tax increment district, David Black explained that TIF district #31 covers the southern portion of the west side of Old Highway 8, TIF district #32 covers the entire east side of Old Highway 8, about 100 acres altogether, tuncil Member Burg questioned when properties would be available for cupancy, Mr, Black responded it is anticipated availability about 2007. Council Member Doffing questioned if another update on the agreement would be presented to the Council between David Bernard Homes and Sherman and Associates, Mr. Black confinned, Council Member Burg questioned the extent of contamination on the Midwest Asphalt site, Mr, Black explained there has been extensive environmental testing and that the City has a good understanding of the environmental issues. The Minnesota Pollution Control agency has received and approved a plan submitted by the City relating to the remediation of the environmental issues, Council Member Burg inquired about what actions will need to be taken if the remediation costs are in excess of estimates. The City Manager, and Mayor stated in the event of elevated costs, they could seek .tate and federal assistance and determine appropriate steps. ~otion by Council Member Moore-Sykes, seconded by Council Member Hoffman to Waive the reading and approve the attached resolution setting December 13,2005 for a Public Hearing Regarding the expansion and Establishment of tax increment financing districts in the Northwest Quadrant. ouncH Business 1, Request Conncil to Establish the Date of December 13, 2005 for a Public Hearing Reganling the expansion and Establishment of tax increment financing districts in the Northwest Quadrant. Report No. 05-223.