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<br />Page 4 - December 13, 2005 New Brighton Council Minutes
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<br />Motion by Council Member Moore-Sykes, seconded by Council Member Hoffman to
<br />modify the TIF District #31 (NWQ Special Law), Creation of Hazardous Substance
<br />Subdistrict #31A, Creation ofTIF District #32 (NWQ Special Law), and Creation of
<br />Hazardous Substance Subdistrict #32A.
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<br />5 Ayes, 0 Nays, Motion Carried
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<br />2.
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<br />Consideration of adopting the final 2006 Pro~l1:yTax Levies, ilie;<
<br />2006 Budgets, the 2006 Fee Register, andtQ~2006 Compensatidrr
<br />Plan. Report No. 05-271. Resolution NCh,PE);-:104, 05-105, 05-106,
<br />05-107,05-108. ... .
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<br />Dan Maiers, Director of Finance gave an overview of thgProP?~g.gffi~rty Tax
<br />Levy; outlining the 2006 General Fund Budget. . . ... ....
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<br />Council Member Burg questioned the commerc~p~~~~:~on F~~K'~r
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<br />.e City Manager explained that currently a comm...............e...r.....c. i~l'f;efi..............a..........s..................p,.......o.'............t.............y... ...e......t ~.~~.';.....a...............p......... proved;
<br />the City Attorney and Director of.~~r~.~and Recreatipn areiIltl1eprQcess..of completing a
<br />draft ordinance that will be pr~~'6.t~&JQ.C:l,)unci1 in ear1Y:2QQ6: . ... . . ..
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<br />.....Ii'<<<'.. ....................;;...;........ ..........I;ii<...;..
<br />Council Member Burg gl.l~~1ioned the possi~ility of usin~~e anticipated funds from future
<br />developments for replac~pl.~l1t in existing parks. .
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<br />Dan Maiers;.15if~.9t?r of Finance presented the estimated replacement costs and financing
<br />schedule for non"f1t?rtitems, with an estimation of annual increases over the next few
<br />years. The schedulel?~gxide~.astrategy for underfunding the non-fleet replacement
<br />schedule until 2009, wh~i1itW()'Uld then be overfunded until the financing plan corrects
<br />itself in 2014. ....
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<br />Council Member Burg expressed her discontent with the projected increase, specifically in
<br />ee area of Parks, and would prefer that park related items be replaced through the
<br />rkland dedication fund.
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<br />Council Member Doffing stated that 1 % of the levy is equal to approximately $65,000.00.
<br />Council Member Doffing reported that non-fleet replacement was $220,000.00, equal to
<br />3.41 % that could be removed from the levy.
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<br />2. Consideration of
<br />................. adopting the fina12006
<br />,......:;L. .... Property Tax Levies, the
<br />111.'2006 Budgets, the 2006 Fee
<br />.... .;'~ter, and the 2006
<br />Q::llPpensation Plan.
<br />RePqrt No. 05-271
<br />ResOlution No. OS-I 04,
<br />Resolution No. 05-105,
<br />Resolution No. 05-106,
<br />Resolution No. 05-107,
<br />Resolution No. 05-108.
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