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<br />. <br /> <br />. <br /> <br />. <br /> <br />~~ <br /> <br /> <br />Re ort Number: <br />A end a Section: <br />Re ort Date <br />Council Meetin <br /> <br />11- <br />o -O~-OCo <br />IO~1 O-QCLJ <br /> <br />the city that wo/*s for you <br /> <br />REQUEST FOR COUNCIL CONSIDERATION <br /> <br />ITEM DESCRIPTION: Public Hearing on the Establishment of Tax Increment <br />Financing District #33 <br /> <br />DEPARTMENT HEAD'S APPROVAL: Grant Femelius, Director of Community Develo/~ <br />CITY MANAGER'S APPROVAL: <br /> <br />No comments to su lement this re 0 <br /> <br />~omments attached <br /> <br /> <br />Recommendation: <br /> <br />Open and close the public hearing. <br /> <br />Legislative History: <br /> <br />September 26,2006 - Council approves term sheet for the sale of the property at 715 Old <br />Highway 8 NW to Timbercraft Enterprises, Inc. <br /> <br />August 22, 2006 ~ Council approves rezoning and comprehensive plan amendment for 715 and <br />721 Old Highway 8 NW and site plan review and general development plan for 715 Old <br />Highway 8 NW <br /> <br />August 22, 2006 - Council approves awarding bid to Roger Peterson Construction for the <br />demolition of715 and 389 Old lIighway 8 NW. <br /> <br />July 25, 2006 ~ Council determines that property at 715 Old Highway 8 NW is structurally <br />substandard. <br /> <br />June 13, 2006 ~ Council sets public hearing on August 8, 2006 for consideration of tax increment <br />financing district (later moved to October 10, 2006). <br /> <br />January 24, 2006 ~ Council authorizes Request for Proposals for site. <br /> <br />June 14, 2005 ~ Council authorizes purchase of715 Old Highway 8 NW. <br /> <br />Financial Impact: <br /> <br />None (see report under Council Business for impacts of establishing a tax increment financing <br />district). <br /> <br />l:\COUNCltlREPORTS\2006\Community Oevelopment\IO.1O.06\TlF #3> f1e.ring.doc <br />