1985-12-19 - Laserfiche WebLink

Home Browse Search

Council Meeting Minutes December 19, 1985 I As there were no questions from councilor the audience, motion by Harcus, seconded by Benke, to CLOSE THE PUBLIC HEARING. 4 Ayes - 0 Nayes, Motion Carried ~~otion by Blomquist, seconded by Harcus, to WAIVE TH:: READHJG I~ND ADOPi A RESOLUTImJ i'lPPRO'JliiG THE Ei~U'IRGEr1E:H or DEVELOPf1ENT DIS- TRI CT NO. 1 t\t~D THE i'lf1ENm1EiH OF THE i~OOF lED DEVELOPt1ENT PROGRAM RELATHlG THERETO, THE AHHlDt1Etn OF TAX INCRH1ENTF INANC LNG PLANS FOR TAX INCREr'1ENT FINANCWG DISTRICT NO.1 THROUGH NO.8 TO RE- FLECT INCREASED PROJECT COS TS, THE FURTHER Ai~ENDt~ENT OF TAX INCREMENT FINANCING DISTRICTS NO.1 THROUGH NO.4 TO EXTEND THE DURATION OF SAID DISTRICTS Arm ESTABLISHING TAX INCREt~ENT FINAN- CING DISTRICTS NO.9 AND NO. 10 AND APPROVING THE TAX INCREMENT FINANCING PLAN RELATING THERETO. 4 Ayes - 0 Nayes, Motion Carried Winkels reviewed staff report concerning preliminary approval for $5,200,000 in Industrial Revenue Bond Financing for Cohasset In- vestments (Taylor, et all for 54,000 square foot office building at Highway 96 and Old Highway 8. I As there were no questions or comments from councilor the audience, Janecek moved, seconded by Slomquist, to CLOSE THE PUBLIC HEARING. 4 Ayes - 0 Nayes, Motion Carried ~otion by Slomquist, seconded by Janecek, to WAIVE THE READING AND AOOPf A RESOLUTION GIVING PRELIMINARY APPROVAL FOR $5,200,000 IN INDUSTRI AL REVENUE BOND F INANC LNG FOR CO~ASSET INVESTt1ENT. 4 Ayes - 0 Nayes, Motion Carried Council 3usiness Margery Otto, attorney for Maurice Filister, reviewed her client's concerns regarding the method of sewer billing a~d believes it unfair that industry is paying a proportionately lower fee. Harcus stated he would also like to see the sewer rate come down and bel ieved there could be a sa,vings on a bill and possible a a savings on the part of the city, but suspects that the number of people per houshold would not be much different than 1.9, and is willing to refer the issue to the City's Financial Policy Advisory Board to look at the feasibility of changing the rate structure. I In response to Harcus's quest lon, ~gan stated the mlnlmum on the water has remained constant although the consumption it repre- sents has gone down. Page Two $5,200,000 IRS's Cohasset Invest- ments (Taylor) Report 85-358 7:36-7:37pm Counc i 1 Bus i nes s Proposed Utility Fund Financing Report 85-359