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MEDINA CITY COUNCIL SPECIAL MEETING MINUTES OF MAY 17, 2005
The City Council of Medina, Minnesota met in special session on May 17, 2005 at 6:05 p.m. at
the Medina City Hall. Mayor Bruce Workman presided.
Members present: Brinkman, Weir, Workman, Cavanaugh, Smith
Members absent:
Also present: City Administrator Chad Adams, City Planner Rose Lorsung, Police Chief Ed
Belland, Public Works Director Jim Dillman, City Engineer Tom Kellogg, City Attorney Ron
Batty.
Work Session — Elements of Public Financing for Public Improvements — Ryan Companies
Adams provided an overview of the purpose of the meeting and to refresh the Council with the
TIF projections, as well as an update on the scope of the public improvements for the Ryan
Companies project. Staff is seeking direction on the use of developer contributions, special
assessments, TIF, or other sources of financing the public improvements related/affected by the
project.
Callister provided an overview of the most recent TIF runs and explained that the $1.45 million
of TIF to be generated over 10 years from the project is a present value figure. The $1.45
million has previously been discussed as an option for assisting with the completion of public
improvements desired as part of the Ryan Companies proposal.
Discussion was held on the use of special assessments. Staff stated they did not hear in previous
work sessions that special assessments would be used on this project, or for benefited properties
that would be affected by the public improvements. There was consensus that the Council did
want to use special assessments, primarily as extra security if TIF and the developer do not
provide the necessary dollars required to fund the public improvements.
Smith motioned, Weir seconded to direct staff to prepare a feasibility report, and hire an
appraiser up to $10,000 to determine the benefited properties. Unanimous approval.
Batty reminded the Council that a general business subsidy policy still needed approval. The
policy is set for a public hearing on June 7th.
Smith asked that staff look into creating a commercial PUD west of the Ryan/ballroom area.
Adjournment
Smith moved, Weir seconded to adjourn. Unanimous approval. The Special Council meeting
was adjourned at 6:55 p.m.
Attest:
P
ce D. Workman, Mayor
Chad M. Adams, City Administrator -Clerk
Medina Special City Council Meeting Minutes
March 29, 2005
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Medina Special City Council Meeting Minutes
March 29, 2005