HomeMy Public PortalAbout12/27/84 Special CCM1.8 U The Council of the City of Medina met in Special Session
1984 at 7:30 P.M.
Present: Mayor, Thomas Anderson; Councilmembers, Anne Heideman,
Reiser, Wilfred Scherer; Clerk -Treasurer, Donna Roehl;
1. INVESTMENT INFORMATION
Council discussed information presented by Donna Roehl in connection with the
of the bond proceeds amounting to approximately $700,000.
2. DICKEY NATURAL SYSTEMS, INDUSTRIAL REVENUE BONDING,
President, Patricia Dickey explained several businesses
renting space in their building at 2705 Hamel Rd.: Fred
construction company and a wholesale lumber company.
Moved by Crosby, seconded by Reiser to close the Public
Motion declared carried
Moved by Crosby, seconded by Reiser to adopt Resolution
the Dickey Natural Systems Industrial Revenue Bonding.
Motion declared carried
on Thursday, December 27,
Thomas Crosby, William
Engineer, Glenn Cook
investment
PUBLIC HEARING, 7:35 P.M.
that have expressed interest in
Poisson, woodworking; A steel
Hearing.
84-108, preliminary Approval to
Moved by Crosby, seconded by Heideman to authorize the Mayor and Clerk to sign the necess-
ary documents granting preliminary approval to the Dickey Natural Systems IRB.
Motion declared carried
3. CARTER-TURNQUIST SUBDIVISION
Moved by Crosby, seconded by Heideman to authorize the Mayor and Clerk to sign, on behalf
of the City, the Carter-Turnquist Roadway AGreement, that is an acceptable variation of
the September 10, 1984 draft, as per the opinion of the City Attorney and City Staff.
Motion declared carried
4. TAX INCREMENT AND ECONOMIC DEVELOPMENT DISTRICT
Glenn Cook presented a map depicting a possible Economic Development District.
Thomas Crosby explained that the district could be amended to include additional areas
and that the district needs to be designated soon because of the Twin City Monorail Build-
ing Permit being issued October 31, 1984.
Moved by Heideman, seconded by Crosby to designate an Economic Development District accord-
ing to map presented by Glenn Cook, including the Twin City Monorail property.
Motion declared carried
Glenn Cook stated that a Tax Increment District is formed after the Development District.
Council discussed various options for designating districts and which properties to include.
Moved by Heideman, seconded by Crosby to designate approximately 80 acres for Tax Increm-
ent District # 1 to include the properties of Dickey Natural Systems, 40 acres of the
Hetman property and the Walter G. Anderson property; all in the vicinity of Hwy. 55 and
Willow Dr.
Motion declared carried
Council discussed the possibility of paying for the storm sewer project from a taxing
district and using tax increment from one district in another district.
Moved by Heideman, seconded by Reiser to designate Tax Increment District # 2 by including
two parcels owned by Twin City Monorail.
Motion declared carried
Moved by Heideman, seconded by Crosby to direct Ehlers and Associates to prepare a report
regarding the Economic Development District and the Tax Increment Districts.
Motion declared carried
Moved by Heideman, Seconded by Scherer to hold a Tax Increment Public Hearing on January
29, 1985 at 7:30 P.M.
Motion declared carried
5. HEALTH AND LIFE INSURANCE
Moved by Heideman, seconded by Scherer to table the Health and Life Insurance matter
until January 2, 1985.
Motion declared carried
1
6. FUND TRANSFER
Moved by Heideman, seconded by Scherer to transfer $5000 from the General Fund
to the Special Police Fund to be used for PERA purposes.
Motion declared carried
Moved by Heideman, seconded by Scherer to adjourn.
Motion declared carried
Meeting adjourned at 9:00 P.M.
Clerk -Treasurer
December 27, 1984