HomeMy WebLinkAbout1995 09-18 CCM Special Work Session MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL
OF THE CITY OF BROOKLYN CENTER IN THE COUNTY
OF HENNEPIN AND THE STATE OF MINNESOTA
SPECIAL WORK SESSION
SEPTEMBER 18, 199
INN ON THE FARM
CALL TO ORDER
The Brooklyn Center City Council met in special work session and was called to order by Mayor
Myrna Kragness at 7:13 p.m.
ROLL CALL
Mayor Myrna Kragness, Councilmembers Carmody and Hilstrom. Also present were Director
of Community Development Brad Hoffman, and Council Secretary Connie Beckman.
Councilmembers Barb Kalligher and Kristen Mann were absent.
TAX INCREMENT FINANCING PRESENTATION
A presentation was made by Sid Inman and Mark Ruff of Publicorp regarding Tax Increment
Financing (TIF) basics. Basically, a tax increment is related to the incremental value increase
of a given property when additional improvement(s) is /are done to that property which increases
its value. The property's present value is the most important when evaluating use of a TIF.
Mr. Inman and Mr. Ruff provided written and verbal information on the following: implications
of TIF, general background, and current happenings in the area(s) of TIF terminology relating
to TIF and how it relates to projects and /or districts; names of the five different districts, their
qualifications, and term and restrictions: how an increment may be used and works; types of
financing; and local government aid penalty.
Questions posed by Council members to Mr. Inman and Mr. Ruff were answered and additional
insight provided accordingly by the Director of Community Development.
OTHER BUSINESS
EARLE BROWN MNIMONS
Councilmember Hilstrom informed those present about information being turned over to City
staff relating to the Earle Brown Commons Limited Partnership II.
MISCELLANEOUS CITY DEVELOPMENT PLANS /ISSUES
The Director of Community Deveiopment talked about plans and process of assigning various
City staff to respective development projects. He indicated this would bene;it the City in
addressing numerous projects at the same time.
9 /IQ /9- 1
Councilmember Carmody questioned the Director of Community Development regarding
prioritizing of projects and existence of a related master plan. The Director of Community
Development talked about his plan of action and associated reasoning behind certain project
decisions.
Councilmember Hilstrom requested information be disseminated to Council members comprised
of a brief statement or synopsis as RFPs or newsworthy items happen.
Councilmember Hilstrom also asked about installing a street lamp in the Willow Lane area and
about excessive water standin- in the street at 6th and Brooklyn Boulevard. The Director of
Community Development will follow up. A potential project located at 63rd and Brooklyn
Boulevard was discussed.
The Director of Community Development informed Council that Brookdale will be going to
auction on September 29, 1995.
ADJOURNtitENT
A motion by Councilmember Hilstrom and seconded by Councilmember Carmody to adjourn
the meeting passed unanimously. The Brooklyn Center City Council adjourned at 8:55 p.m.
Deput Cite Clerk p 4 Mayor
Recorded and transcL'bed bv:
Connie Beckman
Tim-'&Iver Off Site Secretarial
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