HomeMy WebLinkAbout2008-05-21 TIF Commission MinutesMINUTES
REGULAR MEETING
TAX INCREMENT FINANCING COMMISSION
RIVERSIDE, MISSOURI
Wednesday, May 21, 2008
5:00 p.m.
The Tax Increment Financing Commission for the City of Riverside, Missouri, met in special session in the Board of Aldermen
Chambers at City Hall, 2950 NW Vivion Road, Riverside, Missouri.
Those in attendance were Ron Super, Pamela Darata, Leland Finley, David Hurt, Betty Knight, Tom Pryor, Bob Weidt, Sarah
Wagner, and Deborah Polk, Armstrong Teasdale. Not in attendance were Dennis Fisher and Cy Houston.
2008oval of Minutes of May 27, Commissioner Tom Pryor moved to approve the minutes from
May 27, 2008.
Commissioner Pam Dazata seconded and the motion passed 7-0.
Resolution 2008-OS-01 Resolution Deborah Polk with Armstrong Teasdale explained to the
Approving the First Amendment tot commissioner that about a year and a half ago the TIF
eh Upper Gateway Mixed Use
Redevelopment Plan; and Commission approved the Upper Gateway Mixed Use Plan for
Approving Other Actions Related T.E. Woods project. The developer is requesting $170,000 for a
Thereto new waterline. About $130,000 will be recouped from lot fees
and from tap fees.
Commissioner Pryor asked what increase this would have on the
cost of the project.
Polk explained that there will be $170,000 increase in the cost of
the total project, but this will not increase the TIF assistance to the
project. This was originally a developer cost, but there has been
an increase in the size of the pipe needed for water flow for the
fire hydrants.
Commissioner Finley moved to approve Resolution 2008-OS-O1.
Commissioner Betty Knight seconded and the motion passed 7-0
Adjournment Commissioner Knight moved to adjourn.
Commissioner Finley seconded and the motion passed 7-0