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HomeMy WebLinkAbout1995-11-27 TIF Commission MinutesRIVERSIDE TAX INCREMENT FINANCING COMMISSION NOVEMBER 27, 1995 MINUTES Members Present: Betty Burch, Jim Davis, Diza Eskridge, Jimmy Karr, Ron Super, Al Tunis, Jim Wedua, Tim Weeks, and Ed Young Also Present: Richard King, Tony Curp, Dan Peak, Marty Zhirschky, Nancy Jack, Don Witt, Dick Smith, and Ann Daniels The meeting was called to order by Chairman Ron Super at 7:05 p.m. Roll call was answered by all members. A motion was made by Al Tunis, seconded by Diza Eskridge, that the "Resolution of the Tax Increment Financing Commission of Riverside, Missouri, expressing its recommendation to the Board of Aldermen of Riverside, Missouri, that i~ not approve the Riverside-Quindaro Levee redevelopment Plan" be adopted. Roll call vote was answered as follows: Diza Eskridge Aye Al Tunis Aye Jim Wedua Nay Betty Burch Aye Jim Davis Aye Ed Young Aye Jimmy Karr Aye Ron Super Aye The motion passed with a favorable majority of 8 to 1 negative. The Resolution will be forwarded to the Board of Aldermen for their consideration on December 5, 1995. Diza Eskridge distributed statements of the Platte County Commission's stand on the issue. Betty Burch expressed her sentiments that the investment figures did not demonstrate an adequate return on the investment per acre. She further stated she could better support the proposal if Trillium had contributed more financial commitment. Jim Wedua stated he felt the City was passing up the last opportunity it might have for funding of the levee and removal of the problems created by the flooding. Mayor Burch stated she was committed to making the levee a reality and would continue to work on other sources of funding. This recommendation will be presented to the Board of Aldermen at their regular meeting on December 5, 1995. A motion to adjourn was made by Jim Davis, seconded by Al Tunis, and the meeting adjourned at 7:30 p.m. r ~~ " ~~ l%`~~ .,/~.~~.~~. Ann Daniels, Secretary TIF Commission