HomeMy WebLinkAbout1998-11-04 TIF Commission MinutesMINUTES
TAX INCREMENT FINANCING COMMISSION
NOVEMBER 4, 1998
The Tax Increment Financing Commission met 5:00 p.m. on Wednesday,
November 4, 1998, at the City Hall Annex, 4712 NW Gateway,
Riverside, MO.
Those present were: Bill Bright, Jim Davis, Diza Eskridge, and Tim
Weeks. Absent were: David Brenner, Jimmy Karr, Phil Krause, Kent
Jackson, Michael Short, Ron Super, and Al Tunis.
There being no quorum present, the meeting was not called to order.
An informal review of three issues were led by TIF Attorney Steve
Crystal and Deborah Polk. Those matters were as follows:
1. Answers supplied to a list of questions formulated
by Al Tunis and Tim Weeks on behalf of the School
District were reviewed. Clarification was requested
from the TIF attorneys on some questions. Mr. Tunis
had asked these questions and Mr. Weeks was unable
to interpret the question. Mr. Crystal will follow
up with Mr. Tunis.
2. A cursory study of the Internal Rate of Return document
information provided by the Trillium Corporation was
held.
3. A proposal was reviewed from John P.Stacy, of J.P. Stacy
& Co., giving a fee and scope of services for consulting
services to review the material presented in the Internal
Rate of Return documents.
The consensus of those members present concerning the proposal
received from John P. Stacy, was that the proposal should be
accepted and the funding come from previously budgeted line items
for consulting services included in the levee funding agreement.
A meeting was set for 5:00 p.m. on Monday, November 30, 1998, at
the City Hall Annex. Members will be asked to come prepared to
make some firm commitments and recommendations that can be
forwarded to the Board of Aldermen for their action on December 1,
1998, if the project is going to remain on its anticipated time
schedule.
The group dispersed at 6:10 p.m.
Ann Daniels, Secretary