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HomeMy WebLinkAbout1999-04-07 TIF Commission MinutesMINUTES TAX INCREMENT FINANCING COMMISSION APRIL 7, 1999 The Tax Increment Financing Commission for the City of Riverside, Missouri, met in reconvened session of the Public Hearing advertised and begun on March 18, 1999, on April 7, 1999, at 7:30 p.m. in the meeting rooms at the Riverside Community Center, 4498 NW High Drive, Riverside, MO 64150. Chairman Ron Super called the meeting to order and the following members responded to roll call: Ron Super, Michael Short, Diza Eskridge, Al Tunis, Tim Weeks, and Bill Bright. Also present were: Steve Crystal, City Attorney; Deborah Polk, attorney; and Ann Daniels, City Administrator/Secretary to the Commission. A motion was made by Al Tunis, seconded by Diza Eskridge, that the minutes of the March 18, 1999, meeting be approved as printed. Motion carried unanimously. Chairman Super re-opened the public hearing on the consideration of amendments to the L-385 Levee Redevelopment Plan. Steve Crystal presented an overview of the Plan Amendments as revised, and informed the Commission members that the real estate surveys had been finalized for submission with the Petition to the Courts; the Plan of Reclamation has been approved by the Levee District; and that the main amendments to the proposed Resolution were due to adding the areas which resulted from the final survey information which were not included until the survey work was completed. Crystal reported that no further discussion had taken place with representatives from Trillium but that the project would, indeed, go forward with or without their participation. Al Tunis stated his strong preference that the Commission and the City not wait on Trillium but move forward with the project without their response. Consensus supported this statement and Crystal will share that information with the Board of Aldermen. Following a limited discussion by the members of the Commission, a motion was made by Al Tunis that Resolution 99-03-01, being titled "RESOLUTION OF THE TAX INCREMENT FINANCING COMMISSION OF RIVERSIDE, MISSOURI AMENDING THE L-385 LEVEE REDEVELOPMENT PLAN (THE "PLAN") INCLUDING INCREASING REIMBURSABLE PROJECT COSTS RELATED TO REDEVELOPMENT PROJECT I (L-385 LEVEE), APPROVING THE INCLUSION OF THE REDEVELOPMENT PROJECT 2-PHASES G, H, AND 2 WITHIN THE PLAN; APPROVING THE DESIGNATION OF THE REDEVELOPMENT PROJECT I=PHASES G, H, AND 2 AREAS; APPROVING THE ADOPTION OF TAX INCREMENT FINANCING FOR THE REDEVELOPMENT PROJECT I-PHASES 6, H, AND I AREAS TO PROVIDE FUNDS FOR REDEVELOPMENT PROJECT I; APPROVING THE CONSTRUCTION AND REIMBURSEMENT OF AND TAX INCREMENT FINANCING FOR ADDI'_IONAL PUBLIC WORKS CONSISTING OF AN Interchange AND ROAD IMPROVEMENTS AS REDEVELOPMENT PROJECT II AND ESTABLISHING AN ORDER OF PRIORITY.", be adopted. The motion was seconded by Diza Eskridge and the vote was unanimous. The Resolution was adopted. With no further business to come before the Commission, the meeting was adjourned by the Chairman at 8:50 p.m. ~lilyi~/ ~~ L4~° yc ~% Ann Daniels, Secretary TIF Commission