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Home My WebLink About2001-07-11 TIF Commission MinutesRIVERSIDE TAX INCREMENT FINANCING COMMISSION PUBLIC HEARING (CONTINUANCE OF JUNE 27, 2001) MINUTES JULY 11, 2001 A Continuance of the Public Hearing was held for the purpose to further review the Tax Increment Financing Act and the Tax Increment Financing Process. The Riverside Tax Increment Financing Commission met to conduct a Public Hearing regarding the Gateway Redevelopment Plan on July 1 1, 2001 at 5:00 p.m. in the Riverside City Hall, 2950 NW Vivion Road, Riverside, Mo. Chairman Ron Super called the meeting to order and roll call was answered by the following members: Ron Super, Charles Burris, Brad Robertson, Betsy Hulen, Michael Short, Tim Weeks, Dr. Kent Jackson, Dr. Dennis Fisher, and Betty Knight. Absent was: Leland Finley. Also present was Mayor Betty Burch, Steve Crystal, Attorney, and Deborah Polk, Attorney. Attorney Steve Crystal provided documentation on "Tax Increment Financing Commission Policy and procedures manual" and "GATEWAY REDEVELOPMENT PLAN Missouri Tax Increment Financing: The Basics" Chairman Super requested public comments and questions from those in attendance: Rick Turner referred to map A: questioned area not shaded. Answer: this area is under L-385 TIF area. Michael Koska asked if area is considered in flood level. Also asked is that area considered blighted? Answer yes, and how a commission can consider an area blighted if it is still considered flood level. He presented a benchmark document of historical proof on flood areas. dole Campbell commented on the Business Journal article announcing Waddell & Reed interested in moving to Riverside. Asked who was aware of this. Sam Scarpino referred to page 2 item B asking why such a large area TIF rather than considering approval on a project by project basis. Cole Campbell asked did anyone in Riverside know about other businesses expressing interest in coming to Riverside. Ron Super informed all that prior to any decision a work session meeting will be held Beverly McWilliams asked why Residential area is included; Ju{}• I I, 2UUl Ms. Debra Polk Mr. John yfcCielland Armstrong Teasdale LLP 234 Grand Boulevard Kansas City, MO 64108-:617 Rc: Riverside Land Use Guidc Plan - n61492-2 Dear Debra and John: I have reviewed the Land Usc Guide Plan and the addendum to that document which serves as the comprehensive plan documenu for the City of Riverside. With refercace to the proposed TIF District the following are my observations: The Plan sets forth a number of goals as its primary functions- These goals state the general needs and desires for long-range planning in the Ciry. Among those, there are four in particular that stand out in support of the proposed Tff district. • The Growth goal that calls for "manaocd quality growth" within the city limits. • The Communiry Image and Identification Goal, which encourages an effort toward achieving a `Teasing image to residents and passersby", especially on main • thoroughfares. • The Economic goals which encourage the development of commercial businesses to deliver goods and services to the residenu of the community and Lti further assist the residents through taxation which ultimately creates infrastructure in the Ciry, and support the schools. • The Private Sector Goals, which outline specifically that the City should provide adequate opportunities for development in locations that are "attractive", and "convenienC'. I would like to rake an opportunity to discuss the proposed TIF district acrd its impacts with the mayor and Board of Atdcrman in a worlshop if posstble. Please contact me [o schedule this tf it is possible. Sincerely, BUTLER, ROSEN$URY &. PARTNERS, INC. ' J IJ Enclosures ~q M• ONW. AN Tm Pvtvgvt, NA Ifp OerOnn+. /E Ddylu Ia4r, A1w ~=KwwG MKnad o. w.weq IU oa~l nea, wu Andler wat wu screekAa„on s~ roo ss•os.zxr~ raey+~ a in-sine ~m s.~ Nr~ss-s rw ~~~,~,.. AdAYdus ~r~.d:r ~,. a~+ ru+ra a c..~r~+ Studio Laadec-Planning and Development /Principle e-' To: Flood Victims of Platte County and throughout Missouri A Moment of Your Time, Please. On August 12, 1993 a group of business and property owners from the flood zone of Riverside, Missouri listened to a sales pitch by Platte County Assessor, Betty Gregoire. Quoting Missouri state statutes, Ms. Gregoire stated that certain rules and quidelines would have to be followed if reassessment is to allow for a small temporary reduction in the property tax. She added that we must act soon as "Riverside will be rebuilt in three months, anyway" obviously unaware that it took at least seven years to completely recover from the Line Creek flood of 1973. Losses in Riverside and Northmoor from the Missouri River flood of 1993 have already exceeded $70 million and may run as high as $100 million. To even begin the recovery effort will require long-term assistance as well as fiscal relief which goes beyond the token and temporary. In addition, Betty Gregoire's appraisal of tYie situation overlooks one very important factor; Overall, property assessments in the affected area have been wrong from the very beginning. In this instance, the statutes she cited simply do not apply. Since 1951, the Assessors office has persistently applied appraisal standards applicable to non-flood zones to properties located within the benchmark of the great flood of that year. This has not only resulted in overpayment of taxes, it has also lulled many property owners into a false sense of security that they were not located in the flood plain. Now reality has set in that many properties have lost from 50o to 75% of their original, true, not over-appraised values. The State of Missouri and Platte County have been negligent in their over-evaluation of flood-plain properties. The fact that such properties cannot be valued as highly as non-flood areas demands that major tax relief be given to those who have been victimized by high taxes on top of high water. irTe demand redress for the years of overcharges, penalties and interest. Give us back the millions we have paid into an incorrect system. Remember, the statutory limits cited by the County Assessor do not apply when a deliberate pattern of negligence and intentional disregard of evalution guidelines exists. Concerned Citizens of Platte County ,'3 r~ im ~G ~~ r~ Y Waterline fr Benchmarks near jct. 69 & 71 Hwys. ~ '93. i'S1 Riverside, Mo. center of er ,i LI i 6 I i V ! _ _" ' Maj r ~-F'l~od ZoC~e P~opert ies m~ n , Land High water marks 1844, 1903 omitted. W/est South ~ orth East