Laserfiche WebLink
Minutes of the Regular Meeting of Council <br />Monday, September 15, 2014 <br />Page 11 <br />Mrs. Mills, seconded by Mr. Jerome, made a motion to extend the TIF for Skoda Minotti <br />properties for property tax year 2014. <br />Council President Buckholtz asked, any questions? There were none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None TIF Extended <br />Motion to extend the TIF for Ileinen's for property tax year 2014. <br />Mrs. Mills, seconded by Mr. Marquardt, made a motion to extend the TIF for Heinen's for <br />property tax year 2014. <br />Council President Buckholtz asked, any questions? There were none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None TIF Extended <br />Motion to extend the TIF for 700 Beta Drive for property tax year 2014. <br />Mrs. Mills, seconded by Mr. Jerome, made a motion to extend the TIF for 700 Beta Drive for <br />property tax year 2014. <br />Council President Buckholtz asked, any discussion? There were none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None TIF Extended <br />Mayor Rinker asked Mr. Wynne to ballpark the aggregate of those five TIFs. <br />Mr. Wynne replied, it's about $900,000 a year. <br />Mayor Rinker stated, I don't expect you to have it now, but if you would be able to portion out of <br />that number the Skoda Minotti, the 700 Beta Drive and the component of Progressive that is on <br />Beta Drive. I would be curious to see what those three aggregate for that area. <br />Mr. Wynne replied, I can tell you the Progressive one on Beta has no TIF value because the TIF <br />is entirely on the second campus. I will get back to you on the other ones. <br />Mrs. Mills asked, could we reflect in our Minutes that the Minutes from the Tax Incentive <br />Review Corrunittee stressed that they were very fortunate that Ron Wynne presents information <br />in a concise and exacting manner. Very good. When I read this report, you did an excellent job. <br />