HomeMy WebLinkAbout2019-05-28 City Council Workshop Packet
PLEASENOTESTARTTIMEIS5:30P.M.
PLEASENOTESTARTTIMEIS5:30P.M.
AGENDA
MAPLEWOOD CITY COUNCILWORKSHOP
5:30P.M. Tuesday,May 28,2019
City Hall, Council Chambers
A.CALL TO ORDER
B.ROLL CALL
C.APPROVAL OF AGENDA
D.UNFINISHED BUSINESS
None
E.NEW BUSINESS
1.TIF Management Plan and Development Projects Discussion
F.ADJOURNMENT
R ULES OF CIVILITY FOR THE CITY COUNCIL, BOARDS, COMMISSIONS AND OUR COMMUNITY
Following are rules of civility the City of Maplewood expects of everyone appearing at Council
Meetings -elected officials, staff and citizens. It is hoped that by following these simple rules, everyone’s
opinions can be heard and understood in a reasonable manner. We appreciate the fact that when
appearing at Council meetings, it is understood that everyone will follow these principles:
Speak only for yourself, not for other council members or citizens -unless specifically tasked by
your colleagues to speak for the group or for citizens in the form of a petition.
Show respect during comments and/or discussions, listen actively and do not interrupt or talk
amongst each other.
Be respectful of the process, keeping order and decorum. Do not be critical of council members,
staff or others in public.
Be respectful of each other’s time keeping remarks brief, to the point and non-repetitive.
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CITY COUNCIL WORKSHOP STAFF REPORT
Meeting Date May 28, 2019
Melinda Coleman, City Manager
REPORT TO:
REPORT FROM: Michael Martin, Assistant Community Development Director
Jeff Thomson, Community Development Director
PRESENTER:Jeff Thomson, Community Development Director
AGENDA ITEM:
TIF Management Plan and Development Projects Discussion
Action Requested: Motion Discussion Public Hearing
Form of Action: Resolution Ordinance Contract/Agreement Proclamation
Policy Issue:
At the May 28 City Council Workshop, Jason Aarsvold, from Ehlers, the city’s financial consultant,
will lead a discussion on Tax Increment Financing (TIF). This discussion will include an overview of
the use of TIF and the status of the city’s existing TIF districts. Staff will also update council on two
projects that will be looking to use TIF towards redevelopment projects.
Recommended Action:
No formal action is required or requested.
Fiscal Impact:
Is There a Fiscal Impact? No Yes, the true or estimated cost is $0.00
Financing source(s): Adopted Budget Budget Modification New Revenue Source
Use of Reserves Other: N/A
Strategic Plan Relevance:
Financial Sustainability Integrated Communication Targeted Redevelopment
Operational Effectiveness Community Inclusiveness Infrastructure & Asset Mgmt.
TIF is an economic development tool for cities to preserve and grow their local economies.
Background
Maplewood currently has nine active TIF districts, capturing 2.7 percent of the city’s tax base.
Ehler’s is developing a TIF management plan for Maplewood, which will be a tool staff and council
can use to assess the performance of existing districts and what resources are available when
considering future financial requests.
Attachments
1. TIF and Development Projects Presentation
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Development occurs
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Entities
Full Taxes to all
District Ends
Captured Tax Capacity
Base Taxes
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Project Area
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Project Area
Redevelopment
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(red line)
3M Renovation Project Area
TIF District
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2 and 3 bedroom affordable rental apartmentsExpires in 2030City has no obligation to pay from any source other than TIF
Housing district established 2003Current obligation is a Pay As You GoNot anticipated to pay off the balancePotential pooling of $111,800 in 2019
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