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HomeMy WebLinkAbout4. Work Session MEMO TO: Chair Dunn Commissioners Anderson, Carroll, Edwards, McMenomy, Wippermann FROM: John Miller, Economic Development Coordinator. � �/� DATE: January 21, 1994 RE: Agenda and Staff Reports for Special Meeting As a result of the telephone poll conducted by Debbie Widstrom it has been decided that the port authority will meet at 5:15 p.m. on Monda.y, January 24, at the FIRE STATION. Please bring your agenda packets for the January 18 meeting. We will try to follow that agenda. The only addition will be Chairperson's comments at the end of the meeting. Also, please remember the special meeting scheduled for 5:15 p.m, February 2. As most of you are aware, this is a single item agenda meeting. It concerns presentation of a plan by Ron and Richard Carlson to relocate their business to the Rosemount Business Park. With he Carlson relocation John, Jim, and Jerry Anderson with Eugene Pederson of Touchstone Development would redevelop the Carlson site for a car care mall. Springsted is presently reviewing the fmancial aspects of the project and I have scheduled a meeting for January 25 with the prospective developers to review financials and to start fine tuning the proposal. Please be aware that Mr. Pederson has advised me that neither he nor any of the others involved in the proposals want to be involved in a six month decision making process. They're looking for a quick "let's do it" or "let's forget it" answer. If approved, the structures with an estimated value of more than $3,000,000 would be constructed in 1994. I will be sending you more information prior to the February 2 meeting. Oh, one final thing. On January 19 I received the faxed letter from the Dakota County Auditor's office regarding the back taxes for the pre-1979 'T� district. That correspondence is attached for your review. dw attachment 01i19i94 �4:�7 �HKOTH CD-AUDITOR'S OFFICE �p2 ��.,_t ���� ���J f V T� : NORMA a ro ARSH (812) 438•A375 ---- pAK�TA COUNTY GOVERNMEi�T CENTER 1690HWY.55-HA571PGS,MINNESOTA55rJ33 � ��:-:>> �' F .:•�:. ,�-• L J�nuary 18r 3.994 . s Ta Whnm It May Concern: An a��vr occ.urred iri oux office when the division,. Rvsemaunt Pla�B 2nd Ac�flitian, wa� created. Th1s was braught to vur atten�ion 1n February 1.993. Trie�e pax�cels have correctly b�en put back inta �he �ax �nc�rement district. At th� �ame t3me, T hacl a staff person recheak any Qther divi�ians made ta tax incremsnt parCe�.s 1n th�.s pro�e�ct. Na other e�rrors i,rexe feund. We then proaeeded to correct tbis err�r. Althaugh there is Xio law requiring srrare to be ca�rscted, the State of Minnascota has eatabYi�hed an admin3.stra�ive prace8ure. The prccedure etates that we ad�ust the next tax payable yea��s retain�d aaptured vaYu�. I calaulated the ta��Z tax inarement noti colleated betw�en �h8 ya�rs 1990 anct 1993. These ara in �he px-o�ect Pile if you wish to view them, Th�,s figure amaunted ta $59,49b. � th�n divided that amaunt by the pay 1993 tax rate ot 1. 20259 and arsived at a tax capacity �f' 49�473 . Gloria Pirike, of the Asses�o�`�t� o�fice, th�n ad�usted the tax increment base an 34-03700�020-6� $nd 34-70904-010�OZ �to zero. In doing �his, the amount of your tax incr�m�nt will be increased far pay 1994. For pay ].995, �loria will reac��uet t�ese parcels ta tl�eir original base. I have enclosed our �ax �.ncrement audit as af �./8/94, that sriows the amount�, by year, that are deiinquent. I al�o show the fvur parc�l �c�en�iPication numb�rs a.n that pra�eat triat are de1 i.nquent. If yau have any other questions triat� Mx. Miller cartnat expiain, pieaae call zne at 438�4390. very trul� your8, `�''"� .���s�Z�vrv�`r'-- . . ��� . 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' .. . � _ . . •,.. : .... . . . . .. � -TAX 'JEAR 149i.�t. : , ,� ,. - • " - - . • �', r TOTAl. SE6L�MiI�16 BALAHCE � 5943.76 . • • . . ' - � � . _ -. . . . �TAI. HGi/ADJ4151?4E]iT .8/ � .. • • . . . '� . . .. . . _ • . . . - . _ • .7DTA1. ►iEf TI CHAt16ES : � . . - - a -'..' � Tll?AL RECEIP7x . . � • .86 '" • : .. "" �� . . - 70TAL E�BITli6 BaLdbICE � "- � ' - � � . . .. � 5943.76.. ,��': � _ ..�•: � � 7c�7,Ri BrtLA�►cE • : ' .ao• FOU� PAR��GS THA.� F1RE DEI�I�IQTIENT � - r � +1�� ..• . ' � . . �.� ` '�/..� w Y�IR issl ' .. . �.: �.: . . . : .. : . : . _ . . . . . • .. �.�: � . `�:: U . ` 7071U. 9E6Z�MII)J6 BALA?/CE' . 8737.55 . � .. . . `• • ' : : . � � . �n,xnn+�r .. : . _ , l - .. .: � ,`�� . ::�,'� 5� ��' rozra. � �:: ::. SSM� .ee �-� ��b59 013�4�. • �9 9 � . }�;`�r?. �;_f�.5 . . N7��� �'- +� �: TOTAL �EEI' 7I C1t�S.• � ' • � � � j�.�1! : � � � Taru �rrrs _ � . . � :ae . - .. � � . � l`t�1 a�—i 9�3:�.,:�' . f - . .... . - :�;i::.. . 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