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HomeMy WebLinkAbout2006-01-18-Work Session MinutesWAUKEE CITY COUNCIL MINUTES WORKSHOP MEETING JANUARY 18,2006 (1)Call to Order -The workshop meeting of the Waukee City Council was called to order by Mayor Peard at 7 :00 p.rn. (2)Roll Call-The following members were present:Mayor Peard and Council Members Stanton,Bailey,Watts,McGee,Mertz.Absent:None. (3)Agenda Approval.Motion by Stanton,second by Mertz to approve the January 18,2006 agenda.Roll Call.Ayes:Stanton,Mertz,Baily,Watts,and McGee.Nays:None.Motion carried 5-0. Workshop: 1.Presentation:Tax Increment Financing.Jon Burmeister with Public Financial Management,Inc.explained how Tax Increment Financing benefitted the City by reallocating property tax revenues.By example,Jon showed how TIP moneys benefitted the City by 3.72 times the amount of money that would be reimbursed into the general fund had the same taxable valuation gone directly into general fund instead of TIP,thus allowing the City a significant amount of money to use on upcoming CIP projects. 2.Budget.Kim Stewert,representing the YMCA,requested that while the City goes through their budget process they consider continuing to support the YMCA with an annual contribution.Several council representative express their support in the annual contribution to the YMCA. Linda Burkhart briefly explained to the Council the process used to determined how much money would be allocated to each department prior to the department review of their budget.Chief LalTYPhillips briefly went through his budget with the Council.John Gibson reviewed all other budgets with the Council.The Council gave direction to the staff to reallocate approximately $23,000 from TIP to the Community Development budget for promotional materials.J ody will present the Council with a breakdown at a future meeting of how the money for promotional materials will be spent. 3.Alice's Road Key Corridor Design Monuments and Landscaping.Council member Mertz explained to the Council that the Planning and Zoning Commission had requested that entrance features are designed and placed at certain key intersections along the Alice's Road Corridor.The entrance features will need to be funded through TIP funds.The Council will take action on this item at the J anuary 23,2006 Council meeting. 4.Koethe TIF request.LeMar Koethe has presented a preliminary plat for University Park Plaza development.Mr.Koethe is requesting that the $100,000 required by him to complete a pipe for drainage within the plat be done through TIP.The Council unanimously support an agreement with Koethe that he fronts the $100,000 cost for the pipe and the City will repay through TIP within a reasonalbe time line.It was recommended that the TIP be set up with 75%of the taxable valuation reimbursed through TIP and 25%ofthe valuation goes into the general fund. 5.Bailey Wedding Chapel.The owners of the Wedding Chapel have requested that $100,000 of the valuation of improvements they have made on the old Library,which was purchased for the purpose of a wedding chapel,be rebated over a 5 year period.The Council unanimously supported the 5-year rebate on the improvements to the Chapel as long as the improvements are more that what the rebate.J ody will set up a rebate schedule for review by the Council. 6.Next Meeting.The next workshop meeting will take place on Wednesday January 25,2006 at 7:00PM.Councilmember Mertz requested that the School ROW Purchase be placed on the next agenda. (4)Adjournment.Mayor Peard asked for a motion to adjourn.Motion by McGee,seconded by Stanton.Ayes:All.Nays:None.Motion carried 5 -O. Meeting Adjourned at 9:30 p.m. Attest: )B.Richardson,Administrative Coordinator J olm ibs on,Interim City Administrator/Clerk I 2