HomeMy WebLinkAbout1995-02-28 CC Packet Special Meeting
.
.
e
""~
_.~.,"i;.:
AGENDA
CITY OF STILLWATER
CITY COUNCIL MEETING NO. 95-8
February 28, 1995
SPECIAL MEETING
7:00 p.m.
Council Chambers
CALL TO ORDER
ROLL CALL
1. Workshop - Tax Increment Financing
a. TIF Legal Aspects, David Magnuson
b. TIF Fiscal Implications, Diane Deblon
c. TIF Current Policy, Steve Russell
ADJOURNMENT
Possible adjournment to Executive Session to discuss labor agreement negotiations
.
.
.
To:
From:
Date:
Subject:
Memorandum
Mayor and Council
City Clerk
February 24, 1995
TIF Workshop
The City Attorney will discuss the following topics at the February 28 workshop:
I. Introduction to Tax Increment Law
A. What does the law permit?
B. Under what powers?
C. What kind of programs and districts are permitted by the law?
..
. \
WASlllNGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER
14900 61ST STREET NORTH · STILLWATER, MINNESOTA 55082.{)()()6
612/430-6175
R. H. Stafford
Auditor-Treasurer
Mary Lou Larson
Asst. Auditor-Treasurer
Pamela S. Mattila
License Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance- Taxation
23-Mar-94
Diane Deblon
216 N 4th St
Stillwater, MN 55082
........... ...........
. . . . . . . . . . . . . . . . . . . . . . .
. . . . . , . . . . . . . . . . . . . . . . . . . . .
.........................
.0..... .........
.............................~16~~t~~'B~~~~~~.~f~i~'ii.~.i........i...............:...................:................:.:..:.:. ..::.....................1
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
.
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
1,615,687
673,217
942,470
346,756
595,714
Retained as % of Current Net Tax Capacity
36.8706%
1994 Captured Net Tax
1994 Excess Tax Increment *
1994 Net Tax to Tax Increment District
$759,325
o
$759.325
* M.S. 469.177 Subd. 1 a. Subd. 3(a)(2), Subd. 9
For districts certified after May 1, 1988 "Excess Tax Increment" occurs when the current tax rate is greater than the
orignal tax ratewhen the districtwas established. The "Excess Tax Ina-ement"is distributed to the County, City,
and School District based on the proportionate increase in their tax rates.
.
Sincerely,
R. H. Stafford
Auditor-Treasurer
~Jr{Lr I~~~~_. cttt~ ~,"__
By Joanne Helm
Property Management Program Coordinator
Washington County does not discriminate on the basis of race. color, national origin, sex, religion, age and handicapped status in employment or the pro'Jision of services.
..
I '
WASIDNGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER
14900 61ST STREET NORTH · STILLWATER, MINNESOTA 55082-0006
6121430-6175
.
R. H. Stafford
Auditor-Treasurer
Mary Lou Larson
Ass!. Auditor-Treasurer
Pamela S, Mattila
License Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance-Taxation
23-Mar-94
Diane Deblon
216 N 4th St
Stillwater, MN 55082
. - , . . . . . .. ......
.. .............
..................
.. .........,....
).y.:iH..../<9'TX2f... S.TIL~'t{~T~.B.:P~..J?I~I.~..:...:........:....)
.. ... :.:<W"'" a......S......h..I.n..g.t. o...nCo......u........n.t\'>n.F :'D' .I..s....t.. 'ric"t' ';U:>'j''''3''>:
..:.................:.....::..:........:.:::.: '.' . . "1:'::.: :':" . ft...:.:,.:.:. . .::..:...:...........
.........-.-".. '.
. . . . . - - . - - .. .,..
..,.". ....... ,,-,.
..-...............
..,..........-...
..-..........-........
................ .
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
94,622
95,683
(1,061)
o
o
.
Retained as % of Current Net Tax Capacity
0.0000%
1994 Captured Net Tax
1994 Excess Tax Increment '*
1994 Net Tax to Tax Increment District
$0
o
$0
* M.S. 469.1n Subd. 1 a, Subd. 3(a)(2), Subd.9
For districts certified after May 1, 1988 "Excess Tax Increment" occurs when the current tax rateis greater than the
orignal tax ralewhen the districtwas established. The "Excess Tax Increment" is distributed to the County, City,
and School District based on the proportionate increase in their tax rates.
Sincerely,
R. H. Stafford
Auditor-Treasurer
'\
. ) ."' /} )"\..)'--{
:r- c t_ ~--
By Joanne Helm
Property Management Program Coordinator
I I '
.,-,J~ j.
{ ,1-- 1',__
.
Washington County does not discriminate on the basis of race, color. national origin, sex. religion. age and handicapped status in employment or the prOVision of se~,ices.
.
'\
WASlllNGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER'
14900 61ST STREET NORTH · STILLWATER, MINNESOTA 55082.()()Q6
6121430-6175
R. H. Stafford
Auditor-Treasurer
Mary Lou Larson
Asst. Auditor-Treasurer
Pamela S. Mattila
License Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance-Taxation
23-Mar-94
Diane Deblon
216 N 4th St
Stillwater, M N 55082
........-....'.......
.........-....... .
. - . . . . . . . - . . . .. ..
.............H~'YXPF..STILL.V{ATr;.fl2..pr;V[)'~T~)
<Washington' COUl'lty.n F.District#14
:::;::::.:.;..:-:::-::;:-:-:::::::::::::::;-::::::::;:::::::::;:;::::::::::.::::.. <-.--,"
........"..................--........,.... ".
.,................................-..... ... ...
. ..... - .., ,.. ., ..... .......-. ..-....." . ..
.::::.:.,,-::.:.:.:.:.:.:.:<<.'<.:.:-;.:.'-:.;.;.;.:.;.:-:.:.:.;.:-:.;.:.:.:-:.:.:.:.:.' .
", -. ,"' . -....,.,........... ......... ,_.... ...
-"..-:.---:-:.:.;.::.:.:,:,:.:.:.:.:-:.:.:::.:.:.:.:.:.:':':':-;':-:':':':-:-:':':':'.
....-.......,............'.................-.-..........................-.........
.....' ....-,.....,...............
....-...-...........-..........
...'.-,.,.'.....................................'......
'-:-:;,/'.:'-:.::::",","'"
.-........:-;......
..............-........
.........-.. ...
. . .. ............ ,...... -.
................................... ....
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
.
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
185,835
800
185,035
o
185,035
Retained as % of Current Net Tax Capacity
99.5695%
1994 Captured Net Tax
1994 Excess Tax Increment *
1994 Net Tax to Tax Increment District
$235,854
o
~
* M.S. 469.1n Subd. 1 a, Subd. 3(a)(2), Subd. 9
For districts certified after May 1, 1988 "Excess Tax Increment" occurs when the current tax rateis greater than the
orignal tax rate when the districtwas established. The "Excess Tax Inaement"is distributed to the County, City,
and School District based on the proportionate increase in their tax rates.
.
Sincerely,
R. H. Stafford
Auditor-Treasurer
'~\ ( , _ <:"1_,'1 I'
, :) L ~.I L /'-C {.ic II- '--./
By Joanne Helm
Property Management Program Coordinator
Washington County does not discriminate on the basis of race. color, national origin, sex. religion, age and handicapped status in employment or the provision of services.
WASIllNGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER
14900 61ST STREET NORTH · STILLWATER, MINNESOTA 55082.Q006
6121~175
.
R. H. Stafford
Auditor-Treasurer
Mary Lou Larson
Asst. Auditor-Treasurer
Pamela S. Mattila
License Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance-Taxation
23-Mar-94
Diane Deblon
216 N 4th St
Stillwater, MN 55082
"
.... . ....n.....
,.............. .........
. . . - ...............,.. - . .
.......,.., ........ ".. -.. -.. .
.......................,_...
.....................-.
. . . . . . . . . . . . . . . . . . . . . . .
.....<........c;,ory{() F ..STILL.W.ATE{l.<....P~"..DI~T.4.H.....HH
:.W3sllingtonCoun' ..TI FDistrict#17)H
......... ,......
............-_...
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
67,625
5,578
62,047
o
62,047
.
Retained as % of Current Net Tax Capacity
91.7516%
1994 Captured Net Tax
1994 Excess Tax Increment *
1994 Net Tax to Tax Increment District
$79,088
o
$79.088
* M.S. 469.1n Subd. 1 a. Subd. 3(a)(2), Subd. 9
For districts certified after May 1, 1988 "Excess Tax Increment" occurs when the current tax raleis greater than the
orignal tax rate when the districlwas established. The "Excess Tax Inaement"is distributed to the County, City,
and School District based onthe proportionate increase in their tax rates.
Sincerely,
R. H. Stafford
Auditor-Treasurer
'\ _ 1---..;; i.
___ {C;(LV\ V'C t .rLJ!-~-
By Joanne Helm
Property Management Program Coordinator
.
Washington County does not discriminate on the basis of race, color, national origin, sex, religion, age and handicapped status in employment or the provision of services.
.
'.
WASHINGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER
14900 61ST STREET NORTH · 5fILLWATER. MINNESOTA 55082.0006
612/430-6175
R. H. Stafford
Auditor-Treasurer
Mary Lou Larson
Asst. Auditor-Treasurer
Pamela S. Mattila
License Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance-Taxation
23-Mar-94
Diane Deblon
216 N 4th St
Stillwater, MN 55082
................... .... ....C.ITY.OF STILLW'ATER 'dDEV DIST'
d' ............. ...,_..._,."..., . .......
<:.. . <. .... .' ..... . .<> . ". . ..5d
..:.......>>>.:..>W~$l'lington 'CoOntyTIF DislriCt..'#? 29)
.':-' "'.'....'.....'....','......".. ......
.....-. . ........-.. -.-.. ,,-... .
.. .................".... .,-. '.
. ...,. ,...".. ..".., ...
.., ,. ., .., .... ..." - .
....... .... ..' . ,.. .
... ...... ,.......".....
--.. ,---- ........... ... ..." ....
... ............." .... ,.
.'. .......--............. ... .. ....
.-.., .................-.,--.... ... -. ...
','-...-"," ................. ""'-.' ,. '..-.
. --...-............-"....... ..."
.......>.........,..... ............. .............. ...'.
. . ". ......,..................,....,. . , ..""
,. -.." .... ........................... .. .....
., ,'" .... .............., ,. ..... .,., ,.. , .
n' .__........................... .....,.
...... .... .....................-.......... ..
. n''', .,.. __....._. ....... ..., .
.. ................-....... ...
...... ..................
. ......................
..... ..........
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
.
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
126,848
29,309
97,539
o
97,539
Retained as % of Current Net Tax Capacity
76.8944%
1994 Captured Net Tax
1994 Excess Tax Increment *
1994 Net Tax to Tax Increment District
$124,328
26,626
$97.702
* M.S. 469.1n Subd. 180 Subd. 3(a)(2), Subd.9
For districts certified after May 1, 1988 "Excess Tax Increment" occurs when the current tax rateis greater th an the
orignal tax rate when the districtwas established. The "Excess Tax Inaement" is distributed to the County, City,
and School District based on the proportionate increase in their tax rates.
.
Sincerely,
R. H. Stafford
Auditor-Treasurer
,- \
' }- r-,,/: 1/"'\ '.'
'~jLG~r LrL
By . oanne Helm
Property Management Program Coordinator
1J,L/L~
Washington County does not discriminate on the basis of race, color, national origin, sex, religion, age and handicapped status in employment or the provision of services,
..
WASIllNGTON COUNTY
GOVERNMENT CENTER
OFFICE OF AUDITOR-TREASURER
14900 61ST STREET NORTH · STILLWATER, MINNESOTA 55082.{)()()6
6121~175
..
R. H. Stafford
Auditor -Treasurer
Mary Lou Larson
Asst. Auditor -Treasurer
Pamela S. Mattila
license Bureau
Nancy McPherson
Vital Statistics-Records
Gary Poser
Finance-Taxation
23-Mar-94
Nile Kriesel
216 N 4th St
Stillwater, M N 55082
ii...i.J~'J?!QFSTIl.LWA!F.tt..J)FYiill.l~!l'"9ii........
...>..........................<.....W'ashirigton..CoUrity..TlFiOistricf#?43.n<
This is to certify the tax increment financing net tax capacities and taxes for the
above-mentioned tax increment district for taxes payable in 1994:
Current Net Tax Capacity
Original Net Tax Capacity
Net Tax Capacity Change
Fiscal Disparity Deduction
Retained Captured Net Tax Capacity
o
o
o
o
o
.
Retained as % of Current Net Tax Capacity
0.0000%
1994 Captured Net Tax
1994 Excess Tax Increment *
1994 Net Tax to Tax Increment District
$0
o
~
* M.S. 469.1n Subd. 1 a, Subd. 3(a)(2), Subd. 9
For districts certified atter May 1, 1988 "Excess Tax Increment" occurs when the current tax rateis greater than the
orignal tax ra1ewhen the districtwas established. The "Excess Tax Ina-ement"is distributed to the County, City,
and School District based on the proportionate increase in their tax ra1es.
Sincerely,
R. H. Stafford
Auditor-Treasurer
~lZ('lr~f~ ~. (;-,"'--)
'-'
By Joanne Helm
Property Management Program Coordinator
.
Washington County does not discriminate on the basis of race, color, national origin, sex, religion, age and handicapped status in employment or the provision of services.
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
.>Complete and return byMarchl,l??Sto:.
Robert W. Johnson
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
Type or print clearlybelowa.nY corrections to the address listed. above. ..... .. .
DIANE DEBLON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
istrict Name and address of person filling out this form
IF # 1 Downtown/hld Park Scattered Site
County Name
WASHINGTON
City Name
STILL WATER
Telephone
(612) 439-6121
1. District Type (check one):
D a. Pre-1979
D e. Housing
D b. Economic Development
D f. Soils Condition
[K] c. Redevelopment
F d. Mined Underground Space
o g. Renewal and Renovation
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
DYes
DYes
DYes
Ii] No
GJNo
GJNo
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273.1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273. 1399?
5. Certification Request Dates (month, day, year).
a. Original
5-7-85
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
6. First Tax Increment Year
1986
7. Anticipated Last Tax Increment Year
2011
* The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It is.11Q1 the date of the adoption of the tax increment fmancing plan or the date that the county auditor actually certified
_the original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
nvelope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment financing law provisions, it should agree with the county auditor's records.
8. Is Pay-As-You-Go Financing Being Utilized? GJ Yes DNo .
9. Is Pooling Permitted by the TIF Plan? [i] Yes DNo
10. Is There Current Pooled Debt? [XJ Yes DNo
If the answer to both 9 and 10 is "Yes," report the pooled debt information on
the "1995 TifDistrict Pooled Indebtedness Report."
II. Is There Current Non-pooled Debt? [1J Yes DNo
If the answer to 11 is "Yes," complete lines 12 through 14 below.
If the answer to 11 is "No", skip 12 & 13 and complete 14 below.
12. Non-Pooled TIF bond principal outstanding on 12/31/94:
a. General obligation TIF bonds
$
545.000
b. All other TIF bonds
$
c. Total TIF payments due (a + b)
$
545,000
13. Non-pooled TIF principal and interest on bond payments due in 1995
I, the authorized representative of the above mentioned TIF ':!istrict, certify that the foregoing information is accurate to the best of
my knowledge.
DATE
.
51
TITLE
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
. strict Name and address of person fiJlingouttl1isform<<(:omplete ami re~u..n bY1\farc::I1h~~95.to:..
F #2 Nelle Project . .. . Robert W. Johnson
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
'JYpe9f print clearly below anY corrections to the addressjist~dab(lve... ......
DIANE DEBLON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
City Name
STILL WATER
Telephone
(612) 439-6121
County Name
WASHINGTON
1. District Type (check one):
D a. Pre-1979
D e. Housing
D b. Economic Development
D f. Soils Condition
[!] c. Redevelopment
F d. Mined Underground Space
D g. Renewal and Renovation
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
DYes
DYes
DYes
[X] No
IIJ No
[X] No
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273.1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273.1399?
5. Certification Request Dates (month, day, year)*
a. Original
12-12-85
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
6. First Tax Increment Year
lq87
7. Anticipated Last Tax Increment Year
?01 ?
* The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It is..D.Q1 the date of the adoption of the tax increment fmancing plan or the date that the county auditor actually certified
.e original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
nvelope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment financing law provisions, it should agree with the county auditor's records.
I, the authorized representative of the above mentioned TIF district, certify that the foregoing information is accurate to the best of
my know edge.
SI
2-24-95
DATE
Finance Director
TITLE
.
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
DIANE DEBLON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
City Name
STILL WATER
Telephone
(612) 439-6121
County Name
WASHINGTON
1. District Type (check one):
D a. Pre-1979
[!J e. Housing
D b. Economic Development
D f. Soils Condition
D c. Redevelopment
~ d. M~ed Underground Space
D g. Renewal and Renovation
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
DYes
[i] Yes
DYes
III No
DNo
GJNo
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273. 1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273.1399?
5. Certification Request Dates (month, day, year).
a. Original
12-12-85
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
6. First Tax Increment Year
19R7
7. Anticipated Last Tax Increment Year
?nl ?
* The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It isJlQ1 the date ofthe adoption of the tax increment financing plan or the date that the county auditor actually certified
.he original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
nvelope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment fmancing law provisions, it should agree with the county auditor's records.
8. Is Pay-As-You-Go Financing Being Utilized? [i] Yes DNo .
9. Is Pooling Permitted by the TIF Plan? []] Yes DNo
10. Is There Current Pooled Debt? [X] Yes DNo
If the answer to both 9 and 10 is "Yes," report the pooled debt information on
the "1995 TifDistrict Pooled Indebtedness Report."
11. Is There Current Non-pooled Debt? GJ Yes DNo
If the answer to 11 is "Yes," complete lines 12 througi: 14 below.
If the answer to 11 is "No", skip 12 &13 and complet( 14 below.
12. Non-Pooled TIF bond principal outstanding on 12/31/94:
a. General obligation TIF bonds $ 935s000
b. All other TIF bonds $ 0
c. Total TIF payments due (a + b) $ 935,000
13. Non-pooled TIF principal and interest on bond payments due in 1995
a. General obligation TIF bonds $ 122s843
b. All other TIF bonds $ 0 .
c. Total TIF payments due (a + b) $ 122s843
14. All other binding fmancial obligations (excluding all J:ooled debt and
non-pooled TIF bonds) of the TIF district on 12:31/94:
a. Outstanding principal on loans from Authority funds or revenue notes $
b. Development agreements or expenditures to which the district is
obligated $ 118s 125
c. Any other binding fmancial obligations not listed above (principal
amount only): list type $
d. Total all other binding fmancial obligations $
I, the authorized representative of the above mentioned TIF ,iistrict, certify that the foregoing information is accurate to the best of
my knowledge.
Finance Dir ctor
TITLE
2-24- 5
DATE
.-
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
. Complete and retunl bYl\1archl,1~~5to:
Robert W. Johnson
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
Type or print clearly below any corrections to the address listed above. < . .. .
...... ..',..'...... ,- ,.-" '. -....-....-..-........',..,',',., '-.,"-'-',--'" ........ .................',',.,',',' '-',..,...,-,'-- ...-.... ---... .......
trict Name and address of person filling o.ut thisform
.' -----..... ..... ,- ,-.-.. - .... ..,. ...,....,.. . ...
IF #4 Woodland Lakes Project
DIANE DEBLON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
County Name
WASHINGTON
City Name
STILL WATER
Telephone
(612) 419-6121
1. District Type (check one):
D a. Pre-1979
D e. Housing
D b. Economic Development
D f. Soils Condition
[XI c. Redevelopment
~ d. Min~ Underground Space
D g. Renewal and Renovation
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
DYes
DYes
DYes
0No
[]No
[i]No
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273.1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273.1399?
5. Certification Request Dates (month, day, year).
a. Original
l?-?-Rfl
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
6. First Tax Increment Year
1987
7. Anticipated Last Tax Increment Year
2012
· The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It is..D.Q1 the date of the adoption of the tax increment financing plan or the date that the county auditor actually cenified
.e original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
velope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment financing law provisions, it should agree with the county auditor's records.
a. Outstanding principal on loans from Authority funds or revenue notes
b. Development agreements or expenditures to which the district is
obligated
c. Any other binding fmancial obligations not listed above (principal
amount only): list type
d. Total all other binding fmancial obligations
$
$
$
$
I, the authorized representative of the above mentioned TIF ~istrict, certify that the foregoing information is accurate to the best of
my kno ledge.
s
tnanc.p ni rpc.tor
TITLE
7-74-95
DATE
.
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
Completealll:!i ..~turnbYl\fa..ch 1,199.5 to:
Robert W. Johnson .
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
'fype()T print clearly beloW anycorrectiollS to.thellddress ]isteda.bov~.d ..
istrictName. an~ addressofpersonfillingo\}t this fOrm> .....
IF #5 Brick Pond Project
DIANE DEBLON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
County Name
W A~HINGTON
City Name
STTT T .W A TFR
Telephone
((\17) 41Q.(\171
I. District Type (check one):
D a. Pre-1979
D e. Housing
Ii] b. Economic Development
D f. Soils Condition
D c. Redevelopment
F d. Mined Underground Space
D g. Renewal and Renovation
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273.1399?
DYes
DYes
DYes
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273. 1399?
5. Certification Request Dates (month, day, year).
a. Original
[X] No
I!J No
[]No
7-19-89
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
6. First Tax Increment Year
1992
1999
7. Anticipated Last Tax Increment Year
. The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It is..llQ1 the date of the adoption of the tax increment fmancing plan or the date that the county auditor actually certified
_he original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
nvelope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment fmancing law provisions, it should agree with the county auditor's records.
8. Is Pay-As-You-Go Financing Being Utilized? DYes [X] No .
9. Is Pooling Pennitted by the TIF Plan? GI Yes DNo
10. Is There Current Pooled Debt? Ul Yes DNo
If the answer to both 9 and 10 is "Yes," report the poo~ed debt infonnation on
the "1995 TifDistrict Pooled Indebtedness Report."
11. Is There Current Non-pooled Debt? DYes [X] No
If the answer to 11 is "Yes," complete lines 12 LlrOugt 14 below.
If the answer to 11 is "No", skip 12 & 13 and complete 14 below.
12. Non-Pooled TIF bond principal outstanding on 12/31/94:
a. General obligation TIF bonds $
b. All other TIF bonds $
c. Total TIF payments due (a + b) $
13. Non-pooled TIF principal and interest on bond payments due in 1995
a. General obligation TIF bonds $ .
b. All other TIF bonds $
c. Total TIF payments due (a + b) $
14. All other binding fmancial obligations (excluding all poled debt and
non-pooled TIF bonds) of the TIF district on 12/31/94:
a. Outstanding principal on loans from Authority funds or revenue notes $
b. Development agreements or expenditures to which the district is
obligated $
c. Any other binding fmancial obligations not lis~ed above (principal
amount only): list type $
d. Total all other binding fmancial obligations $
I, the authorized representative of the above mentioned TIF district, certify that the foregoing infonnation is accurate to the best of
my kno ledge.
Finance Director
TITLE
2-24-95
DATE
.-
SI
Minnesota Department of Revenue
1995 TIF District Non-Pooled Indebtedness Report
}strict.Name..<ind ~dc.lress.ofpers.oIl. filling..()llt..this .f01111................ .. ........./........Complete.an~. ..retll rn..by.Marc!t...~~l~??to:
IF #6 Roben W. Johnson
Property Tax Division
MN Depanment of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
'[ypepLprint clearlybelow anycorrectionstothe address Iistedll.poye. >... ..
DIANE DEB LON, FINANCE DIRECTOR
216 N 4TH ST
STILLWATER, MN 55082
County Name
WASHINGTON
City Name
STTLLW A TER
Telephone
(612) 419-6121
I. District Type (check one):
D a. Pre-1979
D e. Housing
D b. Economic Development
D f. Soils Condition
[Xl c. Redevelopment
F d. Mined Underground Space
D g. Renewal and Renovation
3. Is This a "Qualified Housing District" as Defmed in M.S. 273.1399?
DYes
DYes
[i] Yes
GJNo
[K] No
DNo
2. Is This a "Qualified Manufacturing District" as Defmed in M.S. 273.1399?
4. Is This a "Qualified Hazardous Substance Subdistrict" as Defmed in M.S. 273. 1399?
5. Certification Request Dates (month, day, year).
a. Original
8-14-92
b. Expansion (most recent)
c. Hazardous Substance Site or Sub-District
l-lA-q4
6. First Tax Increment Year
lqql)
7. Anticipated Last Tax Increment Year
?n1q
· The certification request date is the date that the municipality requested the county auditor to certify the original net tax capacity of
the district. It is.llQ1 the date of the adoption of the tax increment financing plan or the date that the county auditor actually certified
.e original net tax capacity of the district. For a request that was mailed to the county auditor, it is the postmark date on the mailing
nvelope. For a request that is hand delivered to the county auditor, it is the delivery date. Because this date is critical in the
application of various tax increment financing law provisions, it should agree with the county auditor's records.
8. Is Pay-As-You-Go Financing Being Utilized? IX] Yes DNo .
9. Is Pooling Permitted by the TIF Plan ? [] Yes DNo
10. Is There Current Pooled Debt? DYes [i] No
If the answer to both 9 and 10 is "Yes," report the pooled debt information on
the "1995 TifDistrict Pooled Indebtedness Repert."
11. Is There Current Non-pooled Debt? DYes DNo
If the answer to 11 is "Yes," complete lines 12 through 14 below.
If the answer to 11 is "No", skip 12 & 13 and complete 14 below.
12. Non-Pooled TIF bond principal outstanding on i2/31/94:
a. General obligation TIF bonds $ 1,000,000
b. All other TIF bonds $ 0
c. Total TIF payments due (a + b) $ 1,000,000
13. Non-pooled TIF principal and interest on bond payments due in 1995
a. General obligation TIF bonds $ 43,742 .
b. All other TIF bonds $ 0
c. Total TIF payments due (a + b) $ 43,742
14. All other binding financial obligations (excluding all J:ooled debt and
non-pooled TIF bonds) of the TIF district on 12131/94:
a. Outstanding principal on loans from Authority funds or revenue notes
$
b. Development agreements or expenditures to which the district is
obligated
$
108,000
c. Any other binding financial obligations not listed above (principal
amount only): list type
$
d. Total all other binding fmancial obligations
$
I, the authorized representative of the above mentioned TIF district, certify that the foregoing information is accurate to the best of
my kno ledge.
Finance Director
TITLE
.
DATE
MinnAota Department of Revenue
1995 TIF District Pooled Indebtedness Report
and address of "ers(jnfilling out this fonn.>.
. .-. ....,-.." ,-,_. -. ..-.."" ....
. Complete and return by JVlarch 1, 1995 to:
Robert W. Johnson .
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
J'lllIlleofcorpmon{J>pOled) bond issue or non-b()ndfund.
$3,400,000 G.O. TIF 1991C
DIANE DEBLON, FINANCE DIRECTOR
CITY OF STILLWATER
216 N 4TH ST
STILLWATER, MN 55082
'f)'peor print clearly any cOrrections to .the address listed above.
COUNTY
WASHINGTON
CITY
STILLWATER
TELEPHONE
(612) 439-6121
1. TIF districts from which increment is pledged to retire this pooled debt. If more space is required, write "over" below
line h and list additional names on the back of this schedule.
a. TIF #1 DOWNTOWN/IND. PARK
b. TIF #2 NELLE PROJECT
c. TIF #3 ARKELL PROJECT
d. TIF #4 WOODLAND LAKES
.e pooled debt resulted from bond issues.
3. Pooled TIF bond principal outstanding on 12/31/94.
e. TIF #5 BRICK POND
f.
g.
h.
~Yes
ONo
a.) General obligation TIF bonds.
$
b.) All other TIF bonds.
$
3.400.000
o
3,400,000
c.) Total all TIF bonds (a + b).
$
4. Pooled TIF bond principal and interest on bond payments due in 1995:
b.) All other TIF bonds.
$
$
219,038
a.) General obligation TIF bonds.
o
c.) Total TIF payments due (a + b).
$
5. Pooled TIF non-bond principal outstanding on 12/31/94.
$
?lQ,038
o
6. Pooled TIF non-bond principal and interest on fund payments due in 1995.
$
n
I, the authorized repersentative of the a ove mentioned TIF district, certify that the foregoing information is accurate to
of r'fIy knowledge.
Fi
TITLE
Minnesota Department of Revenue
1995 TIF District Pooled Indebtedness Report
d address of perso1 tilling ollt this fOrm' .. ..
..../<<CompleteandreturnbyM,arctI1,1995 . to:
Robert W. Johnson. .. ..... ...... ... ... ..... .
Property Tax Division
MN Department of Revenue
Mail Station 3340
St. Paul, Minnesota 55146-3340
Phone Number (612) 296-5145
....>l'lameofcommon.(Pl>Qled) ~pnd.issuepr.non~bpl1d.fund.........
$640,eO(}G.o. TIF 1991B
$~SOIOOO
DIANE DEBLON, FINANCE DIRECTOR
CITY OF STILLWATER
216 N 4TH ST
STILLWATER, MN 55082
l"ypeor printclc:arly anycogectipnsto the address listed above.
COUNTY
WASHINGTON
CITY
STILLWATER
TELEPHONE
(612) 439-6121
1. TIF districts from which increment is pledged to retire this pooled debt. If more space is required, write "over" below
line h and list additional names on the back of this schedule.
a. TIF #1 DOWNTOWNIIND. PARK
b. TIF #2 NELLE PROJECT
c. TIF #3 ARK ELL PROJECT
d. TIF #4 WOODLAND LAKES
.e pooled debt resulted from bond issues.
3. Pooled TIF bond principal outstanding on 12/31/94.
e. TIF #5 BRICK POND
f.
g.
h.
US] Yes
DNa
b.) All other TIF bonds.
$
445,000
o
445,000
a.) General obligation TIF bonds.
$
c.) Total all TIF bonds (a + b).
$
4. Pooled TIF bond principal and interest on bond payments due in 1995:
c.) Total TIF payments due (a + b).
$ 173.775
$ 0
$ 173.775
$ 0
$ 0
a.) General obligation TIF bonds.
b.) All other TIF bonds.
5. Pooled TIF non-bond principal outstanding on 12/31/94.
6. Pooled TIF non-bond principal and interest on fund payments due in 1995.
I, the authorized repersentative of the a ove mentioned TIF district, certify that the foregoing information is accurate to
st <;>f my knowledge
Ftnance Director
TITLE
.
.. -------e-- -- ----
.. .--.---"'--'-'- .. ...--.-.... -. ._-- -..- - - -' -..... ------ --..--
----..
I.
.. ---.... .- -... -., .....,.,."..- .... -...--.--.-........ .-----.-. ..----_._._._-_.~. .---....- -..----- ....-...-.--....------.-..------...-.-.---..-.---.-------.-.-....--- --.-. ..----------..--.. ..._---"-- ..-. -.- . ~ - ...- .. --..-------.----
_..._..___.__.___ ___...... _...._... ..__ ._.___._...__.____.__.__._~__..,..___._....._____..______--___-.--_______________.__._________.__ .._.~___ __.__....____._._. _'_ .__ __._._._.. ...w..' _ ._.___.__.__ -_." -.-. -- -.
--sLt-" Ul' II SaLt' 610'9$. 000' 5Z l'lt $ 99t' 851' E$ 000' 008' t$ 5lE' 6tE$ 000' 000' U t5t' 698' IS 000' 0et' E $ 5ZL' z5$ &00' SH$ lal' Z aI f 980' 5tSTUS'-ttZS-000'-00s$" HZ -. Z91 $-- 0-00' 5Et $H~O~
00'ZU$ ___.0LfJl$ 000'0Et$ 8U'Zt$ 008'8Et$ EIel
589' Iu$ 5R9' 9E$ 00e.59tf-.-....5.S9-'9tf---e.00.-59.t$----..-----------------------. -----...---..-. ...--.---'- .---.--------.- -..----------- '.- - --'------ -.. Zl0Z
)5E'6Et$ 55E'65$ 000'08E$ 55E'65$ 000'08E$ II9Z
0E9'nU 0E9'08$. &80'09E$ 0E9'08$&80'09[$ ..----..--.--..-.-..... 0I0Z
.. 0 L 9 ' 0 t t $-- - 0 L 9'- 08 Ii'- . -'e i 0i-0 t E $ ---'iL 9 " 001 f--i 8 0--' -i.E $ ------.------.-..-------.-.--.-.-...---.---..----..--------....---.------- -..---- -- -.--.. - 690 Z
0ZE'6Et$ 0ZC'611$ 080'8ZE$ 8ZE'6II$ 000'0ZES R09Z
8~8'666$ 850't5t$ 800'~t8$ 9E5'9Et$ 000'80E$ 8L9'Z$ 008'501$ 858'tt$ 000'8tt$ L99Z
6 9Q' 866 $-"-6 9 Q-iteZ $---- e00-'S ,is----SL t.'l"slf-.---ieii-su-is.-----.--95s"L S -----890 'eei rBfs'ttS---80ei01tr-....-..--.-----....-.-----.------.----.-. .-- .------- __d. -----..----- - -- 99&Z
E6~.6tl.t$ E65't5Z$ 080'598$ 5ZE'L9t$ 008'0LZ$ E89'Zt$ 880'56$ ELZ'8L$ 088'58E$ EtE't$ 0&0'5tl$ 588l
._U6_' 5n~ ts.._t86~5e.EL_._e.e.f_~Z~L.....JJ~J.U~e.-U~HI$-ULLJ~U~H~0H~j6$ 0.00' 8n$ 09.9~!IL--'0.0__~55~_a~8~t$_._ 808' 55$ tBBl
00E'8tl't$ 08E'E5E$ 0&&'59L$ 098'E6t$ 000'0tZ$ Z65'tZ$ 800'06$ 81a'Ltl$ 008'~EE$ 8EE'tl$ 080'~t$ E69'5$ 809'55$ C99Z
196'tZt'1$ Z96'96E$ 800'5ZL$ BEL'50Z$ 00&'0EZ$ ZE5'5Z$ 000'58$ 58L'8Et$ 088'5tE$ 009'Ll$ 880'5t$ 5tE'6$ 000'05$ Z0BZ
8L L · tz C t $ 0L L . nt$_.__JQQ__~Q8 Lt.._..J~ L~.HU .._._J~rH Z t_.._J 8.1'_ 6 ~$__e.e.e..18$-_-_HJ.:.JHL--!e.~5H $_________.___...__.5..(E.H_~9 0..'J.0 lL~ 1.8' 8Z $ __00~' 5 t $ -. 0L 5 'Zl $ 000 I 5 t $ 18& l
ttZ'LIZ'I$ ItZ'L8t$ 980'&EL$ t88'9ZZ$ 000'50Z$ tZr'ZE$ 000'5L$ 890'9Ll$ 0&&'0aZ$ 8a~'zt$ 00~'06$ 0t9'EZ$. 000'5~$ -6~9i~~j--- 800'5t$ 000Z
t96'8tZ't$ t06'8Z5$ 009'869$ 8EZ'9EZ$ &98'56t$ E0E'5E$ 0&8'5L$ 0Lt'Z61$. 880'09ZS ttt'0Z$ 800'58$ EL0'9Z$ 088'5E$ 8Lt'8I$ 000'0t$ 6661
.:. t6t 'ZZZ.~ 1 $._ t6E.J9~L___81J~Hn__t...6._UZ$__U0~_0.6t L_19t~JE$__0n~0L.$__86~LUL--0U~.SU$~._-.-.-.--.-.--5~t'.L.Z~_0.e.e.~HLJLt ~.8Z$___080 ~5E$__..8EJ~tU_ 880' 8t $ - a661
61t'61Z't$ 6tt't09$ 800'~19$ E98'Z5Z$ 008'08t$ E6t'0t$ 008'59$ t88'9tZ$ 800'5L$ EZI'9$ 008'551$ EE9'EE$ 080'0L$ EC8'0E$ 080'5E$ 565'EZ$ 800'5E$ L66I
9t5'tL6$ 9t5'tE9$ 008'8tE$ Et9'95Z$ 8$ 989'Zt$ 880'59$ 8Ee'61Z$ 8Z8'LI$ 000'5tI$ 505'6E$ 090'59$ 566'ZE$ 000'0E$ E58'5Z$ 900'5E$ 9661
BtE ~ Zt6$ UE' L~9$ .. ._ 08.8 ~ 5 ~Z L.._..J~fJLZ$ 8$ Zt L: Et$ 0$___.__RfJ~zt_..____ ___._... .._. 5LL: azt.. 00rUl $. ..E. ~ ~ 'ttt..0.0.0.~.8?L..5aL · tE$ _988' 5Z $ 850' 8Z$ 980 'SE $ 566 I
"0
i...1
I
:'..);
.1
1Y.0~ ~SIHI~II JIIHd JSIHII11 JIIHd ~SIHIJII JIIBa ISIHil11 JIIHd ISIHSI11 JIIHa ~SSBSII1 JIIHd ISIBS~II JIIHa ISSHII11 JIIHa Hill
_ _____aIJH5 __~_~:=..__:___:: =_--:::-_-..:.-..:..::.:::.:..:.::..:...::..::.:..-..::-=--.-..::-:.::.:.=::-:.-.:::::::-.:--::.:.:.:: --- -- ------ - - -- -- -=_::.::.:-=-.:.::.:.:--::..~..:.=-:.:.:.- - - ::.:--: ..::.:.-- :.="'::'::'::'':'_": :.:: -:~--.::: ~-:-~.:: ::....::.:.:.::.:_---=-- - - - - - - - --
111 1ilOl 1ilOl Jt66t 10 saloa iE66t 10 saloa J1661 10 saKoa St66t 10 salos S-686t 10 salos i-L86t 10 salos i-986t 10 saloa
IISRlaJII li~ l11iliJII IiI IISHiBJII li~ IISHSHJII IiI IISHSiJII IiI IliiiiJII IiI IISRXaJII IiI IIXHiHJII li~
000'008't$ 000'888'1$ 000'&0t'E$ 008'059$ 080'08L$ 808'009$ 808'099$
... _ .......... -.............-........-... " ... 86 t, . L 6E I .......--- - -- . Z 6E I ............. ....... t 6 r ,..- .... ... 06 EI 9 6E I 96 E'
56-qal-tz 'jaB
SlllRIYd ~gxa iBn~nl
---------- .------ ---------- ------- ---------- ------- ------- ------- ------- ------- ------- ------- ------- -----
. ;,
, .-
: ~ I
.... __ ....._..._.. .." "'.'.__"'__'_ _._____.__._.__...._.._ ._._ ~.... _.~. __._'.4 _.__~..~_...._.._________4.___...___.._.___.....____&.._--.-. ..-.-.._._.._,~.._- ...... ....- .' ...__. ,".--"
.~
.
.
.
CITY OF STILLWATER
TAX INCREMENT FINANCING POLICY
PURPOSE:
The purpose of this policy is to describe the City's goals and objectives for
the use of Tax Increment Financing assistance and to establish a review
process for Tax Increment Financing proposals including requirements, review
criteria, eligible- activities, and funding approach.
GOALS AND OBJECTIVES:
The goal for the City of Stillwater is to encourage and provide for the
revitalization of the City through the development, or redevelopment, of
existing and new commercial, industrial and residential areas, to increase
jobs, to strengthen the local tax base and to assist in the provision of a
variety of affordable housing opportunities for City residents.
OBJECTIVES:
1. Create a desirable and unique character through compatible land use and
quality design in new and redeveloped building.
2. Stabilize and strengthen the local property tax base.
3. Increase job opportunities for City residents.
4. Eliminate blight and substandard conditions that impede the development
potential and economic health of the Downtown Area and other
development district areas.
5. Preserve historically significant structure for reuse in viable
commercial, industrial or residential activities.
6. Encourage local business expansion.
1
3. To provide tax increment assistance only to those projects which
generate sufficient increment to cover debt service.
4. To provide the greatest security possible to protect the City's
investment in the project.
5. To recapture the public investment to the maximum extent possible
through equity participation in the project or to treat TIF assistance
as a second mortgage with fixed payments.
6. To assist only projects that will not result in significant negative
environmental impacts on the City.
7. TIF assistance will not be used to give a competitive financial
advantage over similar projects in the area.
~~
.
.
.
.~
.
.
.
CITY OF STILLWATER
PRE-APPLICATION
TAX INCREMENT FINANCING ASSISTANCE
Legal name of applicant:
Address:
Telephone number:
Name of contact person:
REQUESTED INFORMATION
Addendums shall be attached hereto addressing in detail the following:
1. A map showing the exact boundaries of proposed development.
2. Give a general description of the project including: size and
location of building(s); business type or use; traffic
information including parking, projected vehicle counts and traffic
flow; timing of the project; other pertinent information.
3. The existing Comprehensive Plan Land Use designation and zoning of
the property. Include a statement as to how the proposed development
will conform to the land use designation and how the property will be
zoned. Explain any discrepancies between the proposed development and
the existing land use designation and zoning.
4. A statement identifying the public improvements requested to be
financed and why the costs of the improvement cannot be paid by the
developer.
5. A statement identifying the public benefits of the proposal including
estimated increase in property valuationt new jobs to be created and
other community assets.
6. A written perspective of the developers company or corporation,
principals, history and past projects.
Applicant understands and agrees that the information contained in this
application, and the information contained in items abovet is intended for use
by the City of Stillwatert its officers, employees, and agents in connection
with the City's consideration of possible tax increment bond financing for
applicant's project; however, the City gives no assurance that this
information may not be disclosed, in whole or part, to persons other than
City's officialst employees and agents.
SIGNATURE
Applicant's signature
Date
.....
CITY OF STILLWATER
PRELIMINARY AGREEMENT FOR
TAX INCREMENT FINANCING
.
(I) This Preliminary Agreement made and entered into by and between the
City of Stillwater~ a Municipality organized and operating under the laws of
the State of Minnesota (hereinafter called "City") and
a corporation organized under the laws of the State of
(hereinafter called "Developer").
WITNESSETH:
(II) WHEREAS~ the City has received from Developer a request that the City
provide tax increment assistance pursuant to Minnesota Statutes~ Sections
469.124 through 469.134 and Sections 469.174 through 469.179 (collectively~
the "Act") in connection with a project to be undertaken by the Developer
with in the City.
(III) NOW~ THEREFORE~ in consideration of the foregoing~ the parties hereto
agree as follows:
A. The Developer agrees to deposit with the City $3~OOO for any and
all expenses and costs of the City in connection with the preparation of the
development program and all documentation and procedures required by the Act
in connection with the issuance of tax increment bonds~ whether or not the tax
increment bonds are actually issued~ as verified by itemized statements for
services rendered. Costs and expenses shall include~ but not be limited to~
all out-of-pocket expenses~ all fees for legal services~ all fees for
architectural engineering and financial services including feasibility
reports~ all administration costs~ appraisal costs~ all costs of reports and
hearings. Monies not expended will be refunded to the applicant. Additional
expenses~ if any~ will be passed to the developer.
B. The City Council reserves the right to deny any application for
financing at any stage of the proceedings prior to its entering into a
Development Agreement.
C. All applications and supporting materials and documents shall
remain the property of the City. All such materials may be subject to
disclosure and/or public review under applicable provisions of State Law.
.
(IV) IN WITNESS WHEREOF~ the City and the Developer have executed this
Agreement.
Approved by the City of Stillwater~ Minnesota~ this
~ 1989.
day of
DEVELOPER:
CITY OF STILLWATER
Mayor
.
'-
.
APPLICATION FOR TAX INCREMENT
FINANCING ASSISTANCE
1. Qualifications of developer, including prior experience in similar or
other developments. Qualifications of principal member of development
team, including the architect, construction company, and financial
advisor.
2. IIBut forll 1 etter descri bi ng need for TIF assi stance.
3. Financial information, including developer participation, and public and
private funding.
4. Description of present ownership arrangement of project site.
5. Describe project. If project is a building, or addition to a building,
specify number of stories, square footage, and related parking. (Attach
site plan, landscape plan, and building elevations indicating building
materials.
6. Describe use in building, i.e. industrial, office, commercial, and number
of new employees resulting from the project.
7. Estimated project costs:
a. Land acquisition: $
. b. Site development: $
c. Building cost: $
d. Equi pment: $
e. Archi tectural and engineering fees: $
f. Legal fees: $
g. Bond di scount, fees to underwriter
and brokerage fees: $
h. Interest during construction: $
i. Off-site development cost: $
j. Initial bond reserve fund: $
k. Contingencies: $
l. Other (please specify) $
Total $
.
1
-'
8. Will project be occupied by applicant after completion? If not, state name
of future lessees and status of commitments or lease agreements and amount
of space. (Attach lease documents.
.
9. Describe amounts of City assistance being requested and for discuss what
purpose.
O. Are there any significant environmental impacts signs that impacts to the
site or area that may result from the project?
11. Present schedule showing dates for design, construction and occupancy of
the project
12. Applicant:
a. Name
b. Address
c. Phone
d. Authorized Representative
e. Business Firm (Partnership, Corporation, etc.)
f. Date the Partnership or Corporation was formed
13. Names and addresses of principal partners, major stockholders, etc.
14. Names, addresses, phone, and contact person for firms providing consulting
services for the project.
a. Architect/Engineering
b. Financial
c. Market
d. Legal
e. Other
.
15. Financial History/References
a. Have you applied for conventional financing for the project?
List status and details
b. Have you or any of the principals in the project ever filed for
bankruptcy?
c. Have you or any of the principals ever defaulted on property taxes for
property in the City of Stillwater?
d. Are your or any of the principals currently delinquent on property
taxes for property in the City of Stillwater?
e. List three financial references
16. A statement indicating the developers willingness to undertake the
development of the proposed project if:
a. A satisfactory agreement can be reached for the City'S commitment for
the requested public improvements;
b. A satisfactory mortgage and equity financing for the proposed project
can be secured; and
.
?
~
.
.
.
c. The economic feasibility and soundness of the proposed project have
been analyzed and confirmed to the satisfaction of the City and the
developer.
17. Statement of willingness of developer to enter into an agreement, after
project planning has been completed, which would require developer to
provide appropriate guarantees prior to the City's provision of assistance
to undertake public activity related to the proposed project.
18. Any other pertinent data developer wishes to propose.
19. The City reserves the right to require additional information and
supporting data from the applicant after the filing of this application.
Applicant understands and agrees that the information contained in this
application and the information contained in items above is intended for use by
the City of Stillwater, its officers, employees, and agents in connection with
the City's consideration of possible tax increment bond financing for
applicant's project; however, the City gives no assurance that this information
may not be disclosed, in whole or in part, to persons other than City's
officials, employees and agents.
The Undersigned, (a) (the) of applicant,
hereby represents and warrants to the City that (he) (she) has carefully
reviewed this application, and that herewith are accurate and complete to the
best of the Undersigned's knowledge and belief.
Dated:
By:
Its:
3
.
.
.
Memo to: Mayor and City Council
From: City Coordinator
Re: Executive session to discuss
Negotiations with Managers
Da: February 24, 1995
If time permits I would like to have the COlIDcil adjourn to executive session after the workshops
Tuesday to discuss the labor agreement between the City and the Manager'sAssociation. The
Managers contract has not been renewed since it expired on December 31, 1993.
The discussion should require about 20-25 minutes.
~A
1.
9:00
2.
3.
9:00
4.
9:25
5.
9:30
e.
9:55
7.
8.
9. 10:05
W ASIllNGTON COUNTY
Oennl. C. Hegberg
Ol.trlet 1
COUNfY BOARD AGENDA
FEBRUARY 28, 1995, 9:00 A.M.
***NOTE CHANGE IN LOCATION***
**5TH FLOOR SOUTH CONFERENCE ROOM**
Mary Hau..r
Ol.trlct 2
WaDy Abrahameon
Ol.trlet 3/Chalrman
Myra Petereon
Ol.trlet 4
Dave Eng.trom
Of.trlet 5
ROLL CALL
CONSENT CALENDAR
PUBLIC HEARING... H.E.L.M. DEPARTMENT - M. MCGLOTHLIN, DIRECTOR
REZONING REQUEST BY BERNARD & DELORES PREINER
HEALTH, ENVIRONMENT & LAND MANAGEMENT - M. MCGLOTHLIN, DIRECTOR
EIS FOR THE TILLER CORPORATION .MINING OPERATION IN
WEST LAKELAND TOWNSHIP
GENERAL ADMINISTRATION - J. SCHUG, ADMINISTRATO~
A. LEGISLATIVE UPDATE - SUE LADWIG
B. DISCUSSION ON CHANGING EVENING BOARD MEETING TIME
DISCUSSION FROM THE AUDIENCE
VlSlTORS M.tY SHARE THE/Il CONCERNS wrm THE COUNlY BOARD OF COMMISSlONERS ON ANY rrEM NOT ON THE AGENDA. THE ClWR WIlL DIRECT
11lE COUNlY ADM1N1SlRATOR TO PREPARE RESPONSES TO YOUR CONCERNS. YOU ARE ENCOURAGED NOT TO BE REPE1TI10US OF 1'REVl0US SPEAKERS
AND TO UMrr YOUR ADDRESS TO FIVE MINUIES.
COMMISSIONER REPORTS ... COMMENTS ... QUESTIONS
nus PERIOD OF TIME SHAlL BE USED BY THE COMMISSIONERS TO REPOlrT TO THE FUlL BOARD ON COMMllTEE ACT1V1TlES. MAKE COMMENTS ON
M.t17Elf3 OF 1N7F:REST AND /NFORMA710N. OR IWSE QUES110NS TO THE STAFF. nus AC110N IS NOT INTENDED TO RESULT 1N SUBSTANllVE
BOARD AC110N DURING nus 71ME. ANY AC110N NECESSARY BECAUSE OF DISCUSSION WIlL BE SCHEDULED FOR A FUlTJRE BOARD MEETlNG.
BOARD CORRESPONDENCE
ADJOURN
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
Da~e
Feb. 28
tlh1
MEE~ING NO~ICES
COlbll1i~~ee
~ime
Loc:a~ion
Planning Advisory Commission
Plat Commission
7:00 p.m.
9:30 a.m.
Washington County Government Center
Washington County Government Center
If you nHd a.mnee due to dl_billty '" ~ barrier, pIea_ cal/43Q-6003 (TOD 439-32201
EQUAL EMPLOYMENT OPPORTUNITY 1 AFFIRMATIVE ACTION EMPLOYER
WASHINGTON COUNTY BOARD OF COMMISSIONERS
CONSENT CALENDAR **
FEBRUARY 28, 1995
The following items are presented for Board approval/adoption:
DEPARTMENT/AGENCY
ITEM
A. APPROVAL OF THE FEBRUARY 14, 1995,' BOARD MEETING MINU~ES.
B. APPROVAL TO APPOINT LLOYD NELSON, FOREST LAKE, TO THE
PLANNING ADVISORY COMMISSION TO A FIRST TERM EXPIRING
DECEMBER 31, 1997.
C. APPROVAL TO ADOPT THE ADA TITLE II COMPLIANCE POLICY.
.
ADMINISTRATION
COMMUNITY SERVICES
D. APPROVAL OF AN AMENDMENT TO THE 1995 CONTRACT WITH REM METRO
SERVICES INC. TO PROVIDE HOME AND COMMUNITY BASED SERVICES
TO PERSONS WITH DEVELOPMENTAL DISABILITIES.
E. APPROVAL OF THE MINNESOTA DEPARTMENT OF HUMAN SERVICES CIVIL
RIGHTS ASSURANCE AGREEMENT.
F. APPROVAL OF 1995 AGREEMENT BETWEEN AMHERST H. WILDER
FOUNDATION AND WASHINGTON COUNTY TO PROVIDE ADULT DAY CARE.
G. APPROVAL OF AGREEMENT WITH MINNESOTA DEPARTMENT OF ECONOMIC
SECURITY FOR 5% INCENTIVE FUNDS, APRIL 1, 1995 THROUGH
SEPTEMBER 30, 1996.
H. APPROVAL OF 1995 CONTRACT WITH FAMILY SERVICE ST. CROIX FOR
RESPITE AND CAREGIVER SERVICES.
HEALTH, ENVIRONMENT AND
LAND MANAGEMENT
I. APPROVAL FOR THE CHAIR AND COUNTY ADMINISTRATOR TO EXECUTE
THE 1995 CONTRACTS FOR IN-HOME HEALTH SERVICES WITH THE
FOLLOWING AGENCIES: CARE PLUS, HHA INC.; COMMONHEALTH HOME
CARE; HOME CARING , CHISAGO HEALTH SERVICES; LAKEVIEW HOSPITAL.
HOMECARE; SHAMROCK IN-HOME NURSING CARE INC.; BECKLUND HOME
HEALTH CARE, INC.; AND HENNEPIN HOME SERVICES.
PUBLIC WORKS
J. APPROVAL TO SET THE MAXIMUM TOLL FOR VEHICLES USING THE
PRIVATELY OWNED BRIDGE NUMBER 5600 OVER THE MISSISSIPPI RIVER
AT ST. PAUL PARK.
RECORDER
K. APPROVAL OF RESOLUTION, FINAL PAYMENT TO VALLEY PAVING, INC.
IN THE AMOUNT OF $35,198.56 FOR BITUMINOUS OVERLAYS ON CSAH
40, 42, 45, 21, AND CR 15A, 55 AND 68.
L. INFORMATION ONLY - APPOINTMENT OF AN UNCLASSIFIED CHIEF
DEPUTY EFFECTIVE FEBRUARY 27, 1995 IN ACCORDANCE WITH M.S.
375.56 TO 375.71.
SHERIFF
M. APPROVAL TO CONTINUE WITH THE APPLICATION PROCESS OF THE
n COPS AHEAD" GRANT.
*COlISCD.t Calendar items ue gCllCra1ly defU1Cd u items or routine business, not requiring discussion, Ind approved in one voir.. Commissioners may elcc:t to pull a Consent
Calendar ilt:m(s) ror discussion and/or separalC action.
.
APPLICATION FOR PERMIT TO CONSUME
Name of Organization
II,pplicant Name (Full)
Ok/-VI
(Last)
Birth Date (,~ . /" :')
l -' I () f]
(Middle - Full)
Street Address ) ~~~'!c Ai
,
City 5+; \1 LIJ./, {r,,\
Home Phone 1((1 J ;,) 4::::& lo~?';~
State {YI (\
.
Work Phone
Zip
( Hi)'i~~j)
A-- '::;-,-..)) ")
I,~ 1/ \ :_,
Location of Event I; J IA i ,fA r j B{), 1/ r;> /)::.
I
Number of persons expected 10Q (if over 75, police officer required)
Purpose (softball game, wedding, etc.) ~n r + rc:!) ftx..Y (VA fYlJ fl+
Type of activity (fund raiser, dancing, music, etc.) 'f L1'Y] r~~ 'i ,-<, j r r~ Crio.; ( ; +u
/
Date 3/'-1 i- ~~- Time
q ,00
--ro--. tal 1'1" I l. -., ~
ta.mJp.m. - ~.... - a.m.l ,m
1.-/
Check Appropriate Information:
INDIVIDUAL OR FOR-PROFIT BUSINESS/ORGANIZATION:
3.2 Beer to Consume
NON-PROFIT ORGANIZA liONS:
3.2% Beer ~ Sell
Over 3.2% Beer. Sell
i Consume
Consume
liquor.
Wine.
Sell
Sell
Consume
Consume
." Requires a temporary license through MN Liquor Control
1"\ .
Applicants Signature ('h /1 ~) 1 Jj/:y J, )
Security fnformation(Office Use Only) ..
Police Officer Required:
_YES
I Mail License To: (If different than applicant)
". "
',J. .' \ \):.:, -( \ )J',7-.;;
-- 't
. Rev. Date 7/94