City Council Minutes 2020 02 18 - Laserfiche WebLink

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City Council Meeting Minutes February 18, 2020 Page 4 of 18 the District the 25% share of the TIF revenue. The District continues to serve areas of the City that are in the Urban Renewal Area without getting funding from them. Councilmember Dickinson stated his understanding was that if the mill levy did not pass then the City would consider this, but with the recent mill levy increase this is a different conversation. He feels the District should have asked for a slightly higher mill levy to cover this. He stated the LRC needs the funding as well. Councilmember Lipton stated his assumption was that if the ballot issue passed this agreement would not be needed. This request is not what was represented to us six months ago. Councilmember Leh stated the Fire District is simply trying to improve their situation. However, given the approval of the mill levy increase last fall he doesn't feel it is appropriate now to support this. Councilmember Fahey stated the 3.9 mill levy should go to the Fire District but that the original TIF funding could be better spent on issues in the Revitalization Area. Councilmember Brown stated the intent of voters is important and people intended for that mill levy increase to go to the Fire District. It is important to honor that and he supports approval of the resolution. Councilmember Dickinson suggested adjusting the numbers to give the District some funds but not such a large percentage of the TIF funds. Councilmember Brown suggested an agreement that would allow the District to get all of the new 3.9 mill levy and the LRC keep all of the original TIF funding. Mayor Pro Tern Maloney stated he was uncomfortable making changes to the amounts on the dais without full information. Councilmember Lipton agreed and added new LRC revenue projections should be taken into consideration before making changes. Mayor Stolzmann moved to approve Resolution No. 15; Councilmember Brown seconded the motion. Mayor Stolzmann stated she supports the resolution and the share back of the 25% of the TIF particularly because if the District had asked for this when the URA was created they would have gotten it then. The 3.9 mills is a new tax the voters approved and she feels it should be passed through to the District. Councilmember Lipton proposed a substitute motion to continue the item to May 19 when the new revenue projections for the urban renewal area are known and more information is available. Councilmember Fahey seconded.