2004 - Laserfiche WebLink

Home Browse Search

identifies most everything for being for industrial development. The part in the immediate picture is the Adams and Hall property located adjacent to TOA. The Hall property of 85 acres is adjacent to Flagstaff Business Park on the west side. They do not necessarily want to be annexed into Town as they are using it for farming currently, but I think they would certainly cooperate with us. This property is about the only one they could submit on a project that is needing 50 acres plus and there is one client who is considering that piece of property at this time. Helen was not sure if the commission wanted to go on the west side of Bethel Road. That area has been identified for future industrial development and it is now being considered for a housing development. She said she thought they needed to take the course of a very comprehensive look at the entire community. What do we have that is suitable and developable for industrial land and what can we do to bring that into the Town limits and extend the TIF to that area. We can't grow any more land so we want to be careful how to go about the planning. Helen said she thought the commission needed to address what to do about the older part of Town whether to decrease the size of residential, how far you want to extend to the south and how to go about doing this process. Chairman Kollmeyer said we needed to have voluntary annexation but there isn't much we can do unless we get the voluntary annexation. Attorney Currens told the cormnission that this was true in this particular area because it is in a different taxing district. Helen Humes repeated the Hall property and Flagstaff were in T1F 2. Chairman Kollmeyer said we don't have as much TIF money available in TIF 2 compared to the money available in TIF 1. So it might make more sense to expand TIF 1 to the south. Helen said the Mendman farm consisting of 135 acres were interested in voluntary annexation, but have to have contiguity. She said she would like to see this land for industrial development. Lauren Matthes asked why they should extend TIF 1 instead of TIF 2. Chairman Kollmeyer answered there is more money available in TIF 1 for help with new industry. Lauren said they could probably make the argument that both areas serve that TIF. She thought other communities use one district to help another district and you would have to use "blight" term to extend TIF 1. Attorney Currens said that shouldn't be too difficult because you could use lack of development. Lauren said if you reduced TIF 1 and then increased TIF 2 you wouldn't necessarily have to bring them both to the Plan Commission or Town Council. She told the commission if they were going to reduce TIF 1 they would have to identify the parcels to see what parcels had improvements and see how much money the commission would lose as a result of the decrease. Jason said the commission needed to make sure the sewer improvements had been accomplished for the area they were taking out of TIF 1. It might be easier to keep everything in the TIF area so as to justify making improvements. Chairman Kollmeyer said he was not sure there was an advantage to a reduction in T1F 1. Attorney Currens said he thought the law now allowed the commission to make improvements outside the TIF area if you can show the economic impact to the area as a whole. So he did not think there was a problem on that issue. He said he had not found anywhere if you take away some and add some that that isn't an increase beyond twenty percent. He told the commission he would be more comfortable going thru the whole process because there just isn't anything that says adding some and reducing some you are really impacting an area.