1999-05-24 Regular Meeting and Public Hearing

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e e Note: Council Agenda Items 5 & 6 Public Hearing and Creation of TIRZ will need to be handled a little differently than discussed at the Council Workshop Meeting. · After review of our documents and the proposed state law changes, we are recommending a change in the process of creating the TIRZ (with the expanded boundaries). ' Mr. Hawes, on advice of an attorney familiar with TIRZ's and the proposed state law, suggests the following to keep our public record very clean and open. In summary: 1. At the May 17th workshop, we discussed expanding the boundaries of the Zone at the Monday, May 24th Council Meeting. Unfortunately, we will need to break this into two steps. 2. We will be able to add the LPISD property on Monday, May 24, 1999 because they will appear and asked to be included. We can add the street connectors because they are not private property. However, it is not suggested we add the other areas discussed until a 2nd Public Hearing is held. 3. At the May 24, 1999 Public Hearing, Council can direct staff to prepare for an addition or amendment to the TIRZ which was originally described in the Public Hearing Notice. 4. This will require a 2nd Public Hearing to occur at a later date. This 2nd hearing and notice will include the other properties Council considered adding. This then satisfies notice of those property owners in a more explicit manner. 5. The taxing entities will be notified again, prior to May 31 st, of the proposed additions which will meet the test of the proposed legislation. 6. Because of this change in approach, we have a few blanks in the creation ordinance and the exhibits that have to be re-done. This information will be completed and available at the meeting.