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City Council Minutes <br />March 6, 2012 <br />Page 6 of 7 <br />-------------------------- <br />10. Citv Enaineer Report <br />Tim Houle gave a brief update on the progress of the Government Drive <br />project. <br />11. Clerk's Report <br />Report accepted by Council. <br />11.1. Reassianment of TIF 1-9 Development Aqreement <br />The Clerk informed the Council that there has been a request to reassign <br />the TIF 1-9 Developer's Agreement. <br />Mark Jurchen noted that he was present on behalf of the Economic <br />Development Commission. He noted that the EDC has recommended that <br />the TIF be reassigned to the new owners. He explained that retail is <br />difficult at this time and the Council has the option to extend the TIF. He <br />urged the City Council to approve the reassignment of the TIF. <br />COUNCIL MEMBER MALECHA MOVED TO ADOPT RESOLUTION 12- <br />07 APPROVING ASSIGNMENT OF DEVELOPMENT AGREEMENT <br />FROM BRETT AND SARAH DALE, LLC TO LAKES STATE BANK. <br />COUNCIL MEMBER AKERSON SECONDED THE MOTION. MOTION <br />CARRIED 3-0. <br />COUNCIL MEMBER MALECHA MOVED TO ADOPT RESOLUTION 12- <br />08 APPROVING AND AUTHORIZING THE EXECUTION OF AN <br />ASSIGNMENT AND ASSUMPTION OF RIGHTS AND OBLIGATIONS <br />AGREEMENT BY AND BETWEEN LAKES STATE BANK AND <br />CLEMENT ENTERPRISES. COUNCIL MEMBER AKERSON <br />SECONDED THE MOTION. MOTION CARRIED 2-0. MAYOR ADAMS <br />ABSTAINED. <br />COUNCIL MEMBER MALECHA MOVED TO AUTHORIZE PAYMENT <br />OF TAX INCREMENTS (AUGUST 1, 2011 TAX INCREMENT IN THE <br />AMOUNT OF $2,938.01 AND FEBRUARY 1, 2012 TAX INCREMENT IN <br />THE AMOUNT OF $2,938.01), TO LAKES STATE BANK CONTINGENT <br />ON THE COSTS ASSOCIATED WITH THE ASSIGNMENT BEING PAID. <br />COUNCIL MEMBER AKERSON SECONDED THE MOTION. MOTION <br />CARRIED 3-0. <br />11.2. Wellness Proqram <br />