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City of Pequot Lakes <br /> 31108 Government Drive,P.O. Box 361 <br /> �� Pequot Lakes, MN 56472 <br /> -_ � City Clerk(218) 568-5222 AGENDA ITEM #12.5 <br /> Police Dept. (218) 568-8111 <br /> Fax (218) 568-5860 <br /> E-mail: cityhall @uslink.net <br /> Memorandum <br /> To: Mayor and City Council <br /> From: Sandy Peine, City Clerk <br /> Date: February 3, 2004 <br /> Subject: TIF and Ehlers <br /> The attached memo from Ehlers indicates that there have been some past errors <br /> in relation to the City's handling of TIF projects. In 2003, the City hired Ehlers to <br /> complete the reporting requirements of the State Auditor for 2002. During this <br /> process, many other issues have arisen. Ehlers have proposed a plan to clean <br /> up all of the TIF issues and discrepancies and to get the files organized. This <br /> needs to be done and will take quite a bit of work. <br /> The cost to complete the proposed plan could be about $7,650. Ehlers has <br /> begun working on some of the issues due to reporting deadline requirements. <br /> This money should be able to be recovered through TIF administration; therefore, <br /> the City should not have to budget for this. <br /> COUNCIL ACTION REQUESTED: <br /> Council motion authorizing Ehlers to follow the work plan provided to clean up all <br /> of the City's TIF issues and discrepancies with the funds to come from TIF <br /> administration. <br />