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04-10-13 Urban Renewal Agency MinutesCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903 Telephone: (406) 758-7701 Fax: (406) 758-7758 Urban Renewal Agency Summary of Activities 04/10/2013 MEMBERS IN ATTENDANCE Marc Rold- Chairman Suzanne Faubert Murphy McMahon OTHERS IN ATTENDANCE City of Kalispell Staff —Planning Director, Tom Jentz; Community Development Manager, Katharine Thompson; Community Development Administrator, Lindsey Simpson CALL TO ORDER Chairman Rold called the meeting to order at 4:00p.m. ACCEPTANCE OF AGENDA Members were given and e-mailed the following: • An agenda for this meeting. • A Summary of Activities of the 03/13/13 meeting and 03/20/13 work session • 2011 Annual URA Report • Draft 2012 Annual URA Report ACCEPTANCE OF PRIOR MEETING SUMMARY OF ACTIVITIES Prior meeting "Summary of Activities" were reviewed and the documents were accepted as written. PUBLIC COMMENT: No public comment offered. UNFINISHED BUSINESS No unfinished business NEW BUSINESS Certification of taxable valuation- Katharine Thompson updated the committee on how the Department of Revenue determines values. She has met with Monty Long of the Department of Revenue to discuss these values. Ms. Thompson explained the timeline of when values are determined by the Department of Revenue and reported that it is the City's responsibility to accurately assign properties within TIF district boundaries. • Annual Report Preparation -The following comments and changes were suggested regarding the 2011-2012 draft report: -Actions taken by the URA and City Council during the reporting year should be included in the report -The final report should be signed by the URA chairman -The committee would like to include fund balances for the beginning and ending of the reporting year -Taxable values should be included in the report -The committee would like to include debt service, overhead, and investment for the reporting year -The committee would like to know what the percentage of the Cities taxable value is in the TIF districts -The committee would like to include wording on the Airport TIF indicating that it can't be extended Schedule next meeting- The committee held discussion on the vacant seat of Shannon Nalty and how/when the City advertises these seats. It was decided that the URA will hold a work session on May 1 at 4pm and approve the updated 2012 draft annual report at that time as well as discuss the TIF guidelines and policies. An updated 2012 annual report will be sent to the committee for review prior to the May 1 work session. The next meeting of the URA will be held on May 29 at 4:OOpm. ADJOURN MEETING The meeting was adjourned at 4:58pm End of Summary of Activities 4/10/13