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02/23/1989 - Minutes CITY CENTER PLAN TASK FORCE Thursday, February 23, 1989 Town Hall Conference Room 6:00 p.m. MINUTES Members Present: Stuart Cohen, Mike Marr, Pam Juarez, Richard Morley, Joy Henkle Consultants Present: Bob Moore city Council Members Present: Valerie Johnson Others Present: Ed Murphy, Liz Newton, Duane Roberts, Dan Dolan, two other guests Called to order by Chairman Cohen at 6:15 p.m. Minutes of the previous meeting were approved with several corrections. COUNCIL REPORT: Cohen reported that the Council meeting regarding the ordinance went smoothly and the agency has been passed. SUMMERFIELD PRESENTATION: Tax increment financing will need to be explained thoroughly to the general public. Also, a PR issue will be getting across the idea that the general publics' taxes will not increase. BOARDS/COMMITTEES PRESENTATION: Three of the City's eight NPOs were represented. Not a good representation. All seemed pleased with what had been presented. More in favor than against. NEWSLETTER/INFORMATIONAL LITERATURE: Cohen mentioned that getting a newsletter done is important. Richard said to start with the idea of a tax relationship that says ". if we don't do anything, this is what will happen to your taxes." Liz mentioned that the downtown is a declining area and does need to bring its property values up. Mike looks at tax increment financing as "money in the bank" down the road, an investment. He did stress Summerfield's hesitency to look at the plan because of its long range nature. He also mentioned that we need to maintain a credible image. Roberts mentioned that the statement that "no development will occur" without the plan is an overstatement. Several mentioned that they didn't believe that to be true, but that property values probably would stay flat. Morley mentioned that the "opportunity cost" is very high if nothing is done in downtown Tigard. The plan is a way to maximize the potential of developments. Marr said that the newsletter should go out as a task force (volunteer) effort. He also discussed an uneasiness with having told Summerfied residents that they would have no tax increase, believing now that their taxes would go up. He suggested laying out tax example options. Henkle discussed using her communications company to edit and design the piece for the task force. Valerie drew a chart: 0 yr 5 yr 10 yr 1. 5 yr 16- No district No + of value No district 30% increase at15 yrs ----------------------------------------------------- No district 100% decrease at15yrs ----------------------_----------_------------------ Ta.x increment district Increase of 300% Cohen said to talk about the benefits of the plan as part of the newsletter. REVIEW PLAN AND REPORT: Moore said that the report intentionally was vague so the plan could be implemented with a lot of flexibility. Murphy brought up the fact that the plan is amended on a yearly basis to update or change as needed. Valerie brought up the idea that the foundation of this work will "live on" with or without a "yes" vote by the public. Morley and Johnson mentioned that they liked the term "landmark" vs. "tower". Marr questioned Bob's rationale for prioritizing the three 5 year periods. Also, reiterated listing the periods in alphabetical order. Murphy mentioned that the developer drives the improvements (normally), so the plan must be flexible. Valerie suggested that transportation issues were the most critical components to the plan. Marr mentioned that Scoffins and Hall is an important issue and should be addressed earlier in the report than in the third phase. Adjoured at 9:45 p.m. Respectfully submitted by Joy Henkle.