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TO: Mayor and City Council �, <br />'�?`' 1 APR 14 i?86 <br />FROM: Mark Bernhardson, City Administrato �, <br />DATE: March 24, 1986 X of okukv <br />SUBJ: Navarre Re(' ielopment <br />Attached is the tentative work plan to undertake the issues <br />regarding Navarre Redevelopment. In addition to having prepared <br />a property inventory for two different sized districts for rede- <br />velopment in the Navarre area, the staff has been reviewing the <br />applicable statutes regarding implementing a housing and Rede- <br />velopment. Authority, tax increment, financing, etc. As noted, <br />the extent to which anything can be done may be effected by <br />Gramm-Rudman not only as it relates t­ the taxability of any <br />bonds issued for such redevelopment but also potential impacts of <br />highway funds etc. as to the County 15 upgrade. <br />D ing the April - May time frame, it is anticipated the meetings <br />will be set up for preliminary discussions with the business <br />people in order to develop the level of interest and the <br />directions the people directly involved might be interested in <br />taking. <br />This item wi l l be on the Apri 1. 28th agenda. <br />Proposed Motion - Moved by __, seconded by , that. the City <br />Council accept the information from the Administrator regarding <br />Navarre Redevelopment and that the issue be discussed at the <br />April 28, 1986 Council meeting. Ayes , Nays <br />