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From YouTube: Aiken City Council Special Work Session
B
You
for
being
here
to
this
work
session
today,
I
want
to
I
want
to
state.
So
everyone
knows
for
the
record.
We
don't
usually
have
a
meeting
at
four
o'clock.
We
moved
our
work
session
to
this
room,
so
it
could
be
recorded
and
then
we
can
post
it
on
our
website
and
on
our
city,
YouTube
channel.
We
certainly
want
this
would
be
a
way
to
get
information
out
as
what,
as
the
council
is,
what
we're
still
doing
is
gathering
gathering
information
on
the
project.
I
also
want
to
say
from
the
beginning.
B
Also,
in
our
work
session,
we've
asked
our
staff
to
come
up
with
a
way
to
help
make
this
process
work
with
the
developer
on
the
significant
investment
in
our
in
our
community.
I
say
that,
because
it's
a
proposal
at
this
point,
certainly
city
council
hasn't
put
on
it,
but
but
I
want
to
say
in
particular
for
our
County
Council
and
our
school
board
and
I've
been
happy
to
have
a
school
board.
B
Member
with
us,
thank
you
being
here
that
for
those
guys
that
this
is
our
proposal
that
we've
put
together
we're
going
to
be
talking
to
them
as
partners.
Certainly,
we
hope
that
they'll
be
willing
to
participate
but
and
know
no
way
by
putting
this
out
into
this
discussion
today.
Do
we
want
in
any
way
try
to
try
to
say
that
they're
committed
or
anything,
because
they
haven't
even
had
an
opportunity
to
have
the
proposal?
B
This
is
the
beginning
of
the
discussion
and
we're
doing
that
quite
honestly,
because
we
want
everything-
and
this
would
be
in
the
spirit
of
transparency,
so
you
know
it
may
even
be
early
to
be
be
having
this,
but
I
think
the
more
information
that
we
have,
the
more
information
that
our
citizens
have,
the
better
decisions
we
can
make.
So
we
thank
you
for
being
here
again.
This
is
the
beginning
of
a
conversation,
certainly
not
the
end.
There
will
be
no
vote
taken.
B
This
is
an
opportunity
for
council
to
talk
to
our
staff
and
staff
to
do
the
presentation
and-
and
we
want
our
citizens
and
know
this
afterwards.
Also,
we
certainly
were
going
to
have
our
staff
hang
around
afterwards
in
case
there's
any
other
questions.
This
is
this?
Isn't
a
public
hearing
on
it
again?
This
is
an
initiation
of
the
process
and
of
the
information.
So
we
appreciate
you
being
here
and
we
look
forward
to
going
through
this
exercise
of
sharing
it's
sharing
information
with
you
with
that
I'd
like
to
introduce
our
city
manager,
mr.
D
You,
mr.
mayor,
what
we
have
is
a
proposal.
The
genesis
of
this
began
in
the
spring
when
the
previous
proposed
buyer
withdrew
from
the
project
WTC
LLC
reached
out
to
us,
and
obviously
they
contacted
the
county
with
their
interest,
but
they
reached
out
to
us
as
well,
because
they
knew
that
their
plans
for
the
project
were
to
would
require
a
rezoning
and
a
concept
plan,
approval
and
they've
inquired
about
potential
potential
public-private
partnership.
D
D
An
amended
or
modified
Memorandum
of
Understanding
that
I
would
like
to
go
over.
The
only
change
in
the
document
is
on
page.
Excuse
me
as
paragraph
two
on
pages
two
and
three
and
I
think
that
is
key
to
this
one
of
the
issues
that
was
brought
up,
as
certainly
they
are
required.
They
are
asking
for
a
potential
reimbursement
of
up
to
twelve
million
five
hundred
thousand
dollars
and
they
have
modified
the
installment,
the
the
terms
of
the
installments.
There
are
still
five
installments.
D
D
Otherwise,
the
language,
the
clawback
language
and
the
properties
in
question
the
project,
cost
etc
is
the
same.
But
I
did
want
to
begin
this
conversation
with
this
information
because
I
know
and
hearing
some
of
the
comments
I
received
from
the
public
were
you're
paying
money.
The
first
installment,
which
could
be
greater
than
the
purchase
price
I,
believe
the
purchase
price
is
a
million
a
hundred
thousand
dollars
and
again
they
are,
are
cognizant
of
that
and
have
made
some
modifications
to
paragraph
two.
D
D
B
A
Miss
America
I
just
want
to
say
first
of
all,
I
concur
with
you
that
this
is
a
work
session,
not
a
public
hearing
the
point
of
the
biggest
investments
we've
had
in
the
city
and
quite
a
while.
This
is
the
first
time
we've
participated
in
something
like
this
in
a
long
time
think
just
before
sand.
We
need
to
understand
that
the
first
one
is
the
amount
of
funds
we're
going
to
invest
in
this
project
and
I.
A
Think
the
first
question
is:
are
we
willing
to
do
that
and
our
first
question
is:
do
we
have
a
sense
of
council
here
that
everybody
feels
that's
the
right
number
once
we
agree
on
the
number
the
disposition
of
it
becomes
pretty
easy
to
do
so.
I
think
we
should
counts,
divide
this
into
two
things:
the
number
and
how
we
pay
it
at
the
numbers,
the
right
number
and
our
job
becomes
a
lot
easier.
A
We
just
have
to
figure
out
how
to
do
it,
so
I,
don't
think
we
should
be
in
here
debating
any
of
this
until
we
decide
if
we're
at
the
right
number
and
the
12/5
works.
If
it
doesn't,
then
it
may
not
work
for
the
developers
that
we
may
be
finished
right
there,
so
we
just
have
to
figure
that
out
to
start
with
mm-hmm.
E
B
D
Again,
this
project
was
presented
to
us
in
the
spring
and,
let
me
say,
the
property
is
still
owned
by
a
keen
Connie,
no
transfer
of
sale
has
occurred
yet
I
know
there
are
several
issues
at
play.
One
of
them,
of
course,
is
the
antenna
at
the
property,
and,
while
that
is
not
part
of
this,
MOU
certainly
work
the.
D
So
one
of
these
things,
of
course,
with
this
amount
of
money
that
we
are
looking
at.
This
is
something
that
typically,
as
part
of
a
public-private
partnership,
involves
certain
asks
of
by
a
developer
of
a
governmental
unit,
in
this
case,
in
South
Carolina.
The
what
is
proposed
here
is
a
of
a
public-private
partnership
is
what
we
would
call
a
multi
County
Business
Park
arrangement,
and
this
agreement
has
to
be
struck
at
the
county
level.
D
Obviously,
the
county
has
an
interest
in
this
property
on
multiple
levels.
One
level
is,
of
course,
fundamental
they're,
the
owner
of
the
property,
and
they
would
like
to
sell
the
property.
This
property
has
been
been
owned
by
the
county
since
at
least
the
late
1970s
by
the
county
government
as
and
it
was
their
government
center
from
the
late
1970s
until
2014.
So
at
least
for
that
amount
of
time,
almost
40
years
it
has
been
off.
The
tax
rolls
the
also
a
portion
of
the
property.
D
D
So
when
you
factor
it
in
the
entire
property
in
question,
is
a
little
over
11
acres,
10.4
acres
on
the
western
side
of
Morgan
and
about
3/4
of
an
acre
on
the
eastern
side
of
Morgan
on
the
rear
on
the
Barnwell
side
of
that
block.
So
second
I
mentioned
that
the
county
would
like
to
sell
the
property.
Certainly
the
multi
County
Business
Park
agreement
is
an
agreement
which
we
the
city's
done
before
we've
done
in
the
last
year
and
a
half
out
at
the
Aiken
mall.
D
But
it
is
a
fee
in
lieu
of
taxes,
sort
of
agreement
that
is
initiated
at
the
county
level,
but
at
a
minimum.
Local
levels
of
government
have
to
consent
to
participate
in
the
multi
County
part
and,
as
the
mayor
said
at
the
very
beginning
of
the
meeting
when
he
gaveled
it
in
as
in
as
in
initial
remarks,
this
this
is
proposal
assumes
that
there's
full
participation,
but
again,
that
is
to
be
determined,
because
there
are
a
lot
of
factors
in
play
with
full
participation.
D
Each
entity,
the
city,
the
school
district
in
the
county,
would
each
take
a
fee
in
lieu
of
taxes
for
the
property
and
it's
dedicated
for
this
project
to
help
pay
back
any.
In
this
case,
it
would
help
pay
back
any
borrowing
that
would
need
to
be
done
to
assist
the
developer.
This
is
not
an
unusual
mechanism
in
the
state
of
South
Carolina.
It's
done
by
a
lot
of
localities.
D
Recent
a
close
example
is
North
Augusta
North
Augusta
did
not
do
a
multi-county
Business
Park.
They
did
a
fee
in
a
TIF
district,
but
it's
done
in
jurisdictions
from
Rock
Hill,
Florence,
Columbia,
Charleston,
Greenville
Spartanburg.
A
number
of
jurisdictions
have
done
these
fee
and
lieu
agreements.
They
are
done
here
in
Aiken
County
more
fairly
regularly,
but
it
is
done.
D
The
property
would
have
a
minimal
impact
on
school
population.
This
is
not
building
a,
for
example,
a
residential
subdivision,
where
it
could
strain
finite
school
resources
in
terms
of
classroom,
size
and
etc,
and
there
could
be
there
will
be
a
multiplier
effect
that
will
benefit
other
businesses,
especially
those
in
the
immediate
area
of
the
property.
I
know,
Councilwoman
price
I
believe
described
I.
Think
at
our
last
council
meeting
the
store
manager,
Food
Lion,
that
Kalmia
Plaza
remarked
that
in
anticipation
of
this
project,
they
were
gearing
up
to
make
some
cosmetic
improvements
to
their
stores.
D
So
it
has
that
spin-off
effect.
One
thing
we
have
done
and
we
do
not
have
the
study
yet,
but
we
have
contacted
a
professor
at
USC
Aiken,
who
will
be
putting
together
a
multiplier
and
economic
impact
statement
for
us
a
little
more
detail
than
using
the
data
from
this
project.
So
we'll
have
that
and
release
it
to
the
public
when
we
receive
that
and
we
could
get
that
as
early
as
next
week,
I
believe.
D
Probably
the
the
one
way
that
his
proposed
was
through
a
portion
of
money
used
through
a
fee
in
lieu
tax
agreement
through
a
multi-county
business
part
that
would
provide
about
ten
million
dollars
through
over
a
twenty
year
period
that
can
be
used
to
get
to
that
point
and
then
the
we
expect
this
property
being
a
hotel
I
want
of
the
property
being
a
100-room
hotel.
Being
very
conservative.
I
know
the
developer
believes
they'll
have
an
average
daily
occupancy
of
seventy
percent.
We
we
back
that
down
to
about
fifty
percent.
D
We
believe
by
borrowing
against
expected
collections
of
their
accommodations
tax.
That
would
bring
us
about
a
million
one
hundred
and
seventy
five
thousand
dollars
towards
the
project.
Also,
there
will
be
stormwater
infrastructure
work
on
and
off
site.
That
would
need
to
be
done.
That
would
this
project
will
have
an
impact
on
stormwater
in
the
immediate
vicinity.
Most
of
you
I'm
sure,
you're,
familiar
with
the
topography
of
the
project,
I
believe
from
the
grade.
D
I
know
the
initial
concept
plan
that
was
before
the
Planning
Commission
in
May
and
City
Council
in
June
had
a
parking
garage,
and
now
they
are
looking
to
eliminate
the
parking
garage
and
go
to
surface
parking,
and
a
portion
of
this
money
would
come
from
hospitality
tax
and
a
portion
of
that
parking
area
would
be
public
for
public
use
in
order
to
meet
the
requirements
of
the
of
the
hospitality
tax
use.
I
have
gone
through
at
the
very
beginning
to
change
to
the
MOU
that
shows
the
benchmark
payments.
Again.
D
The
developer
has
agreed
or
offered
to
modify
the
installment
payments
to
where
they
time
will
any
money
paid
to
him
exceed
what
he's
paid
into
the
project.
So
again,
that
is
something
we
got
today
around
lunchtime
it's
on
the
board
or
excuse
me
on
the
screen
there
and
counsel
has
that
at
their
place
and
again
we
also
have
clawbacks
and
conditions
in
this
project
in
that
the
developer
must
agree
or
deliver
upon
the
agreed-upon
scope
of
the
project.
D
Otherwise
any
installment
payments
paid
gets
reimbursed
to
the
city
also
if
the
project
is
not
substantially
completed
within
thirty
six
months
of
of
the
groundbreaking,
the
I'm
sorry,
the
closing
the
amount
of
available
funds
are
reduced
by
one
hundred
thousand
dollars
a
month,
so
those
are
that's
sort
of
the
30,000
foot
overview
of
the
of
the
proposed
MOU
document.
That
is
with
the
city
now.
Another
question
we
have
is:
where
does
this
project
stand
because,
as
you
know,
we
as
I
referenced
earlier?
D
We
had
first
reading
of
this
project
that
excuse
me
the
Planning
Commission
heard
it
may
the
14th,
the
city
had
first
reading
June
the
10th
second
reading
at
the
developers.
Request
was
delayed
and
right
now,
I
do
need
to
defer
and
ask
Ryan
as
as
we
sit
here,
this
moment
has
a
planned
and
turned
in
okay,
so
no
plan
has
been
turned
in
so
the
earliest
it
could
go
to
the
Planning.
Commission
would
be
at
the
meeting
in
October,
which
is
the
second
Tuesday
in
October
and
I.
D
D
Whenever
it
goes
to
the
Planning
Commission,
if
it's
October
15th,
if
it's
at
a
later
date,
it
will
then
be
the
Planning
Commission
will
make
a
recommendation
back
to
City
Council,
where
it
will
come
back
to
them
on
second
reading
at
the
subsequent
meeting,
which
is
typically
about
13
days
after
the
Planning
Commission
meeting.
So,
for
example,
if
it
goes
to
the
Planning
Commission
October,
the
15th,
it
will
come
to
City
Council
for
second
and
final
reading
on
October
the
28th.
So
that
is
where
the
project
stands
in
terms
of
in
the
city.
D
City
machinery,
so
to
speak
the
MOU
this
before
you
today
could
come
to
council
as
early
as
September
9th
for
consideration.
Right
now.
The
plan
I
believe
is
September
9th
I
know
the
developer
would
be
interested
in
it
coming
September
9th,
so
he
can
begin
doing
some
work.
But
that
is
that's
my
report
at
this
time.
Mr.
mayor,
thank.
D
You
mean
work
on
the
property.
Well,
they
would
not.
I
certainly
can't
speak
that
that
would
be
an
agreement
they
would
have
to
have
with
the
county,
but
typically
they
would
need
to
arrange
a
closing
with
the
county
and
I
must
say
that
is
an
issue
between
the
county
and
the
developer.
So
I
am
not
sure
if
a
closings
been
scheduled
at
this
point,
but
no
I
do
unless
they
say
otherwise.
A
E
Fives,
not
the
right
number
numbers
18
when
you
consider
the
interest
on
the
210
million
dollars
that
in
a
packet
that
you
have
to
somebody's
gonna,
have
tomorrow
page
11
of
our
packet,
we
don't
have
$10
to
give
them.
You
know
at
the
12.5
million
to
give
them
so
page
11
talks
about
mc2
multi-county
park.
D
Do
we
think
the
rate
will
be
higher?
Probably
not
we
think
again.
We
wanted
to
overestimate
I
know
as
a
comparative
comparatives
sake
for
the
Public
Safety
Building.
We
borrowed
eight
point:
nine
million
dollars
to
pay
back
over
20
years
and
we
got
a
rate
of
three
and
three
quarters
percent
for
years,
one
through
15
in
a
variable
rate
that
will
not
exceed
four
percent
in
year
16
through
20.
If
we
do
not
pay
it
off
before
then
so
that's
we
tried
to
be
very
conservative.
E
E
So
that
new
paragraph
to
a
could
just
as
easily
stipulate
that
we
would
give
the
developer
the
1.1
million
and
then
in
paragraph
B
I,
don't
know
how
much
it's
going
to
cost
to
demolish
the
building.
But
that's
all
we
would
give
the
developer
at
that
point,
which
is
certainly
less
than
two
and
a
half
million
and
the
third
eye
there's
a
lot
of
unknowns
here.
I
hate
to
sound,
sound
unfamiliar
with
it.
E
Well,
but
we
are
we've
never
done
this
before,
but
the
third
part
of
that
is
engineering
and
regulatory
approval
from
local
and
state
agencies,
I'm,
not
sure
what
the
cost
of
that
would
be.
This
certainly
there's
a
cost
for
the
engineering.
We
know
what
we
pay
the
engineering
on
some
of
our
road
projects,
so
that
could
be
quite
expensive
and
and
then
the
then
the
develop
of
against
construction
and
and
gets
another
that
gets
two
and
a
half
million
from
the
city,
so
I
mean
I'd.
E
I
understand,
but
it's
our
money.
We
ought
to
have
I'm
just
saying
it's
our
money.
It
would
be
in
our
interest
to
have
the
apartments
generating
some
taxes
and
so
forth.
First,
while
he
does
the
hotel,
but
that's
that's
to
be
decided,
but
an
answer
to
your
question.
It
appears
to
me
as
though
we're
close
to
16
18
million
dollars
that
the
city
I
understand.
A
A
E
That
that's
your
money
when
you
buy
a
house,
this
is
taxpayer
money.
When
we're
when
we're
funding
a
development
and
to
me
there's
a
big
difference,
I
mean
this
is
money
the
taxpayers
are
going
to
have
to
pay,
and
then
this
is
a
fee
in
lieu
of
and
I,
don't
know
what
the
fee
is.
I,
don't
understand
this
concept,
if
that's
not
clear
to
people,
how
much
is
he
going
to
give
us
instead
of
the
$800,000
in
taxes
that
he
would
normally
give
us.
E
Absolutely
I
have
no
qualms
about
that,
but
and
I
don't
I,
don't
know
how
you
come
to
the
20-year
impact,
it's
great
that
the
grocery
store
is
going
to
accept
it.
But
if
you
look
at
the
area
that
this
project
is
located
in,
most
of
it
is
residential,
at
least
as
you
come
towards
towards
downtown,
and
when
you
go
towards
that
richland
corridor.
E
E
E
F
Understand,
though,
that
people
come
into
that
area
of
town,
they
are
their
economic
impact
just
to
kind
of
add
to
it.
What
mayor
asked
me
just
said
can
be
had
in
downtown
Aiken
on
the
south
side
at
the
farmers
market
can
be
it'll
impact
in
general,
not
just
in
that
core
area,
which
is
a
residential
community
and
you're
correct.
B
I,
thank
you
for
reminding
me
also
with
the
Richland
Avenue
I.
Think
that's
important
to
include.
We've
had
a
lot
of
interests
from
property
owners
and
meetings
with
our
with
our
planning
about
ideas
for
that
corridor.
As
far
as
improvements
on
it,
I
think
this
is
a
great
catalyst
to
bring
those
folks
back
together
and
continue
that
work
as
we
as
we
clean
up
the
entryways
into
our
city.
G
And
spark
interest
from
other
investors,
but
also
is
it.
It
is
an
investment
and
we've
been
living.
This
just
go
undone
for
so
long,
and
if
we
don't
do
something,
then
we
might
lose
another
investor
I
like
that.
We've
set
a
timeline
what
they
have
set,
one
for
us
and
I,
like
that.
We
included
the
clawback
provision
so
that
we
can
they
can
have
to
pay
a
penalty
if
they
don't
do
it
on
time.
So,
I'd
like
that
I
wish.
We
had
done
that
to
some
other
projects.
G
D
E
With
regard
to
the
clawback,
there's
two
things:
one
is
straight
on
in
the
city
attorney
eyes:
I
hope
will
agree
with
it,
and
that
is
it.
There
has
to
be
a
caveat
if
some
major
events
prevents
us
from
issuing
the
permits
and
so
forth
needed
for
this
project
to
develop
that
we're
not
to
be
penalized.
For
that
I
mean
I,
can
visualize
a
storm
coming
in
what
tornado
or
something
but
the
way
that
is
worded
right.
G
E
After
August
12
2019
yeah,
it's
not
okay,
not
to
exceed
50,000,
double
okay,
what
happens
and
I
understand
and
that
this
is
pure
hearsay
based
on
a
letter
to
the
editor,
but
north
augustus
baseball
park
is
not
doing
what
they
thought.
What
happens
if
the
hotel
owner
does
not
get
50%
occupancy
at
140
dollars
per
night?
We're
betting
that
that's
going
to
happen,
and
that's
that's
a
major
financial
issue
for
us.
If
that
doesn't
happen,
can
there
be
a
provision
in
the
quad
back
that
the
developer
pays
us?
B
D
A
That
is
not
in
in
business.
You
take
that
gamble
when
you're
in
business
you
take
that
gamble,
yeah
and
and
and
if
you've
never
had
to
be
your
own
boss
and
make
your
own
payroll
and
put
out
your
own
money
to
do
it.
You
may
not
understand
that,
but
if
you've
done
it,
you
realize
that's
the
cost
of
going
into
business.
I.
H
F
H
D
They
will
they
will
have
to
satisfy
all
requirements
of
the
land
development
regulations
which
I
know
they
do
require
performance
bonds.
At
certain
points
during
the
project
before
grading,
typically
before
a
grading
permit
is
issued,
and
it's
based
on
the
value
of
the
project
is,
determines
the
amount
of
the
performance
bond.
D
D
The
county
in
less
I'll
use
them
all.
As
an
example,
the
mall
Aiken
County
was
the
initiating
County.
They
partnered
with
Edgefield
Aiken
County
gets
99
percent
of
the
fee
and
Lew
number
1
percent
of
the
fee
and
Lew
number
goes
to
Edgefield
County
because
typically
I
believe
and
I'm,
not
an
expert
on
the
multi
County
Park.
But
you
have
to
partner
with
a
county
that
has
is
more
economically
distressed
or
you
could
partner
with
any
contiguous
a
contiguous
County.
So
we
could
partner
with
Barnwell,
Lexington,
Saluda
or
Edgefield
and
I.
D
B
C
C
I
watched
the
investor
on
the
corner
of
Rutland
and
highway
19
placed
an
investment
on
that
corner,
one
of
which
we
have
not
seen
at
that
level
for
several
decades
in
this
part
of
the
community.
Here
is
an
opportunity,
as
my
colleague
has
said,
at
wolves
at
this
level.
We
have
not
seen-
and
here
is
an
opportunity
for
all
of
us
to
celebrate.
C
Frankly,
I
was
on
council,
then,
and
I
was
shocked
that
you
had
a
representative
body
that
unanimously
agreed
to
invest
five
million
dollars
in
a
depressed
slum
community
and
right
now
we
hold
that
community
up
with
pride
because
they
are
not
winners,
they're
home
owners.
We
took
a
risk.
We
took
a
gamble
here
is
an
opportunity.
I
can
throw
up.
You
can
throw
up
many
roadblocks
anything
we
do.
C
Aiken
is
a
prime
area.
We
have
so
many
attractions
here
and
we
want
these
people
to
move
here
to
enjoy
what
we're
enjoying,
but
we
can't
do
that
unless
we
take
rest
unless
we
invest
I
support
this
at
12.5
million.
I
hope
that
we
move
forward
and
I.
Thank
all
of
you
all
for
being
here
and
I
hope
you
will
support
it
as
well.
E
B
B
I
Now
the
mic
is
on
all
right.
So
what
we
know
in
general
about
economic
development,
we've
shared
it
together
and
discussed
it
for
the
last
couple
of
years
and
in
focus
over
the
last
several
months
is
that
these
types
of
designed
public-private
partnerships
are
a
consistent
element
in
economic
development
in
communities
of
our
size
and
often
far
larger.
What
we
seek
to
do
as
a
community
just
like
others
is
we
seek
to
put
ourselves
out
of
this
business.
Much
like
the
Charleston
area
has
in
1984.
I
So
in
this
case
we
know
that
this
exists.
We
know
that
every
major
sports
venue
in
the
country
we
know
that
lots
of
projects
and
cities
and
towns
our
size
are
initiated
in
exactly
this
way.
We've
done
an
evaluation
which
I
shared
with
you
recently
that
some
current
projects
that
are
fairly
recent
in
North
Augusta,
the
Ballpark
Village
project
for
every
one
dollar,
the
public,
contributed
to
that
effort.
I
$3.22
was
spent
by
the
private
sector.
Florence
is
currently
having
a
a
rebirth
of
their
downtown,
which
I
spent
five
years
in
Florence
when
I
was
at
Frances
Marion
and
it
needed
it.
They've
actually
spent
$1
for
every
50
cents
that
they've
gotten
private
investment.
In
now,
that's
an
open-ended
investment.
Did
they
expect
to
that?
Those
that
ratio
will
change
over
time
and
then
for
the
the
city
of
Rock.
Hill
is
involved
in
an
investment
right
now
see.
I
E
I
The
property
would
be
taken
off
of
the
ad
valorem
tax
rolls
okay
immediately
upon
entering
a
multi-county
park
and
what
they
would
pay
is
a
fee
in
lieu
of
okay.
It's
the
fee
in
lieu
of
the
it's
what
it
goes
to
not
the
amount
that
is
different.
The
amount
of
that
fee
would
be
based
on
the
assessment.
It's
6%
of
the
market
value
the
assessed
value
of
that
property.
Okay,.
I
At
every
every
year
of
that
arrangement,
WCTC
development
would
write
a
check
for
whatever
the
tax
value
would
be.
Now
the
question
becomes:
does
the
county
provide
for
the
project
100%
of
their
revenues
or
50%?
Does
the
city
provide
100
or
90
or
80?
Those
break
points
must
be
negotiated
and
we
can't
obligate
the
school
district
or
the
county,
or
even
this
council
to
any
percentage
at
this
point,
but
the
overall
amount
that
will
be
the
tax
burden
on
that
property
will
remain
the
assessed
value
on
the
property
and.
E
E
B
E
I
Is
the
difference
is
that's
a
TIF
and
in
at
if
that
is
what
you
concentrate
on,
is
the
increment
of
any
increased
value.
The
math
is
very
easy
in
this
case,
because
it's
zero
right
now,
but
this
is
not
a
TIF.
It's
a
multi
County
Park,
so
there
there
is
some
difference
there.
It
doesn't
have
to
be
based
on
the
restinga
easily.
E
I
E
I
I
They
could,
that
is
a
question
of
their
portion
of
they
could
determine,
they
could
establish
a
multi
county
park
and
they
we
could.
We
could
agree
to
be
obligated
because
the
city
would
have
to
consent.
We
could
obligate
our
millage
on
the
project.
The
school
district
under
the
state
law
does
the
county
can
make
the
decision
for
whether
the
school
district
participates
or
not,
and
then
the
county
would
have
the
option
of
deciding
whether
they
commit
all
of
their
revenue
or
none
of
their
revenue
or
anything
in
between
right.
B
And
let
me
let
me
just
interject
I
said
at
the
beginning
of
the
meeting,
as
this
is
the
beginning
of
this
conversation
and
I,
don't
think
it's
I
mean
we're
still
trying
to
solve
what
our
level
of
participation
will
be.
It
certainly
isn't
fair
for
us
to
talk
about
what
the
county
or
school
board
at
this
point
will
do,
because
we
we
haven't
sat
down
with
it.
B
C
B
E
B
You're
right,
some
of
it
will
be
finance.
Some
of
it
were
able
to
do
actually
in
house
where
we
have
reserves
and
we'll
pay
ourselves
back
to
keep
from
having
to
borrow
so
much
out
outside
of
it,
but
but
you're
right.
Those
property
taxes
that
come
to
us
at
that
point
will
then
go
to
pay
for
the
incentive
over
twenty
twenty
year
period.
In
the
meantime,
you
have
two
hundred
forty
million
dollar
economic
impact.
Helping
raise
raise.
E
I
Precisely
the
MOU
is
an
agreement
to
seek
those
agreements.
So
that's
what
we
would
agree
on
is
that
we're
going
to
move
forward
we're
putting
this
out
in
the
public,
so
people
are
aware
of
the
general
numbers
and
then
we
would
work
to
generate
but
you're
requesting
and
work
with
the
other
agencies
to
determine
their
level
of
interest
and
participation.
He.
E
D
D
A
C
You
want
to
term
it
with
an
impact
of
two
hundred
and
forty
million
dollars,
estimated
to
forty
million.
Yes,
what
do
you
have
to
look
at
is
the
answer.
It's
the
things
that
this
bring
in
terms
of
our
businesses,
down
town
and
other
areas,
other
parts
of
this
community
expanding
their
revenue
base,
in
addition
to
stores,
volchok
stores
for,
however,
you
want
to
label
it,
but
this
town
growing
and
then
attracting
young
families,
young
people
in
this
community.
C
C
B
All
right,
any
other
comments,
questions
very
good,
very
good
I'm,
going
to
ask
our
staff
stay
afterwards,
we'll
be
upfront,
I'm,
gonna,
say
also
for
any
questions
that
there
may
be
there'll,
be
a
lot
more
to
opportunities.
That
we'll
have
comments,
certainly
be
available
for
that.
Our
step
forward
from
here,
obviously
we're
gonna
reach
out
to
our.
We
will
up
be
our
partners
with
the
school
board
in
our
County
us.
Have
that
conversation
with
them
I
want
to
appreciate
our
staff
for
putting
this
package
together
and
bring
it
to
us.
B
I
know
they
worked
diligently
and
and
I
really
do
actually
appreciate
the
change
to
the
Memorandum
of
Understanding.
Today.
Also
on
me,
harp
on
behalf
of
the
developer.
I
think
it's
they've
proven
multiple
times
of
the
parking
garage
was
something
that
was
in
that
initiative.
The
initial
drawing
that
we
received
I
think
they
took
the
feedback
pretty
well.
B
They
recognized
that
didn't
wait
for
us
to
change
it
and
brought
it
to
us
as
it
changed
so
I
appreciate
that
spirit
of
and
willingness
to
work
together
for
is
that
I
think
I
think
it's
a
great
project.
This
was
probably
the
largest
investment
that
I
can
recall
in
the
city
of
Aitkin
and
I.
Think
I
think
so
much
hinges
on
on
this.
As
far
as
us
moving
forward
and
being
a
bold
City,
so
I
really
appreciate
this
time:
Thank
You
staff.
One
thing
we.
C
B
With
that
I'm
going
to
ask
Tim
Kim
Stuart
yo
guys,
would
you
mind
staying
around
and
there
may
be
individuals
with
questions
and
again,
this
meeting
is
about
transparency.
It's
early
in
the
process.
I'm!
Sorry,
we
don't
have
everything
that
we
can
present
that
we've
talked
to
all
of
our
partners
on
this,
but
I
wanted
to
be
upfront
from
the
very
beginning,
and
this
is
where
we're
at
right
now.
So
thank
you
so
much.
B
We
appreciate
you
coming
out
and
we're
going
to
conclude
the
work
session,
important
portion
of
our
meeting
again,
our
team
will
be
up
front
to
answer
any
questions
you
may
have
and
if
we
don't
have
us,
give
us
a
chance
to
get
those
answers
and
get
them
back
to
you
in
your
hands
quickly.
So
thank
you.
The
work
session
is
adjourned.