New Ulm City Council Preview 02 Apr 13

The New Ulm City Council is scheduled to consider a request to establish a Tax Increment Financing district during its meeting this (TUE) evening. The request comes from Martin Luther College for a 50-unit senior housing apartment building project, the construction of which is expected to get underway this June. The request to the council would allow some of the property taxes for the project to be reimbursed to MLC, as long as 20% of the renters are below the 50% range of the Brown County Median Family Income. The project is reportedly not economically feasible without financial assistance. In other business, the council will consider resolutions supporting a pair of Bills in the Minnesota Legislature. One deals with Local Government Aid reform. The second would allow cities to create “Street Improvement Districts” in order to collect fees before a project gets underway, rather than through special assessments. The council will also hold the second reading and consider adoption of an ordinance dealing with the sale of alcohol beverages at amateur sporting events on city property. Today’s New Ulm City Council meeting starts at 5pm at City Hall.