(Ed. note. The following is the portion of new business that related to the approval of the traffic impact study.)
"New Business.
Motion by Juergens, seconded by Cothard, to authorize Foth & Van Dyke, City Engineer, to perform a traffic impact analysis study regarding development north and south of USH 14 east of CTH M at an estimated cost of $18,500. This traffic impact analysis is a standard requirement before the state Department of Transportation will consider approving any new intersection on a state or U.S. highway or a subdivision adjacent to a state or U.S. highway. Mr. Connors said the city would use tax increment to pay for the cost of the study, if the city creates Tax Incremental District No. 6. If TID No. 6 is not created, the city will have to pay for the cost of the study out of operating revenues. Ald. Wyse asked whether it would be prudent to wait to see if TID No. 6 is created before starting on the traffic impact analysis. Mr. Connors said it would be difficult to determine the zoning, street layout, and extent of TIF-financed costs on the D&D Development property, which would make up most of TID No. 6, until the traffic impact analysis is complete and we know where the state Department of Transportation will allow intersections."
Friday, May 05, 2006
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