05/28/1980 Meeting - Laserfiche WebLink

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- e e Mayor Keller asked if Item II-A, permitting increased interest rates on property tax delinquencies and applying those increased rates to property taxes that remain unpaid on November 15 until payment is received in full, is a valid statement. Mr. Henry responded that the people taking advan- tage of the three-payment system are the big taxpayers. Since there is no penalty, and they are investing that money, it is to their advan- tage. Mayor Keller asked for clarification on Item II-B, which would allow new construction to be included in the tax base for property previously annexed. Mr. Henry stated that if it is annexed, the City does receive it, but if it is within the City limits, for example the new hotel, it must be voted on to be included in the tax base. Mr. Delay stated that in the Metro Plan Update, they are looking at trying to annex in a phased manner to have a pool of developable land. He feels this is better than the current system. Consensus was to rec- ommend this testimony. VI. CONSIDERATION OF CONDOMINIUM CONVERSION ORDINANCE Mr. Henry stated that council would be looking at two ordinances; the first would add two weeks to the moratorium and the second is the ordi- nance regulating conversions. He noted that Tim Sercombe, City Attor- ney's office, is available for review of the ordinance. Mr. Obie stated this could be a controversial issue. He asked members of the task force if there would be negative impact with extending the public hearing until June 25. Mr. Delay responded that the time con- straint is that the moratorium is about to expire, and this extension is only intended to cover the time period between now and when the ordinance takes effect. They must have a strong rationale for a further exten- sion. Mr. Obie noted he would like a better chance to review the docu- ment and to prepare for decision making. He would prefer to extend the moratorium a little longer. Ms. Smith noted that most councilors received the ordinance on May 27 and thinks it is fair to extend the moratorium to ensure adequate review. She did not feel that even a first reading should be taken at this meeting prior to the public hearing and a chance for discussion. Mr. Delay noted there is a memo from Tim Sercombe which gives a sum- mary of what the ordinance contains. He would prefer to schedule it as stated and hold the public hearing on Monday. If this is not possible, they could extend it at that time. He feels they should move rapidly ahead. 5/28/80--11