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<br />organization, which would be limited as to how funding could be obtained. Ms. Riganti asked <br />Mr. Klahr to elaborate. <br /> <br />Mr. Klahr noted the only thing he would add, noting some discussion among stakeholders about <br />whether or not additional sales tax made sense for the area. If it were real property tax, there <br />would be a lot of exceptions made with respect to property tax abated properties, and properties <br />in a T.I.F. He noted this special assessment initially made sense in terms of having it be <br />separate but equal as were the initial goals listed in the RFP. He stated a C.I.D. provides <br />different funding mechanisms and more flexibility with agreement from property owners and <br />cities. <br /> <br />Ms. Carr asked for clarification stating since it most likely would be a special assessment, why <br />would the City necessarily be involved, other than to oversee development so it would meet the <br />City’s Comprehensive Plan. <br /> <br />Ms. Riganti said the staff report indicated that there could be some concerns about the City’s <br />role. Ms. Crow asked if the City was ceding all of its authority to the Special District. She noted <br />to address that concern; one proposal could be that there is a member on the board from the <br />City. Ms. Riganti said there will also be some City oversight when permitting is needed. <br /> <br />Mr. Klahr added that under the statute, the C.I.D. has certain reporting requirements to the City <br />on an on-going basis. The C.I.D. would be governed by a City ordinance and the ordinance <br />could put additional requirements as the Council so desired. <br /> <br />Mr. Crow asked if the $65,000 between U City and the City was the cost from start to finish or <br />would it just be a start. <br /> <br />Mr. Klahr said the intention was from start to finish and having a petition that would be ready for <br />approval when the district was ready to be formed. <br /> <br />Mr. Crow asked if that were to occur, what would be the attorney’s next step. <br /> <br />Mr. Klahr said it would be up to the new District Board of Directors to decide and would <br />presumably carry out what ever funding mechanism was identified by the petition. <br /> <br />Ms. Carr stated it would be typical for that entity to come back to U City asking for more money <br />to do more work. <br /> <br />Mr. Klahr said it would not, as once the C.I.D. was approved; it would have its own source of <br />revenue. <br /> <br />Mr. Crow stated the other C.I.D. they have talked about, the one out west where the developer <br />has not come to the City to pay any legal fees. He asked if U City was Mr. Klahr’s client. <br /> <br />Mr. Klahr said under the scope of services provided, we would have joint representation of both <br />the City of University City in connection with the West Loop C.I.D. and the Skinker DeBaliviere <br />Community Council with the East Loop C.I.D. <br />5 <br /> <br /> <br />