| Rich Shannon (lower left) Answers Probing Questions by Councilman Klassen (lower right) - Mill Levy cap increased from 35 to 72 with few objections from Council Packet for Council showed revenues higher (not lower) than projections thus far - |
Klassen: "Your lower mill levy is collecting more
dollars"
Shannon: "That is a good thing but there is...it is
unrealistic to assume too much this early"
Klassen: "Than isn't it premature" [to raise the
mill levy in anticipation of a shortfall].
Shannon: "Now is a good time since the
developer is willing"
Klassen: "Could you collect too much?"
Shannon: "I can hardly imagine that"
dollars"
Shannon: "That is a good thing but there is...it is
unrealistic to assume too much this early"
Klassen: "Than isn't it premature" [to raise the
mill levy in anticipation of a shortfall].
Shannon: "Now is a good time since the
developer is willing"
Klassen: "Could you collect too much?"
Shannon: "I can hardly imagine that"
LovelandPolitics.com
| Councilman Dave Clark seemed to be in a daze as the hour long discussion progressed over the mill levy distributions for Centerra |
| The City Manager, Don Williams, is seen here interjecting the point to Council that the Resolution before them allows the Redevelopment Authority the right to raise the mill levy but doesn't actually raise the mill levy. |
| Councilman Glenn Rousey listened intently to the presentation and subsequent questions from his colleagues. |
| Councilman Klassen wanted to know why the mill levy needs to be increased now if current revenues are much higher than projections for Centerra's property taxes |
| Rich Shannon of McWhinney Enterprises (left) explains the reasons he believes the mill levy change is needed as City Attorney, John Duval, watches |
| Interesting Exchange Between Klassen and Shannon on why the mill levy change is needed now |