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CITY OF LINO LAKES <br />ECONOMIC DEVELOPMENT <br />ADVISORY COMMITTEE <br />MINUTES <br />DATE: April 7, 2016 <br />MEMBERS <br />PRESENT: Thomas Colgan, Lou Masonick, Nathan Vojtech <br />MEMBERS <br />ABSENT: Rebecca Glewwe, Don Johnson, Julie Schwartz, Chad Wagner, Taint Wier <br />OTHERS PRESENT: Michael Grochala <br />APPROVAL OF MINUTES <br />The approval of March 3, 2016 minutes was postponed until the next meeting. <br />35E DISTRIBUTION FACILITY — TAX INCREMENT FINANCING POLICY <br />Michael Grochala, Community Development Director, presented his report on the 35E <br />distribution facility and Tax Increment Financing. Staff is interested in having a general <br />discussion on the topic. <br />Mr. Grochala responded to questions and concerns from the board. Topics of discussion included <br />traffic, tax variations, benefit to the City, permitted use, potential construction timeline, <br />ownership, and noise concerns. <br />49 CLUB DEMOLITION <br />Mr. Grochala gave an update on the 49 Club, as outlined in the staff report. Mr. Grochala and <br />board members discussed utilities, changing market dynamics, soil, and cost of demolition. <br />PROJECT UPDATES <br />Mr. Grochala provided updates on projects throughout Lino Lakes. <br />ADJOURNMENT <br />The meeting was adjourned at 8:50 AM. <br />