03/04/2004 EDAC Minutes - Laserfiche WebLink

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with several restaurant users. They are also studying the senior market more closely to determine what type of housing will best compete with new projects in proximity to Lino Lakes. The council will be considering the first reading of the rezone to PUD and the preliminary plat at the next council meeting. This will give the city and developer a consensus of what will be built, while maintaining flexibility in uses. YMCA GRANT APPLICATION Ms. Divine stated the Anoka County HRA has recommended the county approve a $150,000 Community Development Block Grant for construction of the YMCA teen center. The final county approval is expected in April. EAST SIDE REHBEIN PROPERTY Ms. Divine informed the board that a developer will be addressing the city council at a special work session on March 22 to discuss a planning process for master planning the entire site. This is an opportunity to get the community involved to come to agreement on the direction for the 35E corridor. A next step would be to have a joint meeting of the council and boards. TIF UPDATE Staff discussed it would be an appropriate time to have a TIF review at the time the Hartford Group submits and application. Springsted will be asked to provide that. Mr. Juni said it would help other boards and committees to have a TIF review before a request gets to council level so that they can make informed recommendations. 2003 YEAR IN REVIEW Ms. Divine reviewed the EDAC mission statement, the accomplishments in 2003, including decertifying three TIF districts which generates about $230,000 in city taxes, opening up Marshan Lakes Industrial Park and the construction of the Panattoni building, Spirit Hills Commercial Center, the DQ, Discount Tires, the JADT development, Apollo Center, and master developers for Woods Edge. Added project value is $16 million, including what is under construction. The goal of economic development was $8 million/year. That has been met or exceeded overall. Another goal was to increase the percent of C/I tax base from 4% in 1994 to 15% by 2020. It is currently at 7%. TIF UPDATE Members suggested waiting until a TIF seminar to discuss TIF issues. Ms. Divine stated members had requested information about what TIF districts have generated and have they done what was intended, along with comparisons of what other cities are doing. This can be brought to a future meeting. Ms. Carlson stated Springsted sent a letter offering to do a TIF workshop. Ms. Schwartz suggested inviting the reporter from the Quad to the workshop. 2