HomeMy WebLinkAbout09/08/2022 EDAC Minutes
APPROVED MINUTES
CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES
I. CALL TO ORDER Chair Schueller called the Economic Development Advisory Committee meeting to order at 8:01 A.M. on September 8, 2022.
II. APPROVAL OF MINUTES Mr. Vojtech made a MOTION to approve the August 4, 2022 meeting minutes. Motion was supported by Mr. Marchek, passing unanimously.
III. DISCUSSION ITEMS A. Clearwater Creek Business Park, Draft TIF Plan
Mr. Grochala, Community Development Director, presented the staff report.
Mikaela Huot, a representative from Baker Tilly, City Financial Advisor, and Mr. Grochala provided a brief overview of tax increment financing, reviewed the TIF District Plan and discussed the analysis performed.
Mr. Fitzgerald, Ryan Companies, was present to provide clarification on the TIF District Plan. The committee discussed the TIF District Plan and analysis in greater detail.
Mr. Cravero made a MOTION to recommend approval of Clearwater Creek Business Park, Draft TIF Plan. Motion was supported by Mr. Marchek. Motion carried 8 – 0.
DATE: September 8, 2022
TIME STARTED: 8:01 A.M. TIME ENDED: 9:04 A.M. MEMBERS PRESENT: Patrick Kohler, Chad Wagner, Don Johnson, Steve Marchek, Andrew Cravero, Keith Hembre, Jim Schueller, Nathan Vojtech
MEMBERS ABSENT: Julie Jeffrey-Schwartz, Blakely LaCroix STAFF PRESENT: Michael Grochala, Harrison Maxwell, Julie Whitney
Economic Development Advisory Committee September 8, 2022 Page 2
APPROVED MINUTES
B. Project Updates
Mr. Grochala updated the committee on current City projects.
IV. ADJOURNMENT Mr. Cravero made a MOTION to adjourn the meeting at 9:04 A.M. Motion was supported
by Mr. Vojtech, passing unanimously.
Respectfully submitted, Harrison Maxwell, Community Development Intern