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HomeMy WebLinkAbout02/05/2015 EDAC Minutes 1 CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: February 5, 2015 MEMBERS PRESENT: Nathan Vojtech, Thomas Colgan, Chad Wagner, Rebecca Glewwe, Tami Wier, Don Johnson. MEMBERS ABSENT: Lou Masonick, Julie Schwartz, Matt Kassner. OTHERS PRESENT: Michael Grochala, Celeste McDermott. APPROVAL OF MINUTES It was moved by Rebecca Glewwe to approve the minutes of December 4, 2014. The motion passed unanimously. 49/J BLIGHT STUDY Mr. Grochala provided information regarding a study that has been proposed by the city evaluating the improvement potential for property located at the intersection of 49 and County Road J. Staff has had ongoing discussions with the property owner regarding possible demolition of the old 49 Club. The City is proposing to retain the services of LHB Architects to perform a blight study on the property. The purpose of the study would be to prequalify the property for possible establishment of a Tax Increment Financing (TIF) District. Mr. Grochala explained that once the building is removed we would have up to three years to establish a TIF district. Once established a project would need to be undertaken within three years or the district would dissolve. The board recommended moving forward with the blight study. WEBSITE OVERVIEW Ms. McDermott provided a general overview of the new city website including information on the property search function that allows potential businesses or developers to search for available sites or buildings. PROJECT UPDATES 2 Mr. Grochala provided an overview of ongoing projects including updates regarding the new fire station and upcoming housing developments. ADJOURNMENT The meeting was adjourned at 9:16 AM.