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EDC Minutes Not Approved <br /> r�oved0 <br /> October 18 �� <br /> 2002 <br /> Page 3 <br /> • 6. SYSCO Minnesota Expansion—Development Activities: The City has approved SYSCO's <br /> Development Plan on Monday of this week. Construction is expected to begin at the end of <br /> the month. <br /> 7. Community Resource Guide—NovoPrint USA: The narrative regarding the City of Mounds <br /> View and an ad were submitted to the Chamber and NovoPrint(the printer)the last week of <br /> September. <br /> 8. I-35W Corridor Coalition Insert in Twin Cities Business Monthly: The Coalition continues to <br /> work on getting corporate sponsors for this 24-page insert. Backman indicated that he has <br /> interacted with and obtained commitments from the Mermaid and Wells Fargo. <br /> 6. EDC BUSINESS <br /> A. Development Assistance Tools and their Application: Backman discussed the current economic <br /> development tools in the City of Mounds View—Business Improvement Partnership Program, <br /> TIF,and Tax Abatement. He raised the idea of looking at other funding programs that would not <br /> have the many restrictions that TIF currently has. After an extended discussion, it was the <br /> consensus of the members that Backman would seek additional information regarding Tax <br /> Abatement and how other cities are utilizing it. <br /> B. Economic Development & Site Selection Conference: Backman attended the Site Selection <br /> Conference on October 8th at the University of St. Thomas in Minneapolis. He thought the <br /> various sessions were useful. <br /> • <br /> C. MV Boards & Commissions Appreciation Dinner: <br /> Covered under EDA Liaison report. <br /> D. Culver's Restaurant—Prospect Activities: Culver's Restaurant—purchase completed with St. <br /> Anthony, so therefore Mounds View would be the fourth location for Sparks. Demolition of the <br /> old Hardee's has occurred in St. Anthony, but no construction has started there. <br /> E. Other: Broker from United Properties called regarding a prospective printing business that is <br /> considering Mounds View. Mr. Rob Kost indicates that the businessman needs 4,000 sq. ft. of <br /> space and wishes to own the building. <br /> 8. ADJOURNMENT <br /> There being no further business before the Commission, Chair Belting adjourned the October 18th <br /> (Johnson moved, Fox seconded motion) meeting of the EDC 8:58 a.m. <br /> Respectfully submitted, <br /> 4vurl,.. 42, ige.dt,"0,4-- <br /> Aaron A. Backman <br /> • <br /> Economic Development Coordinator <br /> \\Ntserver\CityHall\DATA\GROUPS\ECONDEV\EDC\Minutes\Min02\10-18-02.doc <br />