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Mounds View City Council June 13, 2016 <br />Regular Meeting Page 13 <br /> <br />Council Member Hull questioned how much funds the EDA should levy. City Administrator <br />Ericson believed this would depend on the EDA’s goals for the future. <br /> <br />Council Member Hull was in favor of the Council discussing this further at the July worksession <br />meeting. <br /> <br />Council Member Mueller stated a number of communities use TIF funding for community <br />development. However, Mounds View used its TIF funding to redevelop its streets. She did not <br />want to see Mounds View stop pursuing new development opportunities. She believed the <br />Mounds View residents would support economic development in the community in order for the <br />City to remain vibrant. <br /> <br />Council Member Meehlhause agreed the City should move forward with this matter. He asked if <br />the EDA would have a levy cap. City Administrator Ericson reported there would be a cap based <br />on the culmination of the City’s entire levy. <br /> <br />Council Member Meehlhause understood TIF funds could be used to purchase property and to <br />support housing programs. He questioned if EDA funds could be used in this same manner. City <br />Administrator Ericson explained that EDA funds could be used for any TIF eligible expense as <br />outlined in MN Statues Chapter 469, such as purchasing property, supporting housing programs, <br />business incentives, façade enhancements within the business community, branding or marketing <br />efforts for the City of Mounds View, to name a few. <br /> <br />There was consensus among the Council to move forward with pursuing an EDA levy. City <br />Administrator Ericson indicated he would move forward in conjunction with Business <br />Development Coordinator Beeman to work on economic development goals for the City. <br /> <br />C. Reports of City Attorney. <br /> <br />City Attorney Riggs had nothing additional to report. <br /> <br />12. Next Council Work Session: TUESDAY, July 5, 2016, at 7:00 p.m. <br />Next Council Meeting: Monday, June 27, 2016, at 7:00 p.m. <br /> <br />13. ADJOURNMENT <br /> <br />The meeting was adjourned at 9:18 p.m. <br /> <br />Transcribed by: <br /> <br />Heidi Guenther <br />TimeSaver Off Site Secretarial, Inc.