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Commissioner Seipp suggested that we prepare a package to give to people when they have <br />concerns and put an article in the Mounds View Matters regarding Tax Increment Financing. A <br />suggested item is to look at what the residential property taxes would be if the property had <br />remained undeveloped. <br />B. Consideration of Taraet Industries for Mounds View's Future Develooment <br />Coordinator Bennett presented some target industries for consideration by the EDC. This is a <br />requirement under the 1995 work plan and the target industries will assist staff in prioritizing <br />projects on the basis of needs for the community. Commissioner Goff suggested adding a Gift <br />Shop and Commissioner Seipp suggested adding a white table cloth restaurant (fine dining) <br />and mailing facility. <br />Motion/Second: Goff/Schmidt move to accept the list of targeted industries as amended. <br />6 ayes 0 nays <br />Motion Carried <br />C. Review results of Hotel Development Survey. <br />Coordinator Bennett presented the results from the Hotel Development Survey. Over 600 <br />businesses received the survey with a 12 percent return. Eighty-five percent of the respondents <br />were in support of the hotel\conference center, only a few were opposed and the remaining did <br />not currently use or have use for a hotel/conference center. <br />EDC directed staff to relay the results of the survey to Mr. Hall and continue to contact some of <br />the larger companies in Mounds View who did not respond. <br />D. Consideration of Action regarding the Realignment of Old Highway 8 <br />Coordinator Bennett noted that in her interviews with businesses on Mustang Drive there was a <br />concern regarding the condition of Old Highway 8 and the intersection of 8, Highway 10 and <br />County Road H. Recently it was learned that the County have pushed the realignment of Old <br />Highway 8 from 1996 to 1997. <br />In an effort to send a message to the County regarding the importance of the realignment it <br />was suggested to send a resolution to the County Commissioner Dick Wedell expressing the <br />EDC's concern from an economic and health and safety standpoint. <br />Motion/Second: Welsch/Goff move to accept Resolution No. 95-EDC6 strongly encouraging the <br />County to keep the realignment of Old Highway 8 on schedule for 1996 rather than move it to <br />1997. <br />6 ayes 0 nays <br />Motion Carried <br />E. Review of Business Sion Issues <br />At the request of the Planning Commission, Coordinator Bennett reviewed the results from the <br />business retention survey regarding the City's sign ordinance. Forty six percent of the <br />companies felt that the City should place a high priority on revising the sign ordinance. <br />The EDC encouraged the Planning Commission to place a high priority on revising the sign <br />ordinance keeping in consideration that Mound View's sign issues need to at least be <br />competitive in relation to surrounding communities. <br />2 <br />