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The summary of the report will be passed onto the Planning Commission through a memo from <br />the EDC. <br />6. Reports From Chair, Commissioners and Staff: <br />Coordinator Bennett noted that Mounds View School District has set up a task force to explore <br />the needs of the elementary schools in Mounds View. The task force will be reviewing the <br />possibility of the City providing up front funds for expansion of the schools using tax increment <br />financing. These funds will be repaid over time from the School District. A representative from <br />the EDC is requested to sit on the task force which will meet 3-4 times between March and May <br />1995. <br />The EDC's input is valuable since the school's proposal involves the use of TIF funds. <br />Motion/Second: Schmidt/Welsch move to assign Dan Nelson as the EDC representative on the <br />task force. <br />6 ayes 0 nays <br />Motion Carried <br />Adjournment <br />There being no further business before the Commission, this meeting of the Economic Development <br />Commission adjourned at 7:25 p.m. <br />Res ctfully Submitte <br />Economic Develop ent Coordinator <br />