Laserfiche WebLink
<br /> <br />M:\MasterFiles\EDC Minutes-Resolutions\EDC Minutes\2000\07-27-00.doc <br />advisor to the EDA. Finally, Coordinator Parrish indicated that the Commission will be <br />conducting its first business retention visit at the conclusion of the meeting. <br /> <br />B. NB~MV Chamber of Commerce Update <br /> <br />Commissioner Belting indicated that the Chamber will be hosting its annual ‘Gala” event <br />later on in the evening. The event will be held at the Minnesota History Center. <br /> <br />C. Highway 10 Steering Committee Update <br /> <br />Chair Field indicted that the work of the Highway 10 Steering Committee was under <br />Commissioner Reports. <br /> <br />D. I-35W Corridor Coalition Update <br /> <br />Community Development Director Rick Jopke gave the Commission an update with regard <br />to the North Metro I-35W Corridor Coalition. Director Jopke indicated that a large portion of <br />the Coalition’s current efforts are directed toward the completion of a “Build-Out and <br />Transportation Study.” The study will articulate long-range build-out and transportation <br />alternatives for the subregion. <br /> <br />E. Mermaid Hotel and Banquet Center Site Plan <br /> <br />Coordinator Parrish provided an overview of the site plan submitted for the Mermaid Hotel <br />and Banquet Center expansion. Based on the initial submission of plans, Coordinator <br />Parrish indicated that a 96 room AmercInn Hotel and 15,000 square foot banquet center are <br />still planned. <br /> <br />6. EDC BUSINESS <br /> <br />A. Tax Abatement Finance Policy Revisions <br /> <br />Coordinator Parrish provided and overview of changes made to the tax abatement finance <br />policy from the last Commission meeting. After reviewing the changes, the following motion <br />was made: <br /> <br />Motion/Second: Carlson/Walther moved to recommend approval of the Tax Abatement Finance <br />Policy by the Economic Development Authority. <br /> <br />Motion Carried: 6 Ayes 0 Nays <br /> <br />7. Adjournment <br /> <br />There being no further business before the Commission, this meeting of the Economic <br />Development Commission adjourned at 8:07 a.m. <br /> <br /> <br />8. Business Retention Visit <br /> <br /> <br />Respectfully Submitted, <br /> <br /> <br />Aaron Parrish <br />Economic Development Coordinator