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02-26-1998
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02-26-1998
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MV EDC
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Minutes
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<br /> <br /> <br /> <br /> <br />Minutes of the Economic Development Commission <br />City of Mounds View <br />Ramsey County, Minnesota <br /> <br />Regular Meeting <br />February 26, 1998 <br />City of Mounds View, Conference Room C <br />2401 Highway 10, Mounds View, MN 55112 <br /> <br /> <br />1. CALL TO ORDER: <br /> <br />The meeting was called to order at 7:32 a.m. by Chairperson, Cindy Carlson. <br /> <br />2. ROLL CALL: <br /> <br />Members present: Cindy Carlson, Rosemary Goff, Tom Field, and Steve Larson. <br />Members absent: Dan Nelson, Ron Schmidt, and Brian Sjoberg <br />EDA Liaison present: None <br />Staff present: City Administrator Chuck Whiting, Community Development Director <br />Rick Jopke, Housing Inspector Steve Dorgan <br /> <br />3. APPROVAL OF MINUTES: <br /> <br />Motion/Second: Goff/Carlson to approve the minutes from January 29, 1998. <br /> <br />Motion Carried 4 Ayes 0 Nays <br /> <br />4. SPECIAL BUSINESS <br /> <br />A. Review of the current status of the request by Everest for tax increment <br />financing assistance for Building N in the Mounds View Business Park. <br /> <br />City Administrator Whiting updated the EDC on the status of the Everest TIF request <br />for Building N. Whiting pointed out that Everest is requesting amendments to the <br />previously approved development assistance agreement including changing the the name of <br />the Developer entity, extending the deadline for substantial completion to December 31, <br />2000, and expanding the list of TIF reimbursable improvement costs to include SAC, WAC, <br />and park dedication fees, parking lot base and paving costs, and TIF application deposit. <br />Whiting indicated that staff would be bringing this item to the City Council work session on <br />March 2, 1998. <br /> <br /> <br />5. EDC BUSINESS <br /> <br />A. Consideration of Proposal for Tax Increment Financing for Silverview <br />Estates <br /> <br />APPROVED
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