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EXHIBIT A <br /> MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION • <br /> RESOLUTION NO. 98-EDC-22 <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY • <br /> . STATE OF MINNESOTA <br /> RESOLUTION RECOMMENDING THE ECONOMIC DEVELOPMENT AUTHORITY'S <br /> CONSIDERATION TO APPROPRIATE TAX INCREMENT FINANCING TO PROMOTE AND <br /> IMPLEMENT A "HOME IMPROVEMENT FAIR" <br /> WHEREAS, due to the age and condition of the city'shousing stock it is important to <br /> encourage reinvestment in the community to avoid blight and to upgrade the quality, livability <br /> and marketability of the housing stock; and <br /> WHEREAS, a "Home Improvement Fair"would work to promote home improvement and <br /> remodeling of the city's housing by providing resources needed for homeowners to improve <br /> their home; and . <br /> WHEREAS, a "Home Improvement Fair"would be a venue for marketing city sponsored <br /> housing programs as well as other housing programs and funding sources to Mounds View <br /> homeowners; and <br /> WHEREAS, cities which have held home improvement fairs indicate investments in fairs are a <br /> breakeven venture with revenue coming from the rental of booths; and <br /> WHEREAS, the Economic Development Commission's mission includes acting as an advisor to <br /> the Economic Development Authority with regards to economic matters; and <br /> WHEREAS, the Economic Development Commission finds that the use of tax increment . <br /> financing to promote and implement a"Home Improvement Fair" for the spring of 1999 is <br /> consistent with the City's tax increment policies. <br /> NOW THEREFORE, BE IT RESOLVED that the Economic Development Commission of the . <br /> City of Mounds View hereby recommends that the Economic Development Authority approve <br /> $2,500 of tax increment funds to develop a"Home Improvement Fair"for the spring of 1999. <br /> Adopted this 23th day of April, 1998. <br /> ATTEST: <br /> Chair <br /> • <br /> (SEAL) <br /> • <br /> City Administr for <br />