Laserfiche WebLink
REQUEST FOR EDA CONSIDERATION Agenda Section 457 <br /> STAFF REPORT Report Number: a�—I 'b J <br /> Q lU1 �C Report Date: 8/1/96 <br /> WORK SESSION MEETING DATE <br /> . O[ I1 August 5. 1996 <br /> r9S <br /> -rex'`Partn@tsl <br /> Item Description: Discussion of TIF Proposal for the Development of Building "N" & "K", Mounds View <br /> Business Park <br /> Administrator's Review/Recommendation: <br /> -No Comments to supplement this report <br /> -Comments attached. <br /> Explanation/Summary(attach supplement sheets as necessary) <br /> Summary: <br /> The Building "N" & "K"proposals were scheduled to be discussed at the EDC meeting scheduled for July <br /> 25th. Unfortunately, we did not have a quorum. Therefore, we could not take any action or open the <br /> meeting. The EDC members present did stay to listen to presentations made by experts in Tax Increment <br /> Financing and would possibly be willing to schedule a special meeting to discuss the proposal if the EDA so <br /> desires. <br /> Tim Nelson forwarded a letter (attached) to Chuck and I requesting that the proposal be considered by the <br /> EDA at this work session. Therefore, Tim Nelson and Rob Davidson will be present to discuss their request <br /> tax increment funds for the development of building"N" and"K" in the Mounds View Business Park. <br /> or <br /> To save on copying and paper costs, please refer-to your July 8th packet for the background details on the <br /> proposal and negotiations with staff regarding this project. If you did not keep the information please contact <br /> me and I will get it to you ASAP. <br /> Cath'Bennett, , o . Dev. Coordinator\EDA Director <br /> 0 <br />