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I <br /> Staff Report No. 97-2053WS <br /> Meeting Date 4-21-97 <br /> • Type of BusinessItemNo. WK <br /> WK: Work Session;PH:Public Hearing; <br /> CA: Consent Agenda;EDAB:EDA Business <br /> Mounds View Economic Development Authority <br /> Work Session Staff Report <br /> To: Mounds View Economic Development Authority <br /> From: Cathy Bennett, Director of Economic Development og <br /> Item Title/Subject: Summary of Tax Increment Financing <br /> Date of Report: April 17, 1997 <br /> Finance Director Bruce Kessel, TIF Attorney Jim O'Meara and I will make a presentation <br /> regarding tax increment financing. The presentation will include a general summary of TIF and <br /> how it works, history of TIF use in Mounds View and programs currently using TIF funds in <br /> Mounds View. <br /> Even though Council members have a general understanding of TIF and how it works this <br /> presentation will be helpful for Mounds View residents. <br /> • <br /> • <br />