Laserfiche WebLink
.A. p it ©dam c:1 <br /> Minutes of the Economic Development Commission <br /> • City of Mounds View <br /> Ramsey County, Minnesota <br /> Regular Meeting <br /> November 17, 2006 <br /> City of New Brighton, Council Chambers <br /> 2401 Highway 10, Mounds View, MN 55112 <br /> 1. CALL TO ORDER: <br /> Chairperson Toni Johnson called the meeting to order at 7:40 a.m. <br /> 2. ROLL CALL: <br /> Members Present: Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson <br /> Members Absent: Greg Belting, Gary Meehlhause <br /> Staff Present: Economic Development Coordinator Aaron Backman <br /> Others Present: None. <br /> • 3. APPROVAL OF EDC MINUTES: <br /> Motion/Second: September 15, 2006 minutes not completed at this time. <br /> 4. SPECIAL BUSINESS <br /> A. Commissioner Term Expiration. Backman reviewed the current terms of the EDC Commissioners. <br /> Three have terms that conclude in December—Torri Johnson, Jason Helgemoe, and Gary <br /> Meehlhause. If Commissioners are interested in renewing their service on the EDC they need to fill <br /> out an application. Johnson has already done so. <br /> 5. EDC BUSINESS <br /> A. Discussion of Mounds View's TIF Policy. The EDA did encourage the Economic Development <br /> Coordinator to revisit the City's current TIF Policy that was adopted in 2000. As the EDC members <br /> are aware we did previously update the City's Business Subsidy Policy in 2003. Also,the City's Tax <br /> Rebate Financing Policy was also updated in 2003. The current TIF Policy has not been updated. <br /> The EDC did briefly consider the TIF Policy in July of this year. However, other activities precluded <br /> further action until now. Backman has included several documents in the Commission's meeting <br /> packet for a side-by-side comparison--the current Mounds View TIF Policy adopted in 2000,the Tax <br /> Rebate Financing Policy as revised in 2003, and the City of St. Anthony's TIF Policy. Backman <br /> began by reviewing the general policy or policy purpose of TIF, and comparing this section among <br /> the documents. EDC focused on the overall policy components of the TIF Policy. The EDC by <br /> consensus incorporated-some language from the St. Anthony model regarding the use of TIF. <br /> • Backman will incorporate these changes and bring them back to the EDC in December. <br />