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Item Number: 6A <br /> • Meeting Date: June 19, 2009 <br /> Type of Business: EDC <br /> Administrator Review: <br /> City of Mounds View Staff Report <br /> ■ <br /> To: Economic Development Commission <br /> From: Heidi Steinmetz, Economic Development Specialist <br /> Item Title/Subject: Review & Discussion of City Economic Development Goals <br /> Background <br /> In 2008 and 2009, the City Council listed the redevelopment and revitalization of County <br /> Road 10 as their second top goal for the City. The Council listed addressing and <br /> responding to foreclosure issues as Goal #8. The City Council's annual goals provide <br /> direction and focus to City staff. <br /> Discussion <br /> • since Below is a chart that shows the EDA/Council's Economic Development-related actions <br /> 2008. The direction and actions of the EDA/Council do not seem to coincide with <br /> the adopted Economic Development goals for Mounds View. <br /> Date Item. EDA.Action <br /> 1-14-08 1) Utilize TIF to assist developer in purchasing 1) Denied <br /> 1-28-08 Robert's Sports 2) Grant application submitted <br /> 2) Premium Stop Redevelopment Area grant without site control <br /> application <br /> 2-25-08 Mounds View Business Toolbox Approved as internal document <br /> 3-10-08 <br /> 3-3-08 Planning study for Saturn/MultiTech area Council not interested (no action <br /> Work Session taken since it was a work session) <br /> 5-12-08 Discuss marketing preferences for EDA-owned No action (no land price set), sign <br /> 5-27-08 property located at 2390 County Rd 10 allowed (3-2 vote) <br /> 8-25-08 Foreclosure prevention notice Approved (3-2 vote) <br /> 12-8-08 Purchase 5066 Irondale Rd—Housing Denied <br /> Replacement Program <br /> 12-8-08 Redevelopment options and financing for NW Council discussed potentially <br /> 1-5-09 Corner of County Road 10 and Woodale Drive providing assistance for certain <br /> Work Session types of businesses (no action <br /> taken since it was a work session) <br /> 4-27-09 Purchase 2949 Hwy 10 for redevelopment Denied <br /> 5-11-09 Business loan inquiry from dentist Not interested <br /> 5-26-09 Discuss Business Improvement Partnership Loan Staff directed to begin marketing <br /> Program the program <br /> • 6-1-09 Purchase 8271 Long Lake Rd for redevelopment Not interested (no action taken <br /> Work Session since it was a work session) <br />