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Draft EDC Minutes Nov. 19, 2010 Page 3 of 4 redevelopment of County Rd 10, which shows that he wants to be engaged in the City's decision-making for the corridor. Commissioner Belting noted that there is a good balance on this Commission between members that focus on housing and members that focus on business development. Chair Meehlhause added that this Commission has always been in sync as a group in terms of its priorities. Ms. Steinmetz distributed ballots to the EDC so that the EDC could vote on a recommendation to the EDA for which two EDC applicants the EDA should appoint to the EDC. All five ballots submitted recommended that EDC members Jennifer Wagner- Harkonen and Dan Larson be re -appointed to the EDC from 2011-2013. REPORTS OF COMMISSIONERS There were no Commissioner reports. 8. REPORTS OF STAFF City staff provided the EDC with updates on the following items: Update on Mounds View Home Improvement Loan Program Mr. Roberts said that the EDA would consider final approval of this program on Monday, November 22, 2010. There are four different loans as part of this program. Once the EDA approves the program, the EDA will need to consider who is going to administer the loans and the associated fees. Staff will begin marketing the program to residents in February 2011. Update on Select Senior Living Project Mr. Roberts reported that the bond house is currently marketing the Housing Revenue Bonds for this project, which is an indicator that the project is moving forward. New Design for Monument Entrance Signs on County Rd 10 Mr. Roberts referenced images in the EDC packet showing the updated monument entrance signs on County Rd 10. Local sign company, Traffix Graphix, updated the signs to reflect the new City logo. Bethlehem Baptist Church donated funds to the EDA who decided to spend some of the donation dollars on the signs. In addition, the EDA will be considering using the rest of the funds towards updating the twelve City limit signs with the new logo. Mounds View Business News - Recap of Homeshield Tour Mr. Roberts provided a recap of the tour. Commissioner Belting added that he thinks such events are important for all of us to attend and that we need to visit businesses more often. He said that businesses need to know we care about them. We need to address their concerns even if we cannot resolve them. He offered to attend future business visits with City staff. Available Business Sites in Mounds View - BP Gas Station Staff provided the EDC with facts about the property and asked for insight on the property as a redevelopment site. Commissioner Johnson mentioned using the site for expanded Metro Transit parking. Commissioner Larson said a small drive-thru restaurant would be better than a vacant building.