Laserfiche WebLink
Mounds View EDA March 10, 2003 <br />Regular Meeting Page 2 <br /> <br />City to cover administrative costs and that percentage is negotiated and listed in the developer’s <br />agreement. <br /> <br />Commissioner Marty asked why, if there are retained funds, there is a need to transfer funds to <br />the TIF districts during the upcoming Council meeting. <br /> <br />Finance Director Hansen explained that this circumstance looks at the small picture of the TIF <br />districts pertaining only to these projects and the upcoming transfers apply to the whole TIF <br />districts. <br /> <br />MOTION/SECOND: Marty/Stigney. To Waive the Reading and Approve Resolution 03-EDA- <br />172, a Resolution Approving Developer Payments for C.G. Hill, Building N, Silver Lake Pointe. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />7. REPORTS <br /> <br />Economic Development Coordinator Backman indicated he had received late this afternoon a <br />preliminary drawing for the Amoco redevelopment but the business is still unnamed. <br /> <br />Economic Development Coordinator Backman indicated he has shown the leasable space at the <br />Highway 10 Business Center to four interested parties two of which would be very compatible <br />with Abbey Carpet. <br /> <br />8. NEXT EDA MEETING: March 24, 2003 <br /> <br />9. ADJOURNMENT <br /> <br />President Linke adjourned the meeting at 6:45 p.m. <br /> <br />Respectfully submitted, <br /> <br />Recorded and transcribed by: <br /> <br />Joan Lenzmeier <br />TimeSaver Off Site Secretarial, Inc.