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Mounds View EDA July 25, 2005 <br />Regular Meeting Page 8 <br /> <br />President Marty stated that he is comfortable with this as a pay as you go for $250,000. He <br />agreed that they do need to sort this out and would also look forward to meeting with the EDC <br />and Staff to review some of the priorities, what direction they are going and the goals of the City. <br /> He noted that SYSCO is operating under a timeframe and he does see this as a valid request. <br /> <br />Commissioner Gunn asked for clarification of the de-certification in 2008. <br /> <br />Economic Development Coordinator Backman explained that if there were an approval in 2005 <br />the City would have 2006, 2007 and 2008 as potential years for incremental payments as <br />developer payments back to SYSCO. He further explained that there could be action taken at the <br />end of 2008, effective in 2009 to end the district noting that it would end the district five years <br />early. <br /> <br />Vice President Stigney asked if it would mean $82,500 for next the next three years or would it <br />be divided over four years. He stated that he is not comfortable with the $250,000.00 amount. <br /> <br />Economic Development Coordinator Backman stated that this could be a decision made by this <br />body. <br /> <br />President Marty clarified that he is hearing that the August 8th date should be kept for the public <br />hearing. <br /> <br />Economic Development Coordinator Backman asked if they were considering the three-year <br />timeframe. <br /> <br />President Marty stated that the timeframe could be discussed at the hearing. <br /> <br />Director Ericson stated that they could invite the EDC to the September meeting to discuss this <br />issue. <br /> <br />Barbara Haake, 3024 County Road I, clarified that the EDA is planning to have the public <br />hearing for August 8, 2005 and asked what the purpose of the public hearing would be if there <br />has been no public input. She agreed that the EDC meeting and workshop is long overdue noting <br />that they are mentioning $125,000 versus $250,000. She stated that she likes SYSCO too and <br />clarified that she is not trying to say anything against the pay as you go option noting that at least <br />it is not being taken from the $1 million. She expressed concerns stating that they don’t have a <br />referendum yet to know how it would be paid and referenced the issues with Medtronic. She <br />referenced the Rice Creek Watershed stating that she does not have this included on the agenda <br />for Wednesday night and there are things that they should review. She stated that they prefer to <br />mitigate on site noting that there are things that they haven’t had input on and if the EDA is <br />planning to do a public hearing usually they would wait for the information that would help them <br />in making a decision.