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Mounds View EDA September 11, 2006 Regular Meeting Page 2 Community Development Director Ericson stated Staff recommends approval. President Marty 46 noted the issue was discussed at the Work Session. 47 48 MOTION/SECOND: FLAHERTY/GUNN. To Approve the Consent Agenda as presented. 49 50 Vice-President Stigney stated he is concerned about spending $14,000 of TIF for an outside 51 consultant. He stated the City only owns one property, while the study will encompass 12 52 properties. He stated the City should determine what kinds of development could be viable for 53 the one property before TIF is spent to plan all 12 properties. 54 55 Vice-President Stigney stated that hiring an outside consultant is a waste of TIF funding. He 56 noted that all 12 properties are contributing to the tax base and until they are sold to a developer, 57 nothing should be done. 58 59 Commissioner Flaherty stated he was initially skeptical, but the meeting with the consultant 60 solidified his belief that the study is money well spent. He reiterated that he would like the City 61 to sell the property as quickly as possible. 62 63 Vice-President Stigney asked if Commissioner Flaherty was referring to the property the City 64 owns or the other 12 properties. He noted that if Commissioner Flaherty was referring to the 65 only the City’s property, the study is a very large expenditure. Commissioner Flaherty clarified 66 that he believes it is beneficial for the City to spend the money on the complete comprehensive 67 study. 68 69 President Marty agreed with some of the concerns both Vice-President Stigney and 70 Commissioner Flaherty addressed. He noted he supports the Market Overview Study to help the 71 City determine what types of development could go in the area. He stated he would to put the 72 most emphasis on the Market Overview and less on that the Site Constraints and Land Use Plan 73 studies. He stated he does not want to spend over $4,000 to determine what could be developed 74 on properties the City does not own or control. 75 76 Commissioner Gunn said that in the future the other properties may be available and the study 77 would be a good investment for the City. She stated she supports the study now because it may 78 cost more in the future. 79 80 Commissioner Thomas stated she does not understand the broader market overview to which 81 President Marty was referring. She explained how the other parts of the study support the 82 Market Overview. She said she would favor reducing the costs by reducing the study area. She 83 the other aspects of the study are reduced the market overview will suffer. She stated the City 84 could direct Staff do as much work on the study as they could in order to reduce the costs with 85 Bonestroo. 86 87