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Mounds View EDA April 9, 2007 <br />Regular Meeting Page 3 <br /> <br />EDC did recommend it go out on the website but there was not time to look at the 2% program <br />but they will go back and look at the partnership program. <br /> <br />Vice President Stigney said that he would like to have someone go through the tape and make <br />the edits discussed as he would like to change the tone of the document and describe what the <br />programs are rather than slant them toward the businesses. <br /> <br />Commissioner Mueller indicated that she would not want it on the website but some information <br />on the website for contact information about the program would be okay. She then said that she <br />would like this document for internal use only. <br /> <br />President Marty said that he would like this used as an internal toolbox for the City. He then <br />said that items on the website should be promoting the location of Mounds View. He further <br />said that in the background of the staff report the last sentence says that a statement will be <br />added to show that financial assistance is at the discretion of the Mounds View EDA and he <br />would like to start with that statement and wrap up with that statement to make it clear. <br /> <br />President Marty indicated that if businesses come in asking for assistance then Staff is aware of <br />the program and can discuss it with the businesses. <br /> <br />President Marty indicated that the 2% loans and prime rate discussion should be incorporated <br />into discussions with the EDC and bring it back but, the rest of the document has been reordered. <br /> He then said that his biggest issue was TIF being number 1 and he would be comfortable with <br />this as long as it is an internal tool. <br /> <br />William Werner of 2765 Sherwood Road said that Commissioner Mueller had complimented <br />Staff for removing the toolbox term last time and he would like to know why she did not like it. <br /> <br />Commissioner Mueller said that she did like the toolbox term but, when a more professional <br />sounding name came up, it sounded better. She then said that the reason she asked for this <br />document is so that TIF would not be the first thing that Staff came up with when a developer <br />came to Mounds View. She further said that this is a tool and she does like the toolbox term. <br /> <br />Mr. Werner said that he thought maybe Commissioner Mueller did not like this because she is <br />usually more conservative but this seems like a toolbox that is open for businesses to come in <br />and grab what they want. <br /> <br />President Marty said that the EDA has agreed to keep this as an in house tool for Staff and <br />Council to discuss if assistance is requested. <br /> <br /> B. Review Housing Replacement Program Policy and Requirements <br /> <br />Community Development Director Ericson noted that this item is before the EDA for review and