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Mounds View EDA July 23, 2007 <br />Regular Meeting Page 4 <br /> <br />this document. 130 <br /> 131 <br />Commissioner Mueller said that under blight qualifications, Staff will arrange a tour of the inside 132 <br />but she is wondering if it is inside or out or both. 133 <br /> 134 <br />Director Ericson indicated that Staff would have already driven past the outside and made the 135 <br />inspection of the outside. 136 <br /> 137 <br />The EDA asked that inside and outside be added to the language. 138 <br /> 139 <br />Commissioner Flaherty said that this came up because the EDA put a moratorium on this 140 <br />program to allow time to create some conditions prior to the next request. Commissioner 141 <br />Flaherty said that he was pleased to see the language that any loans are at the discretion of the 142 <br />EDA. 143 <br /> 144 <br />MOTION/SECOND: Mueller/Hull. To Waive the Reading and Approve Resolution 07-EDA-145 <br />236, Amendments to the Housing Replacement Program Guidelines and Requirements. 146 <br /> 147 <br />MOTION/SECOND: Stigney/Mueller. To Amend the funding mechanism to be stretched out 148 <br />over ten years with a 10% reduction per year. 149 <br /> 150 <br /> Ayes – 5 Nays – 0 Amendment carried. 151 <br /> 152 <br />Commissioner Mueller said that she thinks that the Planning Commission and Staff have 153 <br />provided an excellent standard for this tool to apply it to any situation that is presented. 154 <br /> 155 <br /> Ayes – 5 Nays – 0 Motion carried. 156 <br /> 157 <br />The EDA recessed at 7:00 p.m. 158 <br /> 159 <br />The EDA reconvened at 10:10 p.m. 160 <br /> 161 <br /> A. Continuation of Discussion on Resolution 07-EDA-233 Adopting the 162 <br /> Global Release and Settlement Agreement Including Various Releases 163 <br /> 164 <br />City Attorney Riggs reviewed the language drafted for Resolution 07-EDA-233, Section 1.12. 165 <br /> 166 <br />After hearing the language, the Authority took a vote on the previously made motion. 167 <br /> 168 <br /> Ayes – 5 Nays – 0 Motion carried. 169 <br /> 170 <br />8. REPORTS 171