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Mounds View EDA March 26, 2012 <br />Regular Meeting Page 3 <br /> <br />Economic Development Specialist Steinmetz stated the County was responsible for cleaning the 88 <br />medians and if this was not completed to the City’s requirements, a company would have to be 89 <br />hired to complete this work. An additional item to consider was planting trees in the median. 90 <br />However, this may not be feasible, given the County restrictions. 91 <br /> 92 <br />Economic Development Specialist Steinmetz explained another item or priority would be to 93 <br />purchase and demolish vacant blighted properties. This would greatly assist with redevelopment 94 <br />of the corridor. Completing trail segments was a priority along with highway signs. Decorative 95 <br />banners could also be added to improve the corridor. Gateway signs would be also another item 96 <br />to consider. She requested the EDA review the recommendations and provide comment. 97 <br /> 98 <br />President Flaherty requested this item be held off for further discussion. He thanked the EDC for 99 <br />the list of recommendations. 100 <br /> 101 <br />C. Summary of Neighboring Cities’ Housing Programs 102 <br /> 103 <br />Economic Development Specialist Steinmetz stated this information was provided to the EDA 104 <br />for informational purposes. The information would assist the EDA in understanding how 105 <br />neighboring cities were addressing housing programs. She discussed scattered site blight 106 <br />removal programs and the positive impact this would have on Mounds View. She encouraged 107 <br />the EDA to review the information and bring comments or questions to staff. 108 <br /> 109 <br />Commissioner Mueller questioned if the low interest loans offered by other communities had an 110 <br />income cap. Economic Development Specialist Steinmetz stated there was a long list of criteria 111 <br />with income caps. She commented these programs were closely aligned with the City of Mounds 112 <br />View’s home loan programs. 113 <br /> 114 <br />9. NEXT EDA MEETING: Monday, April 9, 2012, at 6:30 p.m. 115 <br /> 116 <br />10. ADJOURNMENT 117 <br /> 118 <br />President Flaherty adjourned the meeting at 6:58 p.m. 119 <br /> 120 <br />Respectfully submitted, 121 <br /> 122 <br /> 123 <br />Recorded and transcribed by: 124 <br />Heidi Guenther 125 <br />TimeSaver Off Site Secretarial, Inc. 126