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Consider Resolution EDA-08-244 <br />March 10, 2008 EDA Meeting <br />Page 2 of 2 <br /> <br />The EDA provided staff with the following input regarding the Toolbox on February 25, <br />2008: <br /> <br />• Add purpose statements under the Business Improvement Partnership Loan <br />Program, Tax Increment Financing and Tax Rebate Financing sections of the <br />Toolbox. <br /> <br />Purpose statements were added to the attached version of the Toolbox and are <br />consistent with the latest versions of the City’s Tax Increment Financing Policy, Tax <br />Rebate Financing Policy and the attached Business Improvement Partnership Loan <br />Program criteria and application. <br /> <br />Recommendation: <br /> <br />Staff recommends that the EDA consider the attached Resolution 08-EDA-244 <br />Approving the March 2008 Mounds View Business Toolbox. <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />____________________________ <br />Heidi Steinmetz <br />Economic Development Specialist <br /> <br />Attachments: <br /> <br />• Resolution 08-EDA-244 <br />• Mounds View Business Toolbox, March 2008 <br />• Business Subsidy Policy (May 2003) <br />o May 12, 2003 EDA/Council Minutes <br />o EDA Resolution 03-EDA-173 <br />• Tax Rebate Financing Policy (September 2003) <br />o September 22, 2003 EDA Minutes <br />• Tax Increment Financing Policy (January 2007) <br />• Business Improvement Partnership Loan Program Criteria & Application <br /> <br /> <br /> <br /> <br /> <br /> <br />