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Mounds View EDA July 25, 2005 <br />Regular Meeting Page 2 <br /> <br />• Page 7, line 279, Brian Amundsen’s statement, reads: ‘gives a tax business’; should read: 46 <br />‘give a business a tax break’ 47 <br />• Page 9, line 368, reads: ‘the EDA to negotiation this project’; should read: ‘the EDA to 48 <br />negotiate this project’. 49 <br />• Page 10, line 406, reads: ‘adding that the do not believe’; should read: ‘adding that they do 50 <br />not believe’. 51 <br />• Page 12, line 506, asked Commissioner Flaherty to clarify the $778,000 per year. 52 <br /> Commissioner Flaherty explained that he had factored in the $5 million of surplus the 53 <br />City received and spread that out over the 25-years for the district. 54 <br />• Page 14, line 590, reads: ‘approximately $3 million’; should read: ‘approximately $300 55 <br />million’. 56 <br />• Page 15, line 602, reads: ‘noting that they would have the resources’; should read:’ noting 57 <br />that they would not have the resources’. 58 <br />• Page 15, line 604, reads: ‘over the last number years’; should read: ‘over the last number of 59 <br />years’. 60 <br />• Page 16, line 649, reads: ‘He stated that this is not a fair’; should read: ‘She stated that this is 61 <br />not a fair’. 62 <br /> 63 <br />MOTION/SECOND: Marty/Flaherty Approve the Minutes of June 27, 2005 as amended. 64 <br /> 65 <br /> Ayes – 5 Nays – 0 Motion carried. 66 <br /> 67 <br />6. CONSENT AGENDA 68 <br /> 69 <br />A. Moved to EDA Business Item 7C for discussion. Set a Public Hearing for August 70 <br />8, 2005 for Discussion of the Proposed Business Subsidy for the SYSCO 71 <br />Minnesota Expansion Project. 72 <br /> 73 <br />7. EDA BUSINESS 74 <br /> 75 <br />A. Review and Consider Possible Acquisition of 2617 Sherwood Road, a 76 <br />Property identified as a Blighted and Hazardous Building. 77 <br /> 78 <br />Community Development Director Ericson stated that 2617 Sherwood Road is vacant and 79 <br />currently uninhabitable. He noted that last year on October 11th the City Council adopted a 80 <br />resolution ordering the abatement of the property and since that point the City has been working 81 <br />with the property owners in trying to correct the deficiencies. He stated that so far they have 82 <br />been unsuccessful in getting anything accomplished. He stated that they have set multiple court 83 <br />dates, there have been continuances adding that Kennedy and Graven have been working on this 84 <br />on the City’s behalf noting that they have come to a possible agreement that they City could look 85 <br />at this as a potential housing replacement program parcel. He stated that it is on the City’s list 86 <br />and does meet all the requirements for blighted parcel for redevelopment. He stated that Staff 87