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Item No. 8A <br />Meeting Date: July 23, 2001 <br />Type of Business: EDA <br />WK: Work Session; PH: Public Hearing; <br />CA: Consent Agenda; EDA: EDA Business <br /> <br /> <br />City of Mounds View Staff Report <br />To: President and Members of the Economic Development Authority <br />From: Aaron Parrish, Economic Development Coordinator <br />Item Title/Subject: Consider Resolution 01-EDA-149 Approving and Authorizing the <br />Expenditure of TIF funds for the Mermaid/Edgewood Middle School <br />Regional Storm Water Pond. <br />Date of Report: July 17, 2001 <br /> <br />Background <br /> <br />Resolution 01-EDA-149 authorizes the expenditure of TIF funds for the Edgewood Middle <br />School Regional pond project. Since bids will not be received and evaluated until later in <br />the week, the exact figure is not known at this time. The number may need to be revised <br />upward or downward depending on the low bid for the project. An updated resolution <br />reflecting the low bid amount will be e-mailed once the bids are evaluated. A hard copy will <br />also be placed in your boxes. <br /> <br />Necessary Actions <br /> <br />1. Consider Resolution 01-EDA-149 Approving and Authorizing the Expenditure of TIF <br />funds for the Mermaid/Edgewood Middle School Regional Storm Water Pond. <br /> <br /> ______________________________________ <br />Aaron Parrish, Economic Development Coordinator <br />(763) 717-4029 <br />