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• To: Economic Development Commission Members <br /> From: Kevin Carroll, Economic Development Coordinator <br /> Subject: Comprehensive Guide Plan update <br /> (Economic Development Section) <br /> Date: February 22, 1999 MEMORANDUM <br /> At our regular meeting on February 25, 1999, we should have sufficient time to continue our <br /> discussion regarding the Economic Development section of the Comprehensive Guide Plan <br /> update. I am now in the process of revising the initial draft to reflect your preliminary thoughts <br /> and the initial direction that you provided last Wednesday night, and I will have the revised <br /> draft available for your review on Thursday. <br /> For whatever"historical perspective" it might provide, this Memo will be accompanied by a <br /> copy of the 1986 "Economic Development Plan." As you will note, it is over 100 pages long, <br /> and it deals with a wide variety of topics that we will not be required to address in the <br /> Economic Development section of the Comp Guide Plan update. Bear in mind that when the <br /> 1986 Plan was being prepared, Mounds View had not yet created any Tax Increment <br /> • Financing districts, nor had development of any of the existing business parks begun. Roughly <br /> 1/3 of the 1986 Plan consists of a copy of a very detailed 1983 "Fiscal Impact Analysis"that <br /> may have been prepared by an outside consultant. Other portions of the 1986 Plan include <br /> "inventories" of various kinds(transportation system, parks, schools, utilities, etc.)that are <br /> either not required for our current Comp Guide Plan update or are already included in <br /> sections other than the proposed Economic development section. <br /> There was some discussion at the last EDC meeting regarding Comp Guide Plan updates <br /> prepared by neighboring communities. To date, we have received such documents from only <br /> Arden Hills and Blaine. Arden Hills did not include an Economic Development section in its <br /> Comp Guide Plan update. Blaine did not specifically identify any portion of its Plan update as <br /> an Economic Development section, but its Community Development section did include a <br /> few pages devoted to the topic of"Redevelopment." I have enclosed copies of those pages <br /> for your review. <br /> I anticipate that this Thursday's meeting will include a discussion of particular parcels or sites in <br /> Mounds View that are not currently developed to their"highest and best use." Accordingly, <br /> between now and then you might want to take a closer look at any buildings or sites (single <br /> parcel or multi-parcel)that you consider to be candidates for redevelopment, now or in the <br /> nea re. <br /> Kevin Carroll (6 -717-4029) <br /> Economic Development Coordinator <br /> N:\DATA\GROUPS\ECONDEV\EDA-EDC\EDC\STAFF99\022599C.MEM <br /> ■ <br />