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<br />ED Report <br />April 19, 2006 <br />Page 6 <br /> <br /> <br />In Conclusion: <br /> <br />The City Council desires feedback from the Planning Commission and the Economic <br />Development Commission relating to the future of Tax Increment Financing in Mounds View. <br /> <br />If the Commission is able to take a position with regard to one or more of the desired <br />outcomes identified on Page 1, a motion of recommendation would be welcomed. If the <br />Planning Commission does not have a majority opinion upon which to make such a motion, <br />staff will simply communicate to the Council your individual opinions and provide (regardless) <br />any pie charts and funding priority checklists turned in. <br /> <br />Finally, while not part of the discussion or requested consideration, we have attached a <br />summary of the policy documents which govern the use of business subsidies in Mounds <br />View and the guidelines for the Housing Replacement Program and the Business <br />Improvement Partnership program along with the summary of the Economic Development <br />element from the Comprehensive Plan. If any of the Commission members would like to <br />have a full-text copy of the Business Subsidy policy, the TIF policy or the Tax Rebate policy, <br />please give Heidi or myself a call and we will make copies for you. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />Jim Ericson <br />Community Development Director <br />763-717-4021