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EDA RESOLUTION NO. OS-EDA-244 <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />APPROVING MOUNDS VIEW BUSINESS TOOLBOX <br />WHEREAS, at the request of the EDA, City staff was directed to prepare an <br />informative economic development resource guide; and, <br />WHEREAS, The first draft of the document was reviewed by the Mounds View <br />Economic Development Commission (EDC) on February 16, 2007 upon which the <br />EDC's input was incorporated into the document; and, <br />WHEREAS, The second draft of the document was reviewed by the EDA on <br />March 12, 2007 and March 26, 2007 upon which the EDA's input was incorporated into <br />the document; and, <br />WHEREAS, The third draft of the document was reviewed by the EDA on April 9, <br />2007 upon which the EDA provided additional input regarding the document and also <br />directed staff to obtain input from the EDC regarding the Business Improvement Loan <br />Program portion of the document; and, <br />WHEREAS, The fourth draft of the document includes the EDA's April 9, 2007 <br />input and the EDC's February 15, 2008 input regarding the Business Improvement Loan <br />Program's 2% interest rate; and, <br />WHEREAS, The fifth and current draft of the document includes the EDA's <br />February 25, 2008 input regarding the addition of purpose statements for the Business <br />Improvement Loan Program, Tax Increment Financing and Tax Rebate Financing <br />sections of the Toolbox; and, <br />NOW THEREFORE, BE IT RESOLVED, that the EDA approves the attached <br />Mounds View Business Toolbox as an internal City of Mounds View document. <br />Adopted this 10th day of March, 2008 by the <br />Mounds View Economic Development <br />Authority. ~ <br />_~ <br />Rob Marty, resident <br />(ATTEST) <br />J C;,~d <br />James Ericson, Interim Executive Director <br />