HomeMy WebLinkAbout05-09-1994 EDA1. CALL TO ORDER
2. ROLL CALL - Linke
Quick Wuori
Blanchard Trude
3. APPROVAL OF AGENDA
EDA ACTION: A T D
Comments:
4. APPROVAL OF MINUTES: April 25, 1994
EDA ACTION: A T D
Comments:
� a� _—. — _' —= — - �� _- : .— _— �- __ — �: � . ..�: � ._.
_ __�_ _ _ _ _ _ .. _ :_ ____. __ _ _ _ _
_ ---� .
�i . •
�j
i
-2-
5. CONSENT AGENDA
No items on consent agenda.
6. PUBLIC HEARING
To consider the consolidation of the EDA's three Economic
Development Districts into One Project Area
Consideration of EDA Resolution 94-EDA3
Approving Economic Development Project
and Tax Increment Financing Amendments
EDA ACTION: A T D
Comments:
7. EDA BUSINESS:
A. Consideration of Setting a Meeting of the EDA for Monday,
May 23, 1994, Directly Following the Mounds View City
Council Meeting �
EDA ACTION: A T D
Comments:
. . . . . . . �. __'_i ' "_ _ -��= _ :- __- _ " " 1 _. . _. .. . _:. __-. C" ' .
i . � � �_ . .� .. .. __� �__ _ _ �.� --�. _r..., ..._ . ._ . . . ... _ _.._._ ._'.. __.�-�
-3-
7. REPORTS:
Report of EDA Board Members:
1. Report of President Linke:
2. Report of Vice President Blanchard:
3. Report of Secretary Wuori:
4. Report of Commissioners:
a. Commissioner Quick:
b. Commissioner Trude:
5. Report of Executive Director:
6. Report of Treasurer:
"�3' . . .^ _ t_"_�_<... " .. ..-.. ' I� Ft _'__ _ .."=��^ L " .
�
7. Report of Attorney:
8. ADJOURNMENT:
_ _ ' ..� _ _. �' .� ._. �
r
. _ .`a�..__ "'r ' .�—"�� -.-� _ "�--, 1�.:_'�u. . . :. ��s.r __" i C " - _'". '_`_"""'w ' ` . _ __' ".-. ... �_ _'
_ :.... .__ -' _.'_ . ;_ _ . _ . .... _' '. _ "' . ..J�.. .. .; ..
�„�-_ -�.._ — -�—�. . ". • �
Ni0UNI35 VIEW ECONOMI� DEVELOPMENT ATJTHORITY
REQUEST FOR EDA CONSTI)ERATION
STAFF F�EPORT
EDA MEETING DAT� May 9, 1994
CDA Actio��:
❑ Special Order of Business Agenda Section: 6.
�] Public Hearings Report Number: 94-EDA3
❑ Consent Agencla Reporc Da�c: 5-5-94
❑ CDA Busincss
Itccii Dcscription: Consideration of EDA Resolutio� 94-EDA3 Approving Economic Development
Project and Tax Increment Financing Amendments
Executive Director's Review/Recommendation:
- No comments to supplenlent tliis report
- Cumniciits attacl�cci
L:xplaufll1011�SUllllll:Iry (;tttach supplcn�cnl ihcets :u n�a:ssiry)
S UNI�(�►RY:
The attached Resolution gives formal EDA approval for the consolidation
of the EDA's three Economic Development Districts into one Project Area.
Consolidation (sometimes referred to as "pooling" the districts)
requires a public hearing both by the City and the EDA as well as
adoption of resolutions which approve the consolidation.
Attached is the staff report to the City Council which details the
specifics of the action. The Planning Commission Resolution in support
of the action is attached as well as the letters both from Ramsey County
and School District No. 621. State law requires that both public entities
are notified of the pending action and provide written comment.
����
tha Orduno, Executive Director
RI:CO�i1f END�iTION:
, —� .3.t .� �_,—_ ::; L - _ - i
�; �y
i�em �esc-�� ar.:
�QL-ES-r FoA coL-�c�. co���..�zTo�
C'T' .� � �,� t� F�.T
C�':'�' COL�C:L ��TZ�1G DA�
=c�i:.is�:��ors 3eviewi�eca�We.^.cazior.:
- Vo cor.:� encs to su�aie �er.� :!�.is -zpar
- C�r:� er_=:, a�..ac :ec.
�;cnlar.acOrJSu�:.3�J (ar.ac^. supnie.^eat snee� a� aeceaur�.)
c7��T � RY:
�^D__^.C3 ,C.@� O.^,"
?..zro� �iu y: er
?..aror. Ja:z:
C�t::.ci �on:
l= 5cecai Qr::2r ot 3t�;.: e�
._ ?�.�iic =esr:::�,
� C�r.ser_r �=-n.^.c :
�= C�ur.c.: ^tsi.^.ess
he attached resolution gives formal approval for the Amendments to the Tax
ncrement Financing Plans for consolidation of the City's three Development
istricts into the "Mounds View Economic Development Project", often
eferred to as the "Project Area". The Plans consolidate and amend the
hree Development Programs for those Development Districts and redesignate
hat unified program as the "Project Plan". These Plans also amend the
roject Plan and the, three tax increment plans to reflect additional goals,
ctivities and expenditures for various Council identified development and
edevelopment goals.
n March of 1990, the Business Park Development District (No. 2) was
xpanded to include all properties within the City,:except for Development
istrict Nos. 1 and 3. Adoption of the amendments (through approval of the
ttached resolution) will result in an identified Project Area" for a tax
ncrement development �and redevelopment program that will include all
roperties within the City.
he amendments provide for flexibility in anticipation of future
evelopment costs. The primary purpose for the consolidation of the three
evelopment Districts into one "Project Area" is to utilize a degree of
unding flexibility for projects which may take place anywhere within the
roject Area. Without consolidation, increment from a Development District
ould only be used in the specific District. The consolidation will
ccommodate development and redevelopment activiti,es which can be funded
rom increment generated within the expanded "Project Area". Consolidation
ill provide development and redevelopment opportunities that, heretofore,
ad not been possible and also allow the EDA and City to accomplish
evelopment and redevelopment priorities in areas�that heretofore lacked
unding mechanisms.
s required by law, the City has submitted the Amendments both to School
istrict 621 and Ramsey County for their review. Their written comments are
� �
,
amant a Ordun � City Admin�rator
RF� �IE;�1 hTION:
otion to Waive the Reading and Adopt Resolution No. 4564 Approving Economic Development
�oject and Tax Increment Financing Amendments
z —— ,
�:___ :. 4 _, _. _ ____ __ , __ v� y_.__ _ � __. .
� _ _ __ �
a
i
STAFFREPORT
MAY 9, 1994
PAGE TWO
attached. The Planning Commission has also reviewed the Amendments which provide
for the consolidation of the Districts. Their resolution of support is also attached.
MOUNDS VIEW ECONOMIC DEVELOPMENT.AUTHORITY
COUNTY GF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 9��
RESOLUTION APPROVING ECONOMIC DEVELOPMENT PROJECT
AND TAX INCREMENT FINANCING AMENDMENTS
BE IT RESOLVED by the Board of Commissioners (the "Board")
of the Mounds View Economic Development Authority (the "EDA") as
follows:
Section l. Recitals.
1.01. It has been proposed �hat the EDA enlarge its
Development District Nos, l, 2 and 3(the "Development
Districts") in order to integrate and make coterminous their
boundaries and areas; designate said integrated areas as the
Mounds View Economic Development Project; amend the respective
Development Programs for the Development Districts to integrate
and expand their goals, objectives, activities, and budgets into
a single plan for the development and redevelopment of the
consolidated project areas; designate said consolidated
development program as the Project Plan; and amend the tax
increment financing plans for the tax increment financing
districts heretofore established within the Development
Districts, respectively, to reflect increased development goals,
activities, expenses and bonded indebtedness; all pursuant to
Minnesota Statutes, Sections 469.001 through 469.047, 469.090
through 469.108, 469.124 through 469.134, and 469.174 through
469.179, respectively (collectively, the "Plans"), and all as
reflected in that certain document entitled in part "Mounds View
Economic Development Project of the Mounds View Economic
Development Authority," dated May 9, 1994, and presented for the
Board's consideration.
1.02. The Board has investigated the facts relating to the
Plans and has caused the Plans to be prepared.
1.03. The EDA has performed all actions required by law to
be performed prior to the adoption and approval of the Plans and
has also requested that the Mounds View City Council hold a
public hearing on and thereafter consider approving the Plans.
262071.1
. , _ _ .
Section 2. Findings ror the Adoption and Approval of the
Plans.
2.01. The Board hereby finds that the Plans are in the
public interest and that the proposed development would not occur
solely through private investment within the reasonably
foreseeable future and, therefore, the use of tax increment
financing is deemed necessary; that the Plans conform to the
general plan for -the development or redevelopment of the City as
a whole; and that the Plans will afford maximum opportunity,
consistent with the sound needs of the City as a whole, for the
development of the Mounds View Economic Development Project by
private enterprise.
2.02. The Board further finds that the Plans are intended
and, in the judgment of the Board, their effect will be, to
promote the public purposes and accomplish the objectives
specified in the tax increment financing plans and the Project
Plan for the Mounds View Ecanomic Development Project.
Section 3. Approval and Adoption of the Plans.
3.01. The Plans, as presented to the Board on this date,
are hereby approved, established, and adopted; provided that the
foregoing approval is conditioned upon approval thereof by the
City Council following its public hearinq thereon.
Adopted by the Board of Commissioners of the Mounds.View
Economic Development Authority on May 9, 1994.
Commissioner moved the adoption of the
foregoing resolution, which motion was duly seconded by
Commissioner , and upon vote being taken
thereon, the following vo�ed in favor thereof:
and the following voted against the same:
262071.1
- � , �
Mounds View Economic Development Project
of the
Mounds View Economic Development Authority
Including Expansion and Consolidation of
Development Distric� Nose l, 2 and 3,
Amendment and Consolidation of Their
Development Programs and
Amendment of the Tax Increment Financing
Plans for the Tax Increment Financing
Districts within Said Development Districts
May 9, 1994
This document was drafted by: Briggs and Morgan
2200 First National Bank Bldg.
332 Minnesota Street
Saint Paul, Minnesota 55101
Tel: (612) 223-6600
Faxe (612) 223-6450
F.l�r[.f:?
_" ": . . . . � "" "" " - ' _ _- 1 ' _
l_-� . � �-�.di:�� :_.'_ .. ._s �. -�.:_--��_-_ �_� -.'��: _ _ : -= ..... _ • . . ' �.�- : ..:.�...� :: .. � r �-_�_ �._ _ _"�s_" . w. � __ _ " "..���"_ _-I
Establishment of the Mounds View
Economic Development Project, adoption of its Project
Plan and Amendment of Tax Increment Financing Plans
Section 1.1. Definitions. The terms defined below, for
purposes hereof, shall have the following respective meanings,
unless the context specifically requires otherwise. The term
"development" includes redevelopment, and the term "developing"
includes redeveloping.
"Board" means the Board of Commissioners, the governing
body, of the EDAo
"Citv" means the City of Mounds View, Minnesota.
"Council" means the City Council of the City, its governing
body.
"Countv" means Ramsey County, Minnesota.
"De�elopment Districts" means Development District No. l,
Development District No. 2 and Development District No. 3, and
references to the "Development Districts" shall, unless the
context clearly precludes it, also refer to said Districts as
they may heretofore have been amended or may herein or hereafter
be amended.
"Deve`lopment Programs" means the Development Programs for
the Development Districts, being specifically Development Program
No. 1, Develapment Program No. 2 and Development Program No. 3,
and references to the "Development Programs" shall, unless the
context clearly precludes it, also refer to said Development
Programs as they may heretofore have been amended or. may herein
or hereafter be amended.
"EDA" means the Mounds View Economic Development Authority,
established pursuant to the Enabling Act and pursuant to a
certain "enabling resolution" adopted by the Council on March 28,
1994.
"Enablinq Act" means Minnesota Statutes, Sections 469.090
through 469.108, including all statutes and powers incorporated
or referenced therein.
"Project" means the Mounds View Economic Development Project
established hereby, including without limitation the areas of the
zsnba
-1-
i
. : �n.:_ �. _ �.. . .. . - _--- - - _- = - --- °'--:-.. � : . - � -
City encompassed therein, and initially constituting all of the
Development Districts, as the same may be amended.
"Proiect Area" means the total area within the City included
within the Project.
"Project Plan" means the plan adopted hereby
development of the Project, constituting initially
Development Programs, as amended hereby and as the
further amended.
"State" means the State of Minnesota.
for the
the
same may be
"Tax Increment Districts" means the Tax Increment Financing
Districts which have heretofore been established within any of
the Development Districts, or which may hereafter be established
within the Project, as the same may heretofore have been, are
hereby or may hereafter be amended.
"Tax Increment Act" means the Minnesota Tax Increment
Financing Act, presently codified as Minnesota Statutes, Sections
469.174 through 469.179, as the same may be amended.
"Tax Increment Plans" means the respective tax increment
financing plans adopted for the Tax Increment Districts,
respectively, as the same may be amended.
"Development District No. 1" means that certain Development
District No. l, originally approved and established by the�City
and the Council (pursuant to its Resolution No. 1951) as of
December 12, 1985, as the same may have been amended prior to the
date hereof.
"Development Proqram No. 1" means that certain Development
Program for Development District No. l, originally adopted and
approved by the City and the Council as of December 12, 1985, as
the same may have been amended prior to the date hereof.
"Development District No. 2" means that certain Development
District No. 2, originally established and approved by the City
and the Council (pursuant to its Resolution No. 2091) as of
September 22, 1986, as the same may have been amended prior to
the date hereof.
"Development Proaram No. 2" means that certain Development
Program for Development District No. 2, originally adopted and
approved by the City and the Council as of September 22, 1986, as
the same may have been amended prior to the date hereof.
257768
-2-
"Development District No. 3" means that certain Development
District No. 3, originally established and approved by the City
and the Council (pursuant to its Resolution No. 2294) as of
February 22, 1988, as the same may have been amended prior to the
date hereof<
"Development Program No. 3" means that certain Development
Program for Development District No. 3, originally adopted and
approved by the City and the Council as of February 22, 1988, as
the same may have been amended prior to the date hereof.
Section 1.2. Backaround and Purposes. The City
established the Development Districts and adopted their
respective Development Programs pursuant to the Minnesota
Municipal Development District Act, previously found in Minnesota
Statutes, Chapter 472A, and now codified in Minnesota Statutes,
Sections 469.124 through 469.134, and the City established Tax
Increment Financing District Nos. 1, 2 and 3 within the
Development Districts pursuant to the Tax Increment Act.
Pursuant to the Enabling Act, on March 28, 1994, the Council
adopted an enabling resolution and thereby established the EDA.
Pursuant to Section 469.094, Subdivision 2, of the Enabling Act,
the City transferred to the EDA, and the EDA accepted from the
City transfer of, the control, authority, and operation of the
Development Districts, including the existing Tax Increment
Districts therein, thereby empowering the EDA to exercise all of
the powers that the City could exercise with respect to the
Development Districts, subject to the covenant and pledge by the
EDA to perform the terms, conditions, and covenants of all bond
indentures and other agreements executed for the security of any
bonds issued and any other activities undertaken with respect to
the Development Districts.
The EDA recognizes and finds that, while appropriate uses
and emphases may vary between various portions of the City,
efforts to develop the City will be enhanced and their success
will depend upon a unified, consistent, and broad-based approach
which is unrelated to the respective boundary lines which
currently exist for the Development Districts. In particular,
the Board believes that it is important to have the flexibility
to use tax increment and other resources generated within any of
the Development Districts for the preservation and enhancement of
any and all portions of the entire Project Area, all as may be
permitted by applicable law.
Accordingly, it is the EDA's purpose, consistent with the
stated purposes of the Council, to consolidate and amplify the
25 7768
-3-
_ . . _ �_____ _ . �
City's development areas, goals, objectives, development costs,
and activities to the fullest extent permitted by the Enabling
Act, the Tax Increment Act and other applicable law, and the
Board hereby finds that through such consolidation the necessary
development of the City can be accomplished more consistently,
efficiently, and economically.
Pursuant to Section 469.094, Subdivision 2, of the Enabling
Act, the EDA is authorized to exercise the powers'of a city with
respect to a development district under Minnesota Statutes,
Sections 469.124 through 469.134, and the powers of a housing and
redevelopment authority under Minnesota Statutes, Sections
469.001 through 469.047, among other powers, and it is the
intention of the Council and the Board that the EDA shall have
and be empowered to exercise any and all of said powers as may be
necessary or appropriate for the development of the Project in
accordance with the Project Plan.
The Development Districts, the Development Programs, and the
Tax Increment Districts and Plans are hereby incorporated herein
to the same extent as if set forth in full herein.
Section 1.3. Enlarqement and Consolidation of the
Development Districts; Designation as Mounds View Economic
Development Project. Each of the Development Districts is hereby
enlarged to include the area of each of the other Development
Districts, and said consolidated and enlarged composite area is
hereby designated as the Mounds View Economic Development Project
(the "Project").
The Board finds that each of the Development Districts, as
so enlarged pursuant to this Section 1.3, and the resulting
Project Area, together with the goals and objectives which the
EDA seeks to accomplish or encourage with respect to such areas,
constitutes without limitation a"development district" within
the meaning of Minnesota Statutes, Section 469.125, Subdivision
9, and a"redevelopment project" within the meaning of Minnesota
Statutes, Section 469.002, Subdivision 14.
Section 1.4. Amendment and Consolidation of the Development
Procirams; Designation as Project Plan. Each of the Development
Programs is hereby amended to include all of the goals,
objectives, activities, and development costs heretofore
identified in each of the other Development Programs and in each
of the Tax Increment Plans; it being the intent and effect of
the foregoing that each of the Development Programs and Tax
Increment Plans shall be and hereby is amended to include the
other Development Programs and Tax Increment Plans. Said
257768
-4-
.� .,.
, 4 � .�.. � . ,� . <. _ _ _ _ _ _ � ____
- - -� �� � � - ; � .�_ � . _
consolidation and amendment of the Development Programs shall be
known as the Project Plan for the Project. It is also the
Board's intention and determination that any amendment to any of
Development Programs, the Project Plan or the Tax Increment Plans
made herein or hereafter shall constitute and be deemed to be an
amendment of all of the Development Programs. The Council hereby
finds that each Development Program, as amended pursuant hereto,
together with the composition thereof into the Project Plan,
constitutes and shall be deemed to be a"development program"
within the meaning of Minnesota Statutes, Section 409.125,
Subdivision 3, and a"redevelopment plan" within the meaning of
Minnesota Statutes, Section 469.002, Subdivision 16.
The City has heretofore identified significant development
activities and costs within and for the benefit of the
Development Districts and has financed such activities through
substantial bonding and investments of tax increments and other
„ revenues; and the Project Plan is hereby amended to include, as
development goals, activities and costs for the Project Area (1)
the attraction, retention, rehabilitation and preservation of
commercial, industrial, retail, residential, recreational and
public service facilities, including necessary or desirable park
and recreational facilities, both active and passive; (2) new and
rehabilitated public infrastructures; (3) community and other
public service centers; (4) senior/mature adult and/or other
housing development partnerships or other multi-use housing
projects and facilities; (5) other public utilities (including
telecommunications); (6) business incubator loan and other
business programs; (7) transportation systems; (8) and all.
related activities or undertakings that may be desirable or
necessary in connection with the completion and integration of
such community development. The City has heretofore identified,
and the EDA hereby restates, reaffirms and incorporates herein,
long-range plans for the preservation and development of the
City.
The EDA acknowledges the potential and desire for
significant new development projects within the Project Area. As
these expected developments materialize, the EDA and/or the City
may also be faced with significant additional expenditures
involved in acquiring property, relocating businesses and other
current users of such properties, clearing sites for development,
and participating in the installation of necessary public
infrastructures, as well as such other undertakings and forms of
assistance as may be necessary or appropriate for any particular
project. While it is not possible to predict with precision the
overall magnitude of such costs or specific activities, or in all
cases the feasibility of financing them in whole or in part, over
the term of the Project and its Tax Increment Districts, the
z5nba
-5-
_ �- .¢�- _ �
____. L.._..� .� _ ' =s��'-'�. c .c .�.-�_. _ . _. .. . . _"—'_' __ '. ". ' - .�. ..��_ . _ .. ' _' "_ "'_— _-�
' I
total additional principal costs hereby added to the Project Plan
(to be eligible for financing through tax increment and other
revenues, including bond proceeds) is estimated to be not less
than $20,000,000, but the budget for the Project Plan is hereby
amended to include all of the tax increment and other revenues
generated heretofore or hereafter by the Project, based on the
determination by the Board that the development needs of the City
exceed the resources available through continued implementation
and utilization of the Project and the Tax Increment Districts.
These projects are also expected to require the use of the
legal authority.of the City or the EDA to issue bonds or other
debt, including general obligation bonds (of the City) and
revenue only obligations, to cover all or a portion of the
related development costs. The Board finds that it is necessary
and hereby does amend the Project Plan to include such additional
activities and related costs as may be involved in such
undertakings, as and when the opportunities arise and are
approved by the Board. In addition to such other costs, the EDA
would expect to incur certain financing costs, such as
capitalized interest, bonding discount, costs of issuance, and
administrative expenses. These additional costs, together with
the interest to be paid on any debt issued by the EDA or the City
to assist in financing such projects, would also be part of the
"development costs" of the Project and would therefore be
included within the Project Plan.
Accordingly, the EDA anticipates utilizing all future tax
increment receipts from the Tax Increment Districts to retire
outstanding debt and other obligations heretofore and to be
incurred for the betterment and development of the Project Area.
The EDA hereby amends the Project Plan to provide for the
issuance of bonded indebtedness in an aggregate principal amount
equal to and necessary to finance the activities described in the
Project Plan, as adopted and amended herein. The EDA shall also
acquire and expects to acquire those properties within the
Project Area which may, be needed for purposes of or helpful in
implementing the Project Plan.
In addition to the costs described above, the EDA intends to
pay from available tax increment such qualifying administrative
costs as may be permitted by but subject to the applicable
limitations provided in the Tax Increment Act.
Section 1.5. Amendment of Existina Tax Increment Plans.
Each of the Tax Increment Plans for the existing three Tax
Increment Districts is hereby amended to incorporate all of the
public development costs, programs, goals, and activities
Zsnbs
-6-
,. I. . . . : . _^ I _ _'. . . L
_ . _ _ . . :. . _ .. .. , .. . . _ " ' ' _-_ �_ �� �.
�s:... , ..� . . ..��.' �� '� . ".'__' _��"_•�_�.�_�,- �.. .. :..-. �. . :..._._ .. . . . .. . . _._-
heretofore and herein incorporated into the Development Programs
and the Project Plan pursuant to these Sections 1.1 through 1.5,
inclusive, including without limitation all of the development
costs identified in the Development Programs and in each of the
other Tax Increment Plans. Accordingly, the EDA intends to use
tax increments from these three Tax Increment Districts to
finance activities on an as-needed basis throughout the Project
Area.
z5nba
-7-
�, . �_ _ _ __
NOTICE OF PUBLIC HEARING
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN �hat the Board of Commissioners (the
"Board") of the Mounds View Economic Development Authority (the
"EDA") will hold a public hearing on Monday, May 9, 1994, at a
meeting of the Board to be held in the Mounds View City Hall,
2401 Highway 10, Mounds View, Minnesota. This meeting of the
Board will begin immediately following the adjournment of the
meeting of the Mounds View City Council, which begins at 7:00
p.me The public hearing concerns the proposal of the EDA to
enlarge its Development District Nos. 1, 2 and 3(the
11Development Districts") in order to integrate and make
coterminous their boundaries and areas; designate said integrated
areas as the Mounds View Economic Development Project; amend the
respective Development Programs for �he Development Districts to
integrate and expand their goals, objectives, activities, and
budgets into a single plan for the development and redevelopment
of the consolidated project areas; designate said consolidated
development program as the Project Plan; and amend the tax
increment financing plans for the tax increment financing
districts heretofare established within the Development
Districts, respectively, to reflect increased development goals,
activities, expenses and bonded indebtedness; all pursuant to
Minnesota Statutes, Sections 469.001 through 469.047, 469.090
through 469.108, 469.124 through 469.134, and 469.174 through
469.179, respectively (collectively, the "Plans"). A copy of the
relative documentation proposed to be considered at the hearing
will be on file and available for public inspection in the Mounds
View City Hall not later than 10 days prior to the public
hearing.
Al1 interested persons may appear at the May 9 public
hearing and present their views orally or in writing.
rzY��r��i
��'�r� _._.._`.., -._� _ .�-:�'L---=.�-=�'�:�.. -=_. --' Lz°�---- - . , !� � . L"� � . .. _ . . -- ' - - --_..
Planning Cornmission Resolution iVo. 385-94
RESOLUTION OF THE MOLTNDS VIEW PLANNTNG COMMISSION CONCERNING
THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY'S ECONOMIC
DEVELOPMENT PROJECT AND TAX INCREMENT FINANCING PROPOSALS
WHEREAS, the proposals made by the Mounds View Economic
Development Authority to enlarge its Development District Nos. l,
2 and 3(the "Development Districts") in order to integrate and
make coterminous their boundaries and areas; designate said
integrated areas as the Mounds View Economic Development Project;
amend the respective Development Programs for the Development
Districts to integrate and expand their goals, objectives,
activities, and budgets into a single plan for the development
and redevelopment of the consolidated project areas; designate
said consolidated development program as the Project plan; and
amend the tax increment financing plans for the tax increment
financing districts heretofore established within the Development
Districts, respectively, to retlect increased development goals,
activities, expenses and bonded indebtedness; all pursuant to
Minnesota Statutes, Sections 469.001 through 469.047, 469.090
through.469.108, 469.124 through 469.134, and 469.174 through
469.179, respectively (collectively, the "Plans"), have been
submitted to the Mounds View Planning Commission (the
"Commission") ; and
WHEREAS, the Commission has reviewed the Plans to determine
the consistency of the Plans with the Comprehensive Plan of the
City:
NOW, THEREFORE, BE IT RESOLVED by the Mounds View Planning
Commission that the Plans are consistent with the Mounds View
Comprehensive Plan and the Commission recommends approval of the
Plans to the Mounds View City Council.
,. /
Adopted �;%J,4=�� -v , 1994.
/ "
262071.1
� �� '_�-�
1��,. «�
,J ; chair `�
aAnnScY COU►vrr
Offic� of the Connty Ma.na.ger
Ter.y Schutten, County'vianager
250 Court House
15 West Kellogg Boulevard
St. Paul, uN 5�102
Apcil 15, 1994
James P. 0't4eara
Briggs and Mo�gan
Z200 First National
St• Paul, MN 55101
Dear Mr. 0'Meara:
Bank Building
: :: __ . u: �,.,
,_� � _ . � a -�
Te1:61?-266-8000
Fax: 012-266-$039
Thank you for your letter regarding the proposed Mounds Vie�a Ta:�
Increment and Development District Plans and Amendments.
The Ramsey County Board has considered the issue of Tax Increment
Financing (TIF) on a number of occasions, the most recent being in Aori1
and May of 1993. At that time, the Board reaf�irmed their concern that
reliance on TIF adversely af=ects the County's prooerty tax base and
artiiicially inilates the property taxes oi those propecties that are
not included in the TIF plan.
The Ramsey
involvement
management
Iimitations
County.
County Board continues to desire greater County Board
in TIF decisions and the process of decision making;
ot the growth in the use o£ T2= within Ramsey County; and
on the imoact of TIF on the progerty tax base in Ramsey
The attached resolutioris (82-734 and ?3-215) express the Board's concern
regarding TIF and their posztions conc=rning proposals to change
e:�isting legislation relating to it. If you have any questions, please
fe�l free to cail me at 266-8014.
Sincerely,
�i�fiG�z� �i
Bonnie C. Jac' en
Chies Cler!cC jCounty Board
Attachments
cc: Ramsey Countv Commissionecs
Terry Schutten, County Manager
Lou McKenna, Director, Property Records and Revenue
Terry Lindeke, Direc;,or, Inte:governmental A=�airs
Judy Karon, Direc�or, Community and Economic Deve�ooment
Samantha Orduno, MounCS Vie�a Cit� �ianage=
liinu�esota's �zst Home t�nie Coant,
��
�'v '`�r � ti:� .� ��.i �a � -`� .:i�
�oard of
�/��mse �o �n� ..��oPn.tzzlss�on ers
.� .'�
Present2d By Commissioner Schaber Date SeDCemb�Y �3, 1982 � M0. 82-73�
Att�nt�on:
Budget & accounting; L. McKenna, Froperty Tax;
All Municipality Clerks, Ramsey Councy;
WHEREAS, Tax increment financing districts are being created in Ramsey
County in increasing numbers and for 51gnificant amounts, and
WHEREAS, The 7ack of availability of d1�Cernative financing methods
suggests that reliance on tax increment financing will continue to increase in
the future, and
WHEREAS, Tax increment financing adversely affects the County's tax base
and artific7ally inereases the County's property tax mill rate, and
WHEREaS, The County has no staiutory authority �o limit the use of tax
i ncrerr�nt fi nanci ng, and
WHEREAS, The County feels that it is necessary to express its concern
to all municipalities in Rart�sey County about the us� of tax increment financing;
Now, Therefore Be It
RE50LVED, Tha� the Board of Ramsey County Commissioners hereby adopts the
following policy statement which shall be the official County comnent for all tax
increment projects proposed in Ramsey County:
The rapid groWth in t�e creation of tax increment finaneing
districts is of increasing con�ern to Ramsey County. It shouid
be noted that all increases in assessed valuation o�er the base year
vrould be captured, whe�her or not they are generated by
economic development activity carried on by the authority.
7�e County's tax base is.affected adversely at a time when �here
is additional reliance on ad valorem property taxes because
af the reduction in state and federal aids.
Also, Ramsey County finds it objectionable, that under present
statutes, prov7sion is made for comment only, rather than
statutory power for counties to limit or contro' the use of
tax increment financ�ng.
Ramsey County recognizes that tax increment finaneing is one
of the tools ava�lable to encourage development or redeve7op-
men� within a municipality. However, caut7ous and judicious
u5e of the tax increment fznancing vehicle is necessary to
insure that it is not abused. The County would like to see
all municipalit�es uho use �ax increment financing develop a
strategy which encourages development while protecting ti�e
municipality and its taxpayers from unnecessary expense by
kOB�KT J. OR7'H, Cirn.i�►1rs�n gy �continued-
,,. r „. _ �,,,,Nr„ tz���„
r i � �. �,^ � rr-t n� ��— rr -� tl� tA , �p� �� /l1.'�.�
� a 9��9�809�� 'OI�I��' 1 � l ��.�/v l : � l vo ,�0 '�01�1n�� _�`��-���-� l9 � �l�J� '�a �I����0,�1 � 5,�'� i ���� �
`r
� ,� � �►f <L '� .i.�L
.� �. `�i � '�.v .� �:1
Bo�rd o$
..J�d�2 s e r Co �� ��on2r�21ss,ior� e�.�
, � � I
Presented By Coaunissioner Schaber Oat� Sept�mber 13, 1982 � N0. 82-734
Attention:
Page Two - con�inued
making negotiated recoupment either a total or partial
requirement for every tax incremen� project, Starting with
the premise that the municipality shouTd eventually reeoup
all ar part of its subsidy, with tne timing and amount of
recoupment determined by a project's profitability, a more
selective use of tax incremen� financing would accur. The
recoupment plan coulG include alternatives such as repayment
to �he city very quickly or only when ar+d if the project is,
sold; muni�ipally retained ownership of the land and recoupjng
expenses through iease arrangements; or the developer al7owing
the municipali�y �o be partial owners of the de�elapment.
Municipalities are encouraged to de�elop tax increment plans
as part of �heir capital improvement planning and budgeting
processes to ins�re tnat �heir goals are aceomplished in a
systematic way_ Since a municipality's capacity �o earry
bonded debt is limited, so is its ability to use tax increment
finan�ing. As part of its debt management protess, the muniCi-
pality should decide what portion of jts bonded deht it wishes
io allocate to tax increment bonds. That poriion should then
be tentatively alTocated to various ac�ivities deemed appropriate
recipients of tax incremen� resources. Resulting development
projec-�s could then be considered on how they re]ate to the
previously identjfied needs of the munic�pality.
R08+EKi J. ORTN, Clza,i�n�an 8y —��G�= __ ���'i•/�
. r ,.� _ r�,��N�,i Rn�r �
. �1 9�4u�8U��'�r 'Oi�I%�i;�l '�,�%�!'�; ;b,_�� ��UIPH,�! cvg,�-���-�l9 'Ii1yd'I.� 1vtJ�0� � S��I'd� ;�i0��
�
�,.� .n� wi .A � .iw �r ..oh '�i
�..� �y ��t> ia..' '�.� +� �..4 %k9 .�'a� ioJ
Boat� ol'
�QI17S 2 �O z1�Z �u �anz.�t?�S�SlOn erS
� ✓
Presented By Coinmissioner Finley Oate Apr�l S, 1993 �o, 93-Z15
A'ttent�on _
Budgeting and Accounting
Terry Lindeke, Director, In�ergovernmental Relation�
Page 1 of 5
WHEREAS, The Ramsey Coun�y Board of Cammissioners has con-
sidered the issua of Tax Zncrement Financing (TIF) an a number or
occasions; and � '
WHERE�S, The [ounty Board has been �oncarned that reliance on
TZF adwersely affects the [ounty's property tax base and artifi-
cially inflates the property taxes o� those properties �hat are not
inCluded in TIF development plans (County Bo��d Resolution No.
82-734, dated Septembez 13, 1982); and
WHEREAS, The
sessian, directed
State Legisl.ature
objectives:
a_
�
c.
�ounty Board, during the 1990 legislative
Covnty staff to commence ongoing �ork•With,the
to ensure achievement of the follo�ing gol�.cy
Greate= County Board involvement i� tax increment financing
decisions and the process of de�ision m.akiny;
Management of the grovth,in the use of TZF t,rithin Ramsey
County; and
Liraitations cn the impact of iIF on the tax base in Ramse�
County; and
W?3E�EA5, Since that time, representati�res oi Ramsey County
have been wo�king with the State Legislature �o present these
objectives as the policy positions of the Ramsey County' Board; and
WHEREAS, Since that time, Ramsey County staff and �epresenta�
�ives o£ the municipalities in Ramsey County have been meeting te
discuss the use af TIF and other econamic developmeat issues; an,d
WHEi�EAS, Although county and municipal staff have collabora-
tively reached consensus on a n.umber of economic development
issues, they have not been able to reach cvnsensus on the most
desirable uses of TIF throughout Ramsey County; and
R�MSEY COi7DTTY BOARD OF COMMISSI�NERS
YEA N�Y OTH£R
Diane Ahrens
John Finley
Ruby Hunt
Hal Norgard
Warren Scha.ber
Bzenda Thomas
Dick Wedell
Hal Norgard, Chairman
(CQntinued)
.
' ��J�� �Z L���!�•=�_r r f ��
n rr ��r � .} / L �n T � pT C`t t .i.
� d ���yr:�0u�:, 'OPIi�I �! 'ZSiGI ��l vo ,�0 �0(Ilhw) y799-�Z�-Gl9 'I�l�� �i; 1�I�I��G;� � S�JId� 1�0��
'�') 1 A ° >.r
�����������
�oard ot
�ams e �o un � Co�zm �s�s ron ers
� �
Presented By Comacissioner Finl.eY Oate Aprii 6, 1g�3 Na_ 93-215
Attent�on:
Sudget�ng and Accounting
Terry Lindeke, Di=ector, intargovernmental Relations
Page 2 of 5
WSEREP�S, Duzing this time, there have been a number of
Iegislati�'�e proposals develop�ed by various groups relatxng to TZF;
and
WHFREAS, A number of these proposals, if they are enacted
during the 1993 legislative session, would negate the curzent
poiicy af the Aamsey County Board regarding the use of TIF; �nd
WFIEREI�S, Sevecal of the cities �ithin Ramsey County are
suppvrting these Iegislative proposals, especiaily in relatian to
the use of TYF for the clean—up of polluted laads, broadening
current TIF Iaws to expand the use oi TIF fer social ser�i�e/
housing—related issues, as vell as econonaic
developmeat/redevelopment and manu=acturing projects and changes to
the current provision in the TZF laWS regarding the Fi�.CA/LGA
reduetion; and
wH�.REa�S, Based upon the facts that:
a county and munic�pal staff have not been able to reach
agreement on neW recommendatiQns regarding the use of TIF;
and
o the proposals that haVe been or may be presented to this
session of the Minnesota Legislature, if enacted, will not
support the County Board's polic�r objectives regarding tihe
use of TIP; and
WHEREAS, Couaty staff recommend that the Ramsey County Board
eontinue to �aursue the three policy objectives rela�.ed te TIF, as
previously outlined in this resolution; and
wEEREAS, County staff recommend the follo�.ri.ng sgecific
legislati�e proposals ta implement the County Baard's policy
objectiVes:
RAMSEY COUNTY BOARD OF COMMISSIONERS
Yr.� NLiY aTHER
Diane Ah=ens
John Finley
Ruby Sunt
Hal Nargard
Warren Schabe= �
Breada Thomas
Di.c3t 4�edell,
Hal Nargard, Chairman
(Continued)
8y
�in ...� _ !'....��i. �.>.�
9 d 9��Q����":�'�� '0�'�Ii�l � �l '1��/�i ��i 7r ,'�0 '�0(PH11 �`v99-'�GG-�l9 �P�d 'ZS �1[�1��1C� �R S�JIN_'�: 1�0��
'?-� ,� " .i`, � 111 T � �f''� -n
s. u� •ar aw ..,s .�. A�.b iJ .i. 'v.✓ ...�.
Boazd o�
.
� t amse ounf Com�n.�ss.rozzers
� .�
Presented 6y Comneissiones Finlev Date April 6, 1993 Ha. 93-Z15
att°ntiort:
Budgeting and Accounting
Terry Lindeke, Disector, Intezgovezr�ental. Relations
Page 3 oi 5
A.
B.
Polluted lands proposals/Iegislation
1_ ReciuirG �oun,ty SQard, �pp�roval or �odif,ication of TIF
plans;
2. Require an extension of the County's rev3ew peziod from
30 to 60 days;
3. Develop a coun�y-vide economic development plan rhat
focuses on clean-up and deve].opment/redevelopment of
polluted lands; (such plan should bQ part of a
comprehensive regional plar, to dsal �ith the clean-up
of polluted 5i.tes);
Q. PrioritiZe the sites that are to be cleaned up;
5. Reguire changes in the lar� that �cul.d •Iimit the costs
associa�ed �ith pre-cleanup, including litigation
costs;
6_ Require state funds/grants to finance C1ean-up of
polluted lands; and
AZ1 other TIF prcpasals
].. Require County �oard approval or modification of TIF
plans;
2. Require a 60-day reviev period for the county to re�'ie�
TIF groposals;
3. Require the ability to create a cvunty-�ide economic
deveiopment plan which would be part of a regional
economic.development p1.an;
4. Require retention v� the current limits on pooling; and
5. Require retention of the current method for computing
increment.
NaT.r, Therefote, Be It
RESoLVED, The Ramsey County Board
to support the th=ee policy o�jectives
as outlined in this resolution; and Be
R�MSEY COUNTY BOAAD OF CQMM.ZSSIONERS
YEA NAY OTHER
Diane Ahrens
John Finley
R�uby gunt
�al Norgard
'�7ar� exz Scha.ber
�renda Thomas
Dick Wedell
of Cammissioners continues
relat3ng to the use of TZF,
It Furthec
Sal Notqard, Chairmaa
(Continued)
8y
/� � D n �- o unty 3a
1 d 9��9�809G� �Oi�I/� l�� l'1.S/9l � � l v6 ,�0 '�0 (�1H1.) �7gg-���-Z l9 ZI1dd 'ZS ��I�i��Gi�l � S�J�I�� i'iO.N_�
D-" 'I �� _
r�, a �tir n�: 'lJ .: �a,�. ':d� .:. �,.� .b.l
�OdI� O�
��m S�/ �O r��1 � �Ornz2ZISSl�n 2�S
JZ �t Z
PreSented By Cammissi�aer Finlev Oa�e Anril 6 � �993 No. 93-215
attentlon_
Budgeting and Accounting
Terry Lindeke, Director, Irttergoveznmental. Relations
Page 4 of 5
RESOLVED, The Ramsey County Board direc�s its representat3ves
to lobby members of the Mir�nesota •Legislature• for� the fnl.loving
speciiic l.egislati�e proposals, in order to implement the County
Boatd's objectives regarding TIF:
�. Polluted lands proposals/Iegislation
1_ Require County saard approval or madification of TIF
plans;
2. Require an extension af the �ounty's revieur pez'iod from
30 to 60 days;
3. De�elop a county-wide economic development plan that
focuses on clean-ug and develop�ent/redevel.opment of
poliuted Iands; (such plan should be part of a compre-
hensive regiona7. plan to deal �rith the clean--up of
polluted sites};
4. Prieri�ize the sites that are to be cleaned up;
5. itequize changes in �he las+ that �ould limit �.he costs
associated vith pre-cleanup, including Iitigation
cvsts;
6. Require state funds/gran�.s to finance c].ean-up of
polluted lands; and
B. A11 other TIF pr000sals
1. Require County Board agpro�val or modi�ication of TzF
plans;
2. Require a 60-day =evies� period fdr the county to revie�
TIP progosals;
3. A�quire the abilit� to create a county-��►ide economic
deveZopment plan wnich vouZd be part of a regiortal
economic development plan;
4. Require retention of the current limits on pooling; and
5. Require retention o£ the current meth�d for cemputing
in�rement.
and Se Zt Further
RAMSEY COIINTY BDARD OF CO2�!2SSIONERS
YE�► NAl OTAER
Diane .�.hrens
John Finley
Ruby fiunt
5�.1 Norga=d
Warren S�haber
Hzenda Thoraas
Dick Wedeil
Hal Norgard, [hairm.an
(Cantinued)
r3u
.o.�. nn � nr�wTf1 rZnnw.�
, ,,;,� ,.� ,.. r ��,�r � � r ^r -� ,,:. - ; � 7 i�� , ��:,:, qG H�
8 � 9������.�,��_����� 'G��!�'��� � � � �.�,'�� f _ . �� ,�0 '��u !f?I��.� ��.� � _-���-�., l9 illy�� 'Z� �Iy;,�O�� � �,,.� I u�� i�Q
5 �
�
.��s�iu��n�.
Baard ot
�aznse Co rrzz� � �ozrr�m.r;s�ion er.�
.� .�
Presented Hy_ Coz�.zssioner Finlev Oate April 6. 1993 u�_ g3-Z7.5
Attention:
Budg�ting and Accountinq
Terzy Lindeke, Director, Intergovernmental Relations
Page 5 of 5
RESOLVED, The �aunty Board reqvests the assistance of the
members of th� Ramsey �ounty Legislativ� Del,egatian �•in drder to
enact fhese legislative proposals regarding TIF.
RAMSEY COIINTY BOARD OF COMMISSI0�1TER5
YF.�1 NAY OTHER
Diane Ahrens �bs�,nt
John Finley �_
Ruby HuT�.t _� Absent
Hal Norgard �
Taarrea Schaber �_
Brenda Thomas _�
Dick Wedell �r
8a1 Nargard, Chairman
Hy '� ,
0 7/f - i,r1l� nA
6 d 9��9�809�� 'OPI'� l�� l'Z5'i L l� � f b6 ,�Q 'y0 (I1H,�1 w�99-�cZ-Z l9 Zll�d 'ZS �Ib'��OY� � S�� I�I� i�C`?�
05iO4i94 a6:01 MOUNDS VIE�J PUBL -� 612 7B4 3462
�� �
� �" � /
�
0
�
To:
Fzom:
Subject;
Independent 5chool District No. 621
N0. 17B D02
Mounds �Iiew �'ublic S�hools
2959 NoAh Hamline Auenue � St, Paul, Minneaota � 55113 � phone (612} b36�3b50 � Fax (612} 636-3653
Dr. Burton M. Nygreh, $uperintendent
May 3, 1994
Ms. Samantha Orduno
City cl�rk-Administrator
Bux't N�'gren
Supeza.ntandent oi Schools
p�oposed Mou�nds View Ta��c Increment and
Development Di�trict Plans and Amendments
Wa ha've reviewed the Mounds view Economic Development Authorityos
(EDA) propasal to integrate and consoliclate its De�velopment
b�striC�P We understand the EDA wishes tn x�designate those
congalidated areas as the Mounds View �conomic Developm�nt Project.
The proposed amendments havE also been reviewed by our schaol
district of�icials.
I� is �he pasition of Mounds view Public S�hoo15 that your proposed
EnA ac�ions have merit and should sexve the future needs of your
city very we�,1.
Best wighes as you arid the Mou.nds Visw Cit� council. cpntinue to
str�ngthen and enhanoe �he econ4mic dev�lopment of your community.
/� , -�,
5ervin� tlie communitles af Arden Hllls � Mourds Vlew � r1eW $�g}�ton �]Yorth Oaks � Raseville � Shprevlew � Vadnak Helghts