HomeMy WebLinkAbout11-17-1994Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
November 17, 1994
City Hall
2401 Highway 10, Mounds View, MN 55112
Call to Order:
The meeting was called to order at 6:02 p.m. by Chairperson, Delane Welsch. Commissioner Nelson
volunteered to take the minutes for the meeting.
2. Roll Call:
Members present were as follows: Rosemary Goff, Dan Nelson, Delane Welsch, Mark Malone, Ron
Schmidt and Phil Seipp. In addition, Economic Development Coordinator Cathy Bennett was present.
Member Peg Mountin and EDA Liaison Gary Quick were not present.
Approval Of Minutes:
The following amendments were made to the October 27, 1994 minutes:
4. Special Business: Change motion from Pegg to Mountin.
5.C. EDC Business: line 3, "signage as a development issue should addressed"
Motion/Second:
October 27, 1994 as
amended.
Motion Carried
4. Special Business
Goff/Nelson moved approval of Minutes of EDC Meeting,
6 ayes0 nays
A. Presentation Reqardinq Process for Hotel Development in Vadnais Heights
Gerry Urban, City Administrator of Vadnais Heights, gave an overview on the 5 year process
the City of Vadnais Heights and the Economic Development Corporation have been through
to attract a hotel project. Mr. Urban stressed community and business involvement in the
process and suggested evaluating the need for a hotel by surveying the surrounding area
businesses. A two phase feasibility study was done for the project at a cost of approximately
$5,000 per phase. The City's EDA has committed TIF for the project and has purchased the
property.
Motion/Second: Seipp/Nelson moved to direct staff to draft questions and research the cost to
survey area businesses on the need for a hotel/conference center in Mounds View.
6 ayes 0 nays
Motion Carried.
EDC Business:
A. Remove Highway 10 Redevelopment Plan Vision and Action Steps from the Table.
Motion/Second: Schmidt/Malone to remove agenda item 5.a. from the table.
6 ayes0 nays
Motion Carried
Consideration of Highway 10 Redevelopment Plan Vision and Action Steps.
Motion/Second: Goff/Schmidt move to establish a subcommittee to review Highway 10
Redevelopment Plan Vision and Action Steps and appoint Mountin, Welsch and Schmidt to the
subcommittee.
6 ayes0 nays
Motion Carried
C. Discussion Regarding Financial Need of Mounds View Businesses and Structure of a
Business Assistance Program.
Coordinator Bennett gave a brief overview of the results of 69 surveys from the North Metro
Business Retention Program with regards to need for financing. It was reported that 41 % of
the 69 businesses placed a high to medium priority on additional capital to assist their
business.
Commissioner Malone mentioned that initially the program should be structured to assist
those businesses who are already in Mounds View. It was also suggested to provide a
program where the dollars invested are distributed among several businesses for a better
return both financially and from a public relations standpoint. Commission members
discussed several other guidelines taking into consideration the area business needs.
Motion/Second: Nelson/Welsch move staff to draft a business assistance plan for review
at the next meeting.
6 ayes0 nays
Motion Carried
D. Discussion of Relationship with Business Association
The commission directed staff to draft a resolution for review at the next meeting in support
of the Businesses Association.
E. Discussion of Tax Increment Financing Funds for Capital Projects.
Coordinator Bennett explained that the attached information was the estimated and
budgeted tax increment funds for 94 and 95. In addition, Bennett mentioned the most
recent developments which were funded through the use of tax increment financing.
There was no action on this item.
6. Reports From Chair and Commissioners:
Commissioner Schmidt brought forward the potential need for a secretary from City staff to take
the minutes of the meeting because the designated secretary is unable to participate in the
discussion of the items before the commission.
2
Coordinator Bennett mentioned that the designated secretary from the Commission was mostly
needed to record the motions and that notes regarding the discussions of the meetings and the
actual preparation of the minutes were currently being done by City staff.
Motion/Second: Schmidt/Malone to request a recording secretary for the EDC.
1 ayes5 nays
Motion Denied
Adjournment
There being no further business before the Commission, this meeting of the Economic Development
Commission adjourned at 8:24 p.m.
Respectfully Submitted,
Economic Develdpment Coordinator