HomeMy WebLinkAbout03-23-1995Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
March 23, 1995
City Hall
2401 Highway 10, Mounds View, MN 55112
Call to Order:
The meeting was called to order at 6:05 p.m. by Chairperson, Phil Seipp.
2. Roll Call:
Members present were as follows: Mark Malone, Dan Nelson, Ron Schmidt, Delane Welsch and Phil
Seipp. In addition, EDA Liaison Sue Hankner and Economic Development Coordinator Cathy Bennett
were present. Members Peg Mountin and Rosemary Goff were absent.
3.
Q
Approval Of Minutes:
Motion/Second: Welsch/Nelson moved approval of amended Minutes of EDC Meetings,
January 26 and February 23, 1995
5 ayes 0 nays
Motion Carried
Special Business
A. Presentation of Mounds View Housino Study
Jennifer Bergman, City of Mounds View Housing Intern, gave a brief overview of the findings
and conclusions of the Mounds View housing study for the Commission. In particular, Jennifer
noted the funding mechanisms and the potential use of Tax Increment Financing funds to
begin a housing loan program. The program could essentially be set up similar to the business
loan program whereby the City participates in a portion of the loan at a reduced interest rate
and the bank matches the City's portion at conventional rate. Program proposals will be
brought back to the Commission at a later date.
5. EDC Business:
A. Discuss Procedures for Commission Member Involvement in Business Retention Calls
Coordinator Bennett outlined the importance of continuing a retention program to meet with
those companies that were unable to participate in the North Metro Business Retention and
Expansion Program. In addition, Coordinator Bennett noted that there are a couple of new
companies and a few at risk companies that may be leaving Mounds View that should be
contacted.
Coordinator Bennett distributed a list of businesses that were not covered under the survey
process. It was recommended to try and meet with 5 companies per month. Each Commission
Member was asked to designate 2-3 dates in April that would be convenient to meet with the
businesses and Coordinator Bennett would arrange the meetings.
Coordinator Bennett would also draft a brief questionnaire to use in the meeting.
B. Discussion of Strategies to address findings of the North Metro Business Retention and
Expansion Survey (BRE).
Coordinator Bennett presented Part I summary results of the BRE survey for the commission's
review. The EDC will be responsible for making recommended action steps EDA in response to
the findings of the survey process. There was discussion regarding the presentation of the
results to the business community. Staff was directed to arrange a reception for the business
community to unveil the results of the program and action steps adopted by the EDA.
Chairman Phil Seipp offered to host the reception at SYSCO.
The EDC will review the survey results in their entirety at the next meeting and make
recommendations to the EDA at the June work session with the reception to be scheduled later
in June.
Reports From Chair, Commissioners and Staff:
There were no reports
Adjournment
There being no further business before the Commission, this meeting of the Economic Development
Commission adjourned at 7:30 p.m.
Res ectfully Submitted,
A-Mgff�--'-
7Ec omic Deve p ent Coordinator
2