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Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
April 27th, 2000
City of Mounds View, Council Chambers
2401 Highway 10, Mounds View, MN 55112
1. CALL TO ORDER:
The meeting was called to order at 7:37 a.m. by Chairperson Tom Field.
2. ROLL CALL:
Members Present: Dr. Greg Belting, Cindy Carlson, Tom Field, Rosemary Goff, and EDA Liaison
Dan Coughlin.
Members Absent: Wendy Marty and Sean Walther
Staff Present: Economic Development Coordinator Aaron Parrish and Community Development
Director Rick Jopke.
3. APPROVAL OF MINUTES:
Motion/Second: Goff/Carlson moved to approve the minutes from February 24th, 2000.
Motion Carried: 4 Ayes 0 Nays
4. SPECIAL BUSINESS
A. Election of Vice President
Motion/Second: Carlson/Belting nominated Commissioner Rosemary Goff for the position of
Vice President
Motion Carried 4 ayes 0 nays
5. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Commissioner and EDA Liaison Reports
EDA Liaison Dan Coughlin indicated that the EDA anticipated appointing a new commission
member at the May 8th meeting.
B. NB~MV Chamber of Commerce Update
Carol Frey, President of the NB~MV Area Chamber of Commerce provided the Commission
with information on the Chamber’s recent activities. President Frey indicated that the
Chamber is currently planning a golf tournament, preparing for the annual “Business of the
Year” awards, and arranging the Chamber’s Gala event.
C. NB~MV Chamber of Commerce Charitable Giving Request
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Coordinator Parrish discussed a grant request submitted to the NB~MV Area Chamber of
Commerce. The request was for $3500 and includes funding for an intern and economic
development marketing materials.
D. Highway 10 Issues
Director Jopke informed the Commission of an upcoming study regarding Highway 10. The
study will be conducted by Springsted Public Finance Advisors and will incorporate previous
studies, address potential financing options, and highlight action steps. Director Jopke
indicated that a subcommittee comprised of city commissions, local business
representatives, and other members of the community will meet on May 10th or 11th.
E. Project Updates
Coordinator Parrish updated the Commission on the Mermaid Hotel and Banquet Center
and Walgreens developments. He indicated that the Mermaid had recently acquired an
adjacent parcel of property, and has an option on an additional parcel of property. With
regards to Walgreens, Coordinator Parrish indicated that preliminary plans have been
received that incorporates a restaurant.
F. May 15th Business Lunch
EDA Liaison Coughlin announced that he will be holding a business luncheon in conjunction
with the NB~MV Chamber of Commerce on May 15th, at 12:00 p.m. in Council Chambers.
6. EDC BUSINESS
A. Options for 2901 Highway 10
Based on a request at a previous EDC meeting and direction from the EDA, Coordinator
Parrish highlighted three potential options to address the current condition of 2901 Highway
10. Options presented included purchasing the property, active code enforcement, and
demolition assistance. After discussing the aforementioned options, a motion was made to
recommend the provision of demolition assistance for 2901 Highway 10 to the EDA:
Motion/Second: Goff/Carlson
Motion Carried 4 ayes 0 nays
B. Tax Increment Finance Policy Revisions
After reviewing the Tax Increment Finance policy as presented, the following modifications
were suggested:
1. Commissioner Goff and Carlson suggested that the EDC and EDA be incorporated into
item 3 of “Pooled Funds’ section to further define who decides on future development
needs.
2. Commissioner Carlson suggested adding an item number 4 to the “Pooled Funds”
section. It was suggested that this additional item further define the EDC’s role in relation
to the return of pooled increment to the respective taxing jurisdictions. More specifically,
the EDC would review any proposed return of pooled increment.
3. Regarding “Parcel Decertification,” EDA Liaison Dan Coughlin suggested that an item 3
be added to further define the EDC’s role in relation to the decertification of particular
parcels within existing tax increment finance districts. More specifically, the EDC would
review any proposed parcel decertification.
4. Chairperson Tom Field addressed the need for a section discussing the establishment of
new tax increment finance districts.
5. Director Jopke proposed additions to “Attachment A: Application for TIF Assistance” to
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reflect the use TIF as it relates to housing.
6. Commissioner Carlson commented that an “other” category would be useful in Sources
and Uses section of “Attachment A: Application for TIF Assistance.”
7. With regard to the Additional Documentation section of “Attachment A: Application for TIF
Assistance,” Chairperson Tom Field indicated that financial statements for three years, as
opposed to two years would provide additional trend data useful for the evaluation of TIF
assistance.
8. With regard to the Additional Documentation section of “Attachment A: Application for TIF
Assistance,” Commissioner Carlson suggested adding a line “J” giving the applicant an
opportunity to provide additional information.
8. Adjournment
There being no further business before the Commission, this meeting of the Economic
Development Commission adjourned at 8:50 a.m.
Respectfully Submitted,
Aaron Parrish
Economic Development Coordinator