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HomeMy WebLinkAbout05-25-2000 M:\MasterFiles\EDC Minutes-Resolutions\EDC Minutes\2000\05-25-00.doc Minutes of the Economic Development Commission City of Mounds View Ramsey County, Minnesota Regular Meeting May 25th, 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 7:35 a.m. by Chairperson Tom Field. 2. ROLL CALL: Members Present: Dr. Greg Belting, Cindy Carlson, Tom Field, Torri Johnson, Rosemary Goff, Sean Walther, and EDA Liaison Dan Coughlin. Members Absent: Wendy Marty Staff Present: Economic Development Coordinator Aaron Parrish 3. APPROVAL OF MINUTES: Motion/Second: Carlson/Goff moved to approve the minutes from April 27th, 2000. Motion Carried: 6 Ayes 0 Nays 4. SPECIAL BUSINESS A. Welcome New Commission Member Torri Johnson / Oath of Office Torri Johnson was welcomed to the Economic Development Commission as its newest Business Representative. Subsequently, Commissioner Johnson was given the Oath of Office by Chairperson Tom Field. 5. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Commissioner and EDA Liaison Reports Commissioner Tom Field updated the Commission on a recent Highway 10 Steering Committee meeting. He indicated that previous Highway 10 studies were discussed, along with various obstacles the community has faced. Additionally, he pointed out that the focus for the current planning process was to move toward implementation. B. NB~MV Chamber of Commerce Update Commissioner Greg Belting, Chair of the Board of Directors for the NB~MV Area Chamber of Commerce provided the Commission with information on the Chamber’s recent activities. Commissioner Belting indicated that the Chamber’s recent golf event was a success with over 80 golfers, and that the 2000 Business of the Year awards will be held next week. 6. EDC BUSINESS M:\MasterFiles\EDC Minutes-Resolutions\EDC Minutes\2000\05-25-00.doc A. Tax Increment Finance Policy Revisions After discussing revisions to the TIF policy from the previous meeting, a motion recommending the Economic Development Authority adopt the revisions to the tax increment finance policy was presented. Motion/Second: Carlson/Walther Motion Carried 6 ayes 0 nays B. Mermaid Hotel and Banquet Center TIF Application Economic Development Coordinator Parrish outlined the proposed project and the nature of the nature of the TIF request. After discussing the proposed request, a motion recommending the Economic Development Authority give preliminary approval of the Mermaid’s application for tax increment finance assistance was introduced: Motion/Second: Field/Carlson Motion Carried 6 ayes 0 nays C. Business Retention Visits After discussing the various facets of conducting business retention visits, the Commission decided to conduct visits after regularly scheduled meetings. To the extent possible, it was determined that the visits should be prioritized based current city issues and concerns expressed by businesses. 8. Adjournment There being no further business before the Commission, this meeting of the Economic Development Commission adjourned at 8:30 a.m. Respectfully Submitted, Aaron Parrish Economic Development Coordinator