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Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
September 28th, 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 Wendy Marty.
Members Absent: EDA Liaison Dan Coughlin
Staff Present: City Administrator Kathleen Miller, Economic Development Coordinator
Aaron Parrish, and Community Development Director Rick Jopke
3. APPROVAL OF MINUTES:
Motion/Second: Goff moved to approve the minutes for July 27th 2000.
Motion Carried: 7 Ayes 0 Nays
4. SPECIAL BUSINESS
Chair Field welcomed Mounds View’s new City Administrator Kathleen Miller. City Administrator
Miller and members of the Commission introduced themselves.
5. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON
A. Commissioner and EDA Liaison Reports
Chair Field opened for discussion the possibility of changing the meeting date to something
other than the 4th Thursday of the month. After evaluating possibilities, the following motion
was made:
Motion/Second: Carlson / Belting moved have the next EDC m eeting on Friday October, 27th at
7:30 am.
Motion Carried: 7 Ayes 0 Nays
Subsequent to the motion, the possibility of combining the November and December
meetings was discussed. The Commission agreed to evaluate this possibility at its next
meeting.
B. NB~MV Chamber of Commerce Update
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Commissioner Belting indicated that the Chamber will be sponsoring a “Business After
Hours” at Irondale High School on Thursday October 12, 2000. Commissioner Carlson
discussed the goals and objectives of the event, and stated that this will kick off a fundraiser
for Irondale High School to update equipment related to manufacturing careers.
C. Walgreens Approval
Coordinator Parrish told the Commission that Walgreens had been granted development
stage approval of their PUD application. He indicated that once the PUD application
received administrative approval and the final plat was finalized, the development could
begin construction.
D. Mermaid TIF Assistance and Development Review
Coordinator Parrish updated the Commission on the current status of the Mermaid
development. He indicated that the project would be reduced in scope due based on
financial constraints. Based on plans submitted to the City, the hotel will be reduced from 96
to 70 rooms. Portions of the Banquet Center will be reduced as well.
6. EDC BUSINESS
A. Annual Parcel Decertification
Coordinator Parrish indicated that Mounds View’s TIF policy requires an annual review of
parcels that could potentially be decertified from existing TIF districts. The Commission
discussed the fact that many potential projects, including Highway 10 redevelopment and
safety improvements could be accomplished with TIF dollars. After reviewing parcels in the
existing TIF districts, the following motion was made:
Motion/Second: Johnson / Carlson moved not to decertify any parcels from existing TIF districts.
Motion Carried: 7 Ayes 0 Nays
B. Pooled Funds Budgetary Recommendation
Coordinator Parrish indicated that the recently adopted TIF Policy requires the EDC to
evaluate the use of “pooled increment” on an annual basis. The following was presented as
a preliminary budget:
Account Description Program Proposed
Expenditure
7050 Capital / Real Estate Highway 10 Construction Improvements $50,000
7050 Capital / Real Estate Housing Rehab Program $160,000
7060 Business Loans Business Improvement Partnership Loans $25,000
TOTAL $235,000
After reviewing the budget prepared by staff, the following motion was made:
Motion/Second: Carlson/Goff moved to recommend the budget as presented to the EDA
Motion Carried: 7 Ayes 0 Nays
C. Additional Agenda Items
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Coordinator Parrish discussed two items that the EDA has referred to the EDC for review.
First, he indicated that the EDA would like the EDC to evaluate potential options for the use
of pre-1997 interest earnings. Second, Coordinator Parrish indicated that the EDA has
directed the EDC to update the 1986 Economic Development Plan.
7. Adjournment
There being no further business before the Commission, this meeting of the Economic
Development Commission adjourned at 8:35 a.m.
Respectfully Submitted,
Aaron Parrish
Economic Development Coordinator