HomeMy WebLinkAbout01-29-1998
Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
January 29, 1998
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, Cindy Carlson.
2. ROLL CALL:
Members present: Cindy Carlson, Rosemary Goff, Ron Schmidt, and Brian Sjoberg.
Members absent: Dan Nelson, Tom Field, and Steve Larson
EDA Liaison present: Roger Stigney
Staff present: City Administrator Chuck Whiting and Community Development Director Rick
Jopke
3. APPROVAL OF MINUTES:
Motion/Second: Goff/Schmidt to approve the minutes from November 20, 1997.
Motion Carried 4 Ayes 0 Nays
Motion/Second: Goff/Schmidt to approve the minutes from December 18, 1997.
Motion Carried 4 Ayes 0 Nays
4. SPECIAL BUSINESS
City Administer Chuck Whiting introduced the new EDA Liaison Roger Stigney and Community
Development Director Rick Jopke to the Commission. Whiting explained that Cathy Bennetts
former position is being changed from Economic Development Director to Economic
Development Coordinator and would be under the supervision of the Community Development
Director.
5. EDC BUSINESS
A. Consideration of Approval of the 1998 Work Plan
Chairperson Carlson reviewed the proposed Economic Development Commission 1998 Work
Plan including the mission statement and the action steps.
Motion/Second: Goff/Sjoberg to approve the 1998 Work Plan
Motion Carried 4 Ayes 0 Nays
APPROVED
B. Consideration of Proposal for Tax Increment Assistance for Development of a
Hotel/Conference Center
Community Development Director Jopke explained that this item was not yet ready for EDC
action. The project involves construction of a 185 room hotel and a 11,500 square foot banquet
center onto the existing Mermaid Supper Club facility. Jopke stated that various details of the project are
still being refined and negotiated. Jopke mentioned that he is in the process of getting proposals
from two relocation consultants to assist the City with the acquisition of parcels and the relocation
existing businesses.
C. Consideration of Proposal for Tax Increment Financing for Silverview Estates
This project involves the construction of a Holiday station store, two office buildings and a
senior housing project at the intersaction of Silver Lake Road and Highway 10. Jopke stated
that the citys financial consultant is reviewing the tax increment generated and the financial
needs of each component of the project.
D. Update on Design Theme
Community Development Director Jopke reported that the citys consultant, Hoisington Koegler
Group, had conducted the first of two workshops concerning the creation of a design theme for the
Highway 10 corridor. 12 of the 28 people invited attended. Jopke added that the consultant led the the
group through an exercize to identify important historical themes in Mounds View which could be
incorporated into a design theme for Highway 10. The consultant also showed the group
various design elements which have been used in other areas.
E. Discussion of Items to be Included in the Update of the Economic Development
Plan
The Commission reviewed varius elements which could be included in an updated Economic
Development Plan. The Economic Development Plan will be incorporated into the Citys
Comprehensive Plan. Discussion focused on chages that could be made to the business loan
program to make it more effective. Suggested changes included:
1. Make both new and existing businesses eligible for the program.
2. Clarify that home-based businesses are not eligible for the program.
3. Clarify that the applicant must meet bank eligibility and underwriting criteria.
4. Add language to require that the activities should provide a direct visible overall benefit to
the City.
5. Add language that the City reserves the right to to evaluate the credit-worthiness of the
applicant and whether the proposed activities would meet the Citys goals for the program.
In addition to the above changes staff will discuss with the city attorney whether equal
opportunity and non-discriminatory language as well as language concerning tax increment
eligibility should be added.
Staff will draft proposed changes for EDC consideration at a future meeting.
6. REPORTS FROM CHAIR, COMMISSIONERS, AND STAFF:
None
7. ADJOURNMENT
There being no further business before the Commission, this meeting of the Economic
Development Commission adjourned at 9:15 a.m.
Respectfully Submitted,
Rick Jopke
Community Development Director