HomeMy WebLinkAbout04-23-1998
Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
April 23, 1998
City of Mounds View, Conference Room C
2401 Highway 10, Mounds View, MN 55112
1. CALL TO ORDER:
The meeting was called to order at 7:36 a.m. by Chairperson, Cindy Carlson.
2. ROLL CALL:
Members present: Cindy Carlson, Ron Schmidt, Rosemary Goff, and Tom Field.
Members absent: Dan Nelson, Steve Larson, and Brian Sjoberg
EDA Liaison present: Roger Stigney
Staff present: City Administrator Chuck Whiting, Community Development Director
Rick Jopke, Housing Inspector Steve Dorgan, and Economic Development Coordinator
Kevin Carroll.
3. APPROVAL OF MINUTES:
Motion/Second: Field/Goff to approve the minutes from February 26, 1998 and
March 26, 1998.
Motion Carried 4 Ayes 0 Nays
4. SPECIAL BUSINESS
Chairperson Carlson introduced Kevin Carroll as the new Mounds View Economic
Development Coordinator. Economic Development Coordinator Carroll summarized
his background and experience in economic development as a City Council member
and Port Authority member for the City of Rosemount and as a Board Member of the
Dakota County Economic Development Partnership.
5. EDC BUSINESS
A. Consideration of Application to MHFA to Participate in the Community
Fix-up Program
Housing Inspector Dorgan summarized the MHFA Community Fix-up Fund Program
pointing out that participation in the program could expand the number of residents who
could qualify for the reduced interest MHFA home improvement loans. Under this program,
the annual adjusted household income limit would be increased from $49,000 to $69,920.
Dorgan explained that the program requires that the target areas be designated or that
APPROVED
certain age homes be targeted. Dorgan suggested that it would be appropriate to target
homes built before 1965 because there are no areas of the City where there are
concentrations of homes that need improvements. Over 50 % of the homes in the city
were built before 1965 and these homes show the greatest need for home improvement.
Dorgan stated that the staff recommended that the EDC pass Resolution No. 98-EDC-23
recommending EDA consideration to apply for the MHFA Community Fix-up Fund Program.
Housing Inspector Dorgan also highlighted the current status of the development of
a city sponsored home improvement loan program. Discussion followed concerning the need
for such a program, limited city resources, alternate program guidelines, and what income
limits should be used.
Motion/Second: Field/Goff to approve Resolution No. 98-EDC-23.
Motion Carried 4 Ayes 0 Nays
B. Home Improvement Fair
Housing Inspector Dorgan discussed the home improvement fairs and the
potential benefits to the community. Dorgan recommended approval of Resolution No.
98-EDC-22 recommending EDA consideration to appropriate $2500 of TIF funds to
develop a home improvement fair for the spring of 1999.
Motion/Second: Field/Goff to approve Resolution No. 98-EDC-23
Motion Carried 4 Ayes 0 Nays
C. Update of Proposal for Tax Increment Financing for Development of a
Hotel/Conference Center
Community Development Director Jopke summarized the current status of project
pointing out that the city staff is in the process of trying to refine the potential acquisition
and relocation costs to see if the project will work from an economic standpoint.
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 9:05 a.m.
Respectfully Submitted,
Rick Jopke
Community Development Director