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HomeMy WebLinkAbout10-22-1998 Minutes of the Economic Development Commission City of Mounds View Ramsey County, Minnesota Regular Meeting October 22, 1998 City of Mounds View, Conference Room 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: The meeting was called to order at 7:45 a.m. by Chairperson Cindy Carlson. 2. ROLL CALL: Members present: Cindy Carlson, Tom Field, Brian Sjoberg, Sean Walther, EDA Liason Roger Stigney; Wendy Marty participated by telephone conference call. Members absent: Ron Schmidt, Rosemary Goff Staff present: Economic Development Coordinator Kevin Carroll, Community Development Director Rick Jopke 3. APPROVAL OF MINUTES: Motion/Second: Field/Walther to approve the minutes from August 27, 1998. Motion carried unanimously. 4. SPECIAL BUSINESS None. 5. EDC BUSINESS -- A. Update on Mermaid Hotel & Banquet Center Economic Development Coordinator Kevin Carroll and Community Development Director Rick Jopke provided the EDC members with a progress report regarding the Mermaid project, particularly with respect to negotiations regarding a possible Metro Transit park & ride facility, preliminary Environmental Site Assessment results, and the City’s application for a DTED Redevelopment Grant B. Comprehensive Guide Plan (Economic Development section) Kevin Carroll led a preliminary discussion regarding economic development goals and directions. It was generally agreed that while the City needs to continue devoting some attention to business attraction, the relatively small number of parcels available for development makes it prudent to begin devoting more time and APPROVED 2 attention to business retention and expansion. Actively Αmarketing≅ a handful of relatively small, privately-owned parcels that will eventually be purchased and developed anyway was not seen as a cost-effective or necessary endeavor. The consensus was to have City staff devote about 25% of its time to attracting new businesses and 75% of its time to retaining new businesses and helping them expand in Mounds View. Activities in the retention/expansion category would include such things as the Business Improvement Partnership loan program, the initiation and maintenance of the Business E-Mail Hotline, articles about local businesses in Mounds View matters and other publications, continued active participation in Chamber of Commerce committees and programs, and the coordination of multi- party redevelopment proposals. It was also agreed that the City should work to develop informal partnerships with other organizations having direct or indirect interests in economic development. For example, workforce development has become one of the biggest local business issues, and it was suggested that the City should try to work more closely with the school district and with Mounds View area businesses to help make certain that high school and technical college students are getting the kinds of training that they will needed to work for local companies. It was agreed that this initial discussion of economic development issues and priorities would be continued at the next EDC meeting, in connection with the anticipated review of all or a portion of a preliminary draft of the economic development section of the updated Comprehensive Guide Plan. 6. REPORTS FROM CHAIR, COMMISSIONERS, AND STAFF: Housing Inspector Steve Dorgan distributed a Memo and updated the EDC on the progress and status of the proposed Subsidized Home Improvement Loan Program. Attempts are being made to identify new funding sources, inasmuch as there is some question regarding the legality or propriety of using TIF funds to subsidize interest rates. 7. ADJOURNMENT There being no further business before the Commission, this meeting of the Economic Development Commission adjourned at approximately 9:11 a.m. Respectfully Submitted, Kevin Carroll Economic Development Coordinator