HomeMy WebLinkAbout04-22-1999
Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota
Regular Meeting
April 22, 1999
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 7:41 a.m. by Chairperson Cindy Carlson.
2. ROLL CALL:
Members present: Cindy Carlson, Tom Field, Sean Walther, Julie Olsen, Wendy
Marty, EDA Liaison Lynn Thomason.
Members absent: Jerry Kahn.
Staff present: Economic Development Coordinator Kevin Carroll, Community
Development Director Rick Jopke.
Guest present: Carol Frey, President, New Brighton-Mounds View Chamber of
Commerce.
3. APPROVAL OF MINUTES:
Motion/Second: Walther/Field to approve the minutes from March 23 and March 25,
199, with the understanding that the ΑRegular Meeting≅ reference on the March
23rd minutes will be changed to ΑSpecial Meeting.≅
Motion Carried 6 Ayes 0 Nays
4. SPECIAL BUSINESS
Economic Development Coordinator Kevin Carroll, EDC Chair Cindy Carlson, and
EDC Commissioner Tom Field introduced their daughters, who were attending the
meeting in connection with Take Your Daughter to Work Day.
5. EDC BUSINESS
A. Building and Development Assistance Agreement
Economic Development Coordinator Kevin Carroll and Community Development
Director Rick Jopke provided the EDC members with a progress report regarding the
ongoing negotiations/discussions with Everest Development concerning the Building
ΑN≅ site. EDA members still have some concerns regarding the amount of TIF
assistance, the contractual interest rate, the length of the term over which TIF
assistance would be paid, and the uncertainty regarding the number of new jobs that
will be created and the identity of the prospective tenant(s). Everest’s position
2
seems to be that the terms included in the latest draft of the unsigned Development
Assistance Agreement are non-negotiable at this stage. Attorneys have become
involved on both sides, and Everest has indicated a willingness to initiate litigation
if necessary. Nevertheless, negotiations will continue in the hope that mutually
acceptable compromises can eventually be achieved.
B. Comprehensive Guide Plan -- Economic Development Section
Given the time that the EDC devoted to the Building ΑN≅ issue and the other matters
on the agenda, insufficient time remained to finalize the format of the ED Section of
the Comprehensive Guide Plan. EDC Chair Cindy Carlson recommended that EDC
members annotate their respective copies of the Αworking draft≅ of the ED Section
so that they are prepared to discuss their questions, suggestions and/or proposed
revisions at the next meeting on May 27th. Specific issues that were preliminarily
identified included amending the Αnew residential housing project≅ references to
simply Αresidential housing;≅ moving the TIF paragraph that is currently in Part I
[Community Economic Goals] to Part II [Financial Incentives]; revising the caption
of Part III by eliminating the reference to ΑDisincentives≅ and possibly substituting
ΑExisting [or Current] Economic Conditions;≅ including references to mass transit
and affordable housing; possibly moving the recaptioned Part III to an attachment or
exhibit, or eliminating it entirely from the ED Section of the Comprehensive Guide
Plan and incorporating it into a Αshorter term≅ EDC work plan or some similar type
of document; adding [to Part IV] a reference to the willingness or ability of the EDC
and/or others to market Mounds View as a potential business location; and
substituting Αbullets≅ for the paragraph numbers in Section V to lessen the
impression that some of the identified priorities are significantly more important
than others.
6. ADJOURNMENT
There being no further business before the Commission, this meeting of the
Economic Development Commission adjourned at approximately 9:12 a.m.
Respectfully Submitted,
Kevin Carroll
Economic Development Coordinator