HomeMy WebLinkAbout05-09-1994 I
PROCEEDINGS OF THE MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY
Third Meeting
May 9, 1994
APPRovEnMounds View City Hall
2401 Hwy. 10, Mounds View, MN 55112
CALL TO ORDER
The Economic Development Authority was called to order by President Linke
on May 9 , 1994 at 9 : 30 p.m.
ROLL CALL
MEMBERS PRESENT: President, Jerry Linke; Vice President, Phyllis
Blanchard; Secretary, Diane Wuori; Commissioners Gary Quick and Julie
Trude; Executive Director, Samantha Orduno; and Clerk, Michele Severson
MEMBERS ABSENT: None
APPROVAL OF AGENDA:
• MOTION/SECOND: Trude/Blanchard to Approve EDA Agenda
VOTE: 5 ayes 0 nays Motion Carried
APPROVAL OF MINUTES :
MOTION/SECOND: Quick/Blanchard to Approve Minutes of EDA Meeting,
April 25 , 1994
VOTE: 5 ayes 0 nays Motion Carried
PUBLIC HEARING
To consider EDA Resolution No. 94-EDA3 Approving Economic Development
Project and Tax Increment Financing Amendments
President Linke opened the public hearing at 9 : 33 p.m.
Samantha Orduno, Executive Director, reported that Resolution No. EDA-3
gives formal approval for the consolidation of the EDA' s three Economic
Development Districts into one project area. Orduno reported that the
Ramsey County Commission responded in writing and the Mounds View
Planning Commission and the Mounds View School District are in support of
this resolution. Orduno explained that state law requires that all
• public entities are notified of the pending action and provide written
comment.
no n
VunuvED
EDA Page 40
Third Meeting May 9, 1
Mayor Linke closed the public hearing at 9 : 35 p.m.
MOTION/SECOND: Blanchard/Trude to Adopt Resolution No. 94-EDA3 Approving
Economic Development Project and Tax Increment Financing Amendments
VOTE: 5 ayes 0 nays Motion Carried
EDA BUSINESS
A. Consideration of Setting a Meeting of the EDA for Monday,
May 23 , 1994 , Directly Following the Mounds View City Council
Meeting
MOTION/SECOND: Wuori/Trude to Set a Meeting of the EDA for Monday,
May 23 , 1994 , Directly Following the Mounds View City Council
Meeting
VOTE: 5 ayes 0 nays Motion Carried
REPORTS
1 . Report of President Linke: No report.
2 . Report of Vice President Blanchard: No report. •
3 . Report of Secretary Wuori : No report.
4 . a . Report of Commissioner Quick: No report.
b. Report of Commissioner Trude: No report.
5 . Report of Executive Director Orduno:
Orduno reported that the Park Dedication Fee issue was discussed at
the EDA Work Session regarding Multi Tech and C. G. Hill
Properties. Staff requests that EDA authorize an appraisal of the
properties in question to obtain fair market values on which to base
park dedication fees that could be included in the Development
Agreement at a cost not to exceed $5 , 000 .
MOTION/SECOND: Linke/Wuori Authorizes Staff to Obtain Immediate
Fair Market Value Appraisals of the Multi Tech and C. G. Hill
Properties at the Lowest Possible Cost
VOTE: 5 ayes 0 nays Motion Carried
Councilmember Trude asked who would pay for these appraisals.
Orduno reported that this would come from the TIF fees. •
411 ANTI
EDA Page Three
Third Meeting May 9, 1994
Scott Wiley, Multi Tech thought that maybe by the end of next week
some discussions would be completed.
6 . Report of Treasurer Brager: No report.
Brager reported that he was in consultation with the City's bond
attorney about the impact, if any, with regards to the pooling of
the districts. The attorney said there would be no impact because
of previous bond agreements that the City has entered into which
require that the City keeps the accounting separate for each
district until the bonds are paid off.
7 . Report of Attorney: No report.
Mayor Linke mentioned that there is a 6: 00 EDA Work Session scheduled for
Monday, May 23 , 1994 .
ADJOURNMENT
There being no further business before this EDA, President Linke
40 adjourned the meeting at 9 : 40 p.m.
Respectfully submitted,
Michele Severson
Clerk
•