HomeMy WebLinkAbout02-05-1996 _ UNAPFHO /ED
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3 PROCEEDINGS OF THE MOUNDS VIEW
4 ECONOMIC DEVELOPMENT AUTHORITY
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7 February 5, 1996
8 Mounds View City Hall
9 2401 Hwy, 10,Mounds View MN 55112
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13 CALLT °AMER _
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15 The Economic Development Authority was called to order by President Linke on
16 February 5, 1996 at 9:50 p.m.
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18 1QLL CALL
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20 MEWERS PRESENT: President, Jerry Linke; Vice President, Phyllis Blanchard;
21 Secretary, Julie Trude; Commissioners Gary Quick and Sue Hankner,Economic,
22Deelopment Coordinator, Cathy Bennett.
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24 QR ?RESENT: Paul Harrirgton, kiterim City Administrator
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26 ED4.BU$ SS:
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28 A. Consideration of of Resolution No: 96-EDA42.:Approving and Authorizing the
29 Execution of a Tax Increment Pledge Agreement Respecting Payment of Taxable
30 General Obligation TaxIncrement Refunding Bonds, Series 1996A and General
31 Obligation Tax Increment Refunding Bonds, Series 1996B of the City of Mounds .
32 View,Minnesota
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34 MOTION/SECOND: Trude/Quick to Adopt Resolution No. 95-EDA42 Approving and •
35 Authorizing the Execution of a Tax Increment Pledge Agreement Respecting Payment of
36 Taxable General"Obligation Tax Increment Refunding Bonds, Series 1996A and General
37 Obligation Tax Increment Refunding Bonds, Series 1996B of the City of Mounds View,
38 Minnesota.
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40 VOTE: 5 ayes 0 nays Motion Carried
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42 B. Consideration of Resolution No. 96-EDA38 Approving the Appointment of the
43 economic Development Authority O#finers
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1 MOTION/SECOND: Trude/Blanchard to Adopt Resolution No."95-EDA38 Approving
2 the Appointment of the Economic Development Authority Officers
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5 VOTE: 5 ayes 0 nays Motion Carried
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8 C. Consideration of Resolution No. 96-EDA39 Reappointing Members of the
9 Economic Development:Comjnission and Designating EDA Liaisons
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11 MOTION/SECOND: HanknerBlanchard.to Adopt Resolution No. 96-EDA39
12 Reappoiming Members of the Economic Development Commission and Designating EDA
13 Liaisons
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15 VOTE: , 5 ayes 0 nays ` Motion Carried
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18 . D. Consideration of Resolution No, 96-EDA40 Appointing a Resident and Business
19 Representative to" Serve As Members of the Economic Development.Commission
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21. MOTION/SECOND: Hankner/Trude to Adopt Resolution No; 96- A40 Appointing a. :,
22 Resident and Business Representative:to Serve As Members of the Economic " •
23 I)evelopment Commission -- , ...
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25 President Linke amended resolution to reflect Brian Sjoberg's term to expire
26 December 31, 1996 and Bev Tarhark's term to expire December 31, 1998.
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28 VOTE: 5-.ayes 0 nays _ Motion Carried ,:.
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' 31 E. Consideration of Resolution No. 96-EDA41 Approving the Appointments of the
32 Economic Development Comtrilssion Elected Chairperson
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34 MOTION/SECOND: BlancharcUHanlcner to Adopt Resolution:No..96-EDA41 Approving
" the Appointment of the Economic Development Commission Elected Chairperson
rson
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37 VOTE: S ayes 0 nays Motion-Carried
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39 ADIITIONAI1: M:
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41 F. . )iscussion of the EDA Purchasing the Bel-Rae Ballroom for Use as a
42 Community`Center
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• 1 MOTION/SECOND: Linke/Blanchard to Direct Staff to:
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3 1. Begin administrative steps towards the potential purchase of the Bel-Rae
4 Ballroom located at 5394 Edgewood,Drive, Mounds View,.MVhnnesota, by the City
5 . of Mounds View Economic Development Authority for use as a community
6 center, including at least the following steps: preparation of a feasibility study
7 which outlines potential uses, cost anal revenue projections, an inspection report,
8 an appraisal, a legal opinion on the use of excess tax increment financing funds or
9 other identified funding sources; and
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11 2. Contact the School District 621 regarding school district use of space in the BO-
12 Rae Ballroom; and .
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14 3. Contact other social service deliverers such as Northwest Youth and Family
15 Services and the Ramsey County Department of Public.Health for the purpose of
16 providing local residents with services through satellite offices at the Bel-Rae
17, Ballroom; and
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19 4. Prepare a proposal for EDA review at a regular meeting for the purchase of the
20 • Bel-Rae Ballroom. `building, lot, furnishings and fixtures at a not to exceed price of .
21 $750,000, excluding administrative costs, with the City of Mounds View
22 Economic Bevelopment Authority taking possession on a mutually agreed upon •
ill23 date on or about July 1, 199E for use`as.a community Center.
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"25 VOTE: • 4 ayes 1 nay Motion Carried
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27 REPORT
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29 Report of EPA Board Members:
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=:31 1. Report of President Linke: No report.
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331 2. Report of Vice President Blanchard: No report.
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35 3. Report of Secretary Trade: No report.
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37 4. Repoli of Cominissioncrs
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.39 a. Report of.Commissioner Quick: No report.
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41 =b. ep.ortof Commisasj ner ager: No report:
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43 5.. Report of Executive i3irector: No report.
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2 6. Report of Treasurer; No report.
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4 AD)O ,JRNM 1�T:
5 There being no Rhrther business before this Authority, President Linke adjourned the
6 meeting at 10:02 p.m.
8 Respectiiblly submitted,
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10 Cathy Bennett
11 Executive Director
12 Economic Development Authority •
13 City of Mounds View
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