HomeMy WebLinkAbout08-11-1997 • PROCEEDINGS OF THE MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY
Meeting No.40
August 11, 1997
Mounds View City Hall
2401 Hwy. 10,Mounds View MN 55112
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CALL TO ORDER
The Economic Development Authority was called to order by Vice-President Koopmeiners at 9:06 p.m.on
August 11, 1997.
ROLL CALL
MEMBERS PRESENT: Julie Trude,Gary Quick,Roger Stigney,Roger Koopmeiners, Clerk Administrator
Chuck Whiting,and City Attorney Scott Riggs
MEMBERS ABSENT: Duane McCarty
OTHERS PRESENT: None
APPROVAL OF AGENDA:
• Commissioner Trude asked that Agenda be amended to add Discussion about the use of Tax Increment
Financing for Housing.
MOTION/SECOND: Quick/Trude to Approve the Agenda as amended.
VOTE: 4 ayes 0 nays Motion Carried
APPROVAL OF MINUTES:
There were no minutes for approval consideration.
CONSENT AGENDA:
None
PUBLIC HEARINGS:
None
EDA BUSINESS:
Consideration of Approving an Exclusive Negotiation Agreement by and between the Mounds View Economic
Development Authority,City of Mounds View and Anthony Properties.
MOTION/SECOND: Quick/Koopmeiners to table Approval of the Exclusive Negotiations Agreement by and
between the Mounds View Economic Development Authority,City of Mounds View and Anthony Properties.
• VOTE: 2 ayes 2 nays(Trude/Stigney) Motion Fails
EDA Meeting#41
August 11, 1997
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Commissioner Trude stated she feels more time needs to be spent looking at alternative uses for the site that is
being looked at for multi-family housing and if that project appears to be going forward,she feels the city
should complete a thorough check on all of the projects that the developer was involved in at other areas. She
believes time needs to be spent on that project before the city starts considering other projects
proposed for the soccer field site.
MOTION/SECOND: Quick/Koopmeiners to Approve the Exclusive Negotiations Agreement by and between
the Mounds View Economic Development Authority,City of Mounds view and Anthony Properties.
VOTE: 2 ayes 2 nays(Trude/Stigney) Motion Fails
Discussion on the use of Tax Increment Financing for Multi-Family Housing in Mounds View.
Commissioner Trude noted that within the next few weeks,the city will be looking at using tax increment funds
for multi-family housing. She feels that the city has always looked at the use of TIF funds as a way to improve
the community's tax base. The legislature has begun limiting the use of TIF funds and there is a big emphasis
on looking for projects that create jobs and increase the tax base. She thinks the council should consider what
the ramifications are of using excess TIF funds for projects such as multi-family housing.
MOTION/SECOND: Trude/Stigney to limit the use of tax increment funds for multi-family housing projects
• in Mounds View.
VOTE: 2 ayes 2 nays(Quick/Koopmeiners) Motion Fails
REPORTS:
Report of EDA Board Members:
Report of President McCarty: No report.
Report of Vice President Koopmeiners: No report.
Report of Secretary Trude: No report.
Report of Commissioners:
Commissioner Quick: No report.
Commissioner Stigney: No report.
Report of Executive Director: No report.
Report of Treasurer: No report.
Report of Attorney: No report.
• The August 11, 1997 meeting of the EDA was adjourned at 9:09 p.m.
Respectfully submitted,
0 EDA Meeting#41
August 11, 1997
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Tamara D. Saefke
Recording Secretary
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