HomeMy WebLinkAbout03-09-1998 PROCEEDINGS OF THE MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY
Meeting No. 52
March 9, 1998
Mounds View City Hall
2401 Hwy. 10,Mounds View MN 55112
CALL TO ORDER
The Economic Development Authority was called to order by President McCarty at 9:45 p.m. on March 9,
1998.
ROLL CALL
MEMBERS PRESENT: Duane McCarty, Sherry Gunn,Gary Quick,Roger Stigney,Roger Koopmeiners,
Clerk Administrator Chuck Whiting,Community Development Director Rick Jopke, and City Attorney
Scott Riggs.
OTHERS PRESENT: None
1. AGENDA ADDITIONS:
None.
• 2. APPROVAL OF MINUTES:
February 23, 1998-EDA Meeting Minutes
MOTION/SECOND: Koopmeiners/Stigney to approve the minutes of the EDA Meeting on February 23,
1998 as presented in writing.
VOTE: 5 ayes 0 nays Motion Carried
3. SPECIAL ORDER OF BUSINESS:
None.
4. CONSENT AGENDA:
S. COMMISSION BUSINESS:
A. Consideration of Resolution No. 98-EDA83 Approving Amendments to the Housing Replacement
Program.
MOTION/SECOND: Stigney/Quick to Approve Resolution No. 98-EDA83,Approving Amendments to
the Housing Replacement Program.
VOTE: 5 ayes 0 nays Motion Carried
B. Consideration of Resolution NO.98-EDA86,Approving Tax Increment Assistance and
Authorizing the Negotiation of a Development Assistance Agreement with the Silverview Estates,Inc.
• EDA Meeting#52
March 9, 1998
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Mr.Jopke,Community Development Director,explained that Silverview Estates,Inc.is requesting tax
increment assistance in the amount of$1,070,000 to help fmance their project on the southeast corner of
Silver Lake Road and Highway 10. He noted that the proposal is consistent with the city's tax increment
policy and it is staff's recommendation that Resolution No.98-EDA86 be approved.
MOTION/SECOND: Koopmeiners/Quick to approve Resolution No. 98-EDA86,Approving Tax
Increment Assistance and Authorizing the Negotiation of a Development Assistance Agreement with the
Silverview Estates,Inc.
VOTE: 5 ayes 0 nays Motion Carried
6. REPORTS:
Report of EDA Board Members:
Report of President McCarty: No report.
Report of Vice President Koopmeiners: 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.
7. ADJOURNMENT:
MOTION/SECOND:Koopmeiners/Quick to adjourn the meeting at 9:55 p.m.
VOTE: 5 ayes 0 nays Motion Carried
Respectfully submitted,
Tamara D. Saefke
Recording Secretary
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EDA Meeting#52
110 March 9, 1998
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