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HomeMy WebLinkAbout01-26-1995 ECONOMIC DEVELOPMENT COMMISSION AGENDA • JANUARY 26, 1995 6:00 P.M. MOUNDS VIEW CITY HALL COUNCIL CHAMBERS 1. CALL TO ORDER Li •01 P.M. 2. ROLL CALL (Present = P, Absent = A Goff / Schmidt dam' Malone V Seipp Mountin r/ Welsch Nelson V ,Hankner (EDA Liaison) V Bennett (Staff) • 3. APPROVE EDC MINUTES • December 14, 1994 p Action: Motion Second It) Vote to —CI 4. SPECIAL BUSINESS A. Presentation Regarding Preliminary Hotel Development roki 1(/0"4 Charlie Hall, Mermaid Supper Club (5 AA' 4'1' 5. EDC BUSINESS A. Election of 1995 Chairpp r�nd Vice Chairperson • ` refrr Action: Motion D Eck ,1. Second D" 26. plij Vote 6 Comments: S - B. Consideration of Resolution No. 95-EDC4 Accepting 1995 Bylaws Awe Action: Motion SG ',.J • Second IV Vote (9 ,..__D Comments: C. Consideration of Resolution No. 95-EDC5 Accepting ' the 1995 Calendar of EDC Meetings Action: Motion ISG Second QS Vote to --e v Comments: D. Consideration of 1995 EDC Work Plan �c Action: Motion 11(114fin"' Second ��s \S Vote (! f7 Comments: • _E. Consideration of Resolution No. 95-EDC6 Approving the Highway 10 Vision agatilleigliips-- Action: Motion Second "fyt _ 15 Vote t J Comments: J F. Consideration of Resolution No. 94-EDC4, Supporting the City of Mounds View Application for Economic Recovery Grant on behalf of Dynex Industries. Action: Motion PA) .5 �}J- S Second \%-e AD Comments: P 6. OTHER BUSINESS 0 ♦ Presentation of Business As ' nce Program to EDA - February,6, 1995 6 7. ADJOURN P.M. Next Meeting February 23, 1995 10 � ECONOMIC DEVELOPMENT COMMISSION AGENDA JANUARY 26, 1995 6:00 P.M. MOUNDS VIEW CITY HALL COUNCIL CHAMBERS '4,944?).* ***fix; 1. CALL TO ORDER P.M. 2. ROLL CALL (Present = P, Absent = A) Goff Schmidt Malone Seipp Mountin Welsch Nelson Hankner (EDA Liaison) Bennett (Staff) 3. APPROVE EDC MINUTES 1110 December 14, 1994 Action: Motion Second Vote 4. SPECIAL BUSINESS A. Presentation Regarding Preliminary Hotel Development Charlie Hall, Mermaid Supper Club 5. EDC BUSINESS A. Election of 1995 Chairperson and Vice Chairperson Action: Motion Second Vote Comments: B. Consideration of Resolution No. 95-EDC4 Accepting 1995 Bylaws Action: Motion Second Vote Comments: • C. Consideration of Resolution No. 95-EDC5 Accepting the 1995 Calendar of EDC Meetings Action: Motion Second Vote Comments: D. Consideration of 1995 EDC Work Plan Action: Motion Second Vote Comments: E. Consideration of Resolution No. 95-EDC6 Approving the Highway 10 Vision and Action Steps Action: Motion Second Vote Comments: F. Consideration of Resolution No. 94-EDC4, Supporting the City of Mounds View Application for Economic Recovery Grant on behalf of Dynex Industries. Action: Motion Second Vote Comments: 6. OTHER BUSINESS • Presentation of Business Assistance Program to EDA - February 6, 1995 7. ADJOURN P.M. Next Meeting February 23, 1995 Minutes of the Economic Development Commission City of Mounds View • Ramsey County, Minnesota Regular Meeting December 17, 1994 NbWPRO\ ED City Hall 2401 Highway 10, Mounds View, MN 55112 1. Call to Order: The meeting was called to order at 6:30 p.m. by Vice-Chairperson, Ron Schmidt. 2. Roll Call: Members present were as follows: Mark Malone, Peg Mountin, Dan Nelson, Ron Schmidt and Phil Seipp. In addition, EDA Liaison Gary Quick and Economic Development Coordinator Cathy Bennett were present. Members Rosemary Goff and Delane Welsch were not present. 3. Approval Of Minutes: Motion/Second: Nelson/Malone moved approval of Minutes of EDC Meeting, November 17, 1994. Motion Carried 4 ayes 0 nays 4. Special Business A. Presentation Regarding Proposed Expansion of Dynex Industries Brian Sjoberg, Secretary/Treasurer of Dynex Industries located on Mustang Drive in Mounds View gave an overview of their proposed expansion. Dynex is fully developed at 25,000 sq.ft currently and would like to expand by 50,000 sq.ft. Dynex would initially occupy 15,000 sq.ft. of their expanded space and lease the remaining with plans to expand into those areas in the future. The expansion would consolidate their other Twin Cities locations into one corporate headquarters facility in Mounds View with a total of 70 employees initially. Dynex has approached the City for financial assistance. Since Dynex is not located in a current TIF district, a typical development agreement would not be feasible. It was recommended by staff that the City apply for an Economic Recovery Grant to provide Dynex with a low interest loan. The grant amount would be for the maximum $500,000. Coordinator Bennett mentioned that the City applied for the same grant for Wolf& Associates. At that time there were no State funds available. Commissioner Malone suggested that staff contact Wolf&Associates to see if they were still interested in applying for the grant as well. Coordinator Bennett said that the City is not restricted to applying for only one company but that only one grant per fiscal year is eligible to be awarded to a City. Vice Chair Schmidt noted that Dynex has been an excellent corporate citizen and taking measures to support their expansion is very valuable to the community. Motion/Second: Nelson/Malone moved to direct staff to pursue and facilitate applications for 1111 Economic Recovery Grant for Dynex Industries and Wolf&Associates. 4 ayes 0 nays Motion Carried. 1 UNAPPR VE0 5. EDC Business: A. Consider Draft Business Assistance Program for Existing Businesses in the • City of Mounds View. Coordinator Bennett presented an outline of the Business Loan Program discussed at the November meeting. The outline presents goals, eligibility requirements, qualified improvements, terms of the loan interest rate and how to apply. The key element of the program are for exterior and interior improvements geared toward existing businesses in Mounds View. Commissioner Malone noted that the EDA should consider a program that is community oriented with a break-even philosophy. This would be a business friendly program that encourages improvement to property for the betterment of the entire community. Motion/Second: Malone/Mountin to approve the draft Business Loan Program with the following amendments. Eligibility Requirements - Existing MV business - at least two years Delete sales amount under small business Qualified Credit History- Loan "request package required Interest Rate: Change to "City Participate at 50% of the total loan request at a below market interest rate." 5 ayes 0 nays Motion Carried B. Consideration of Resolution No. 94-EDC3 in Support of the Mounds View Business Association. Motion/Second: Nelson/Mountin move to table resolution No. 94-EDC3. 5 ayes 0 nays • Motion Carried C. Consideration of the Economic Opportunities of Purchasing Blighted or Non-Conforminq Parcels of Property in the City of Mounds View. Coordinator Bennett noted that there were several vacant properties in Mounds View that have the potential for redevelopment. Commissioner Mountin feels it is important to discuss the pros and cons for the City of proactively purchasing property that may be in a potential redevelopment area. The basic premise is to purchase the property when it is for sale rather than wait until the property is occupied. Once property is occupied, relocation costs would need to be incurred and it can become very expensive. There was discussion regarding property along Old Highway 8 and the development opportunity in this area. The commission directed staff to gather research with regards to redevelopment in the area and contact other Cities who may have implemented a similar strategy. Motion/Second: Nelson/Seipp move staff to research the redevelopment opportunity for property along Highway 8. 5 ayes 0 nays Motion Carried 1111 2 UNAPPR OW D . ,..... - D. Discussion of Draft Hotel Development Survey Coordinator Bennett presented a survey which Vadnais Heights send to business leaders al when evaluating the options for a hotel development. Coordinator Bennett discussed minor changes to the survey and said Mounds View's survey would be mailed to a total of 500-600 companies in the Cities of Blaine, New Brighton, Arden Hills and Mounds View. This will be approximately 500-600 companies. Commissioner Seipp noted that a cover letter should accompany the survey explaining the purpose of the information. Commissioner Mountin suggested to add a question with regards to amenities at the hotel\conference center. Coordinator Bennett noted that postage\paper and cost for the labels would be taken out of the Economic Development budget and is estimated to be $300. 6. Reports From Chair and Commissioners: Commissioner Mountin requested a leave of absence for the months of January and February. Commissioner Mountin noted that she will continue to participate in the Highway 10 subcommittee during those months. Commissioner Mountin also requested that the Planning Commission appoint a member to participate in the subcommittee for Highway 10. Commissioner Nelson noted that the Planning Commission will be reviewing the sign ordinance and requested a list of business issues for their consideration. Coordinator Bennett said she would gather information regarding problems with the sign ordinance from the business retention program and prepare a list for the EDC's consideration. 7. Adjournment There being no further business before the Commission, this meeting of the Economic Development Commission adjourned at 8:40 p.m. • Respectfully Submitted, Economic Development Coordinator 111 3 • Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Coordinator Date: January 20, 1995 Agenda Item: Election of President and Vice President (5.A) As a requirement of the Municipal Code, Chapter 408.07, Subdivision 1, Economic Development Commission, Organization, the Commission is required to appoint a chairperson and vice chairperson at the first regular meeting. Chairperson: 40 The chairperson is subject to the approval of the Authority with a term of one year. General duties of the chairperson include facilitating the Economic Development Commission meetings, notify Authority of vacancies, call special meetings, and mediate conflicts which disrupt the effectiveness of EDC meetings. Vice Chairperson: The vice chairperson is voted in by the Commission and is not required to be approved by the Authority. The vice chairperson assumes the responsibilities of the chairperson in his/her absence. Nominations for appointment of the above officers will be requested at the January 26th meeting with a vote to follow. The President appointment will be put before the EDA at the February 13, 1995 meeting. 4111 Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Coe Date: January 20, 1995 Agenda Item: Approval of EDC Bylaws (5.B.) I have attached a copy of the 1994 Economic Development Commission Bylaws which are required to be reviewed on an annual basis at the first regual meeting each year per Municipal Code, Chapter 408.07, Subdivision 6, Economic Development Commission, Bylaws. There are some areas where changes can be made in relation to the Meetings, Adjournment and Minutes. I have redlined the proposed changes on the attached copy. Please review for adoption per Resolution No. 95-EDC5 at the January 26, 1995 meeting. MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION • BYLAWS AUTHORITY: These Bylaws are established in accordance with City Ordinance 408.07, Subdivision 6. "The Commission shall adopt bylaws for its governance and for the transaction of its business." There shall be no conflict between the Bylaws of this Commission and the provisions of the City Charter and the Municipal Code. II. MEETINGS. The regular meetings of the Commission shall be held on the third .Acur1-'t-1 Thursday of each month as established by resolution of the Economic Development Commission. Regular meetings may be changed, added or canceled by the chairperson or vice-chairperson. Special meetings may be added by the chairperson or vice-chairperson. A. The regular business meeting shall be for the purpose of making recommendations to the Economic Development Authority, herein EDA, conducting public hearings, drafting of reports, and for other discussion not requiring action (ie. vote) by the Commission. B. Meetings shall be conducted in accordance with State Open Meeting Laws. III. INFORMATIONAL PACKETS. Each commissioner shall receive an informational planning report for the items that are on the regular meeting agenda no later than the Friday preceding the regular meeting. Each commissioner is responsible for reviewing the material within the packet prior to the regular agenda meeting. 1 IV. ATTENDANCE. Commission members shall advise the designated g Staff member or chairperson of an anticipated absence from any regularly scheduled Economic Development Commission meeting. Any member attending less than eighty percent of the meetings per year without consent of the commission shall be deemed to have vacated the office, and such vacancy shall be filled by the EDA pursuant iie 408.06 of the Municipal Code. A leave of absence may be granted by the consent of the commission. V. PROFESSIONAL CONSULTANTS. Advice from, consultation with, and/or requests for review by the City Attorney, Bond Attorney, City Engineer, City Planning Agency, or other paid consultants shall be in accordance with the Municipal Code. VI. ADJOURNMENT. Meetings shall adjourn on or before 10:-00 p.m. unless a two-thirds majority of the members present agree to extend the time of adjournment. VII. MINUTES. Approved minutes shall be the official record of the Economic Development Commission. A. The minutes shall state: 1. The kind of meeting, whether regular business or special and the date, time and place. 2. Roll call of members present and whether absent members are excused or unexcused. 3. Corrections to and approval of the previous minutes and the vote taken. 4. Description of each item being discussed. 5. A motion and second is required for each action item and the motion shall be recorded as acurately as possible. 2 6. The vote on each motion (ayes, nays, and abstentions), a • statement of reasons for nay votes or abstentions, and whether motion carries or fails. 7. Specific concerns addressed to the chairperson for inclusion in the minutes. 8. Reports by members. 9. Motion for adjournment, second, vote and time. -- ( atte 601" C l '?L; 10. Signature of the Staff designated member. B. All minutes shall be clearly marked to indicate either"APPROVED" or "UNAPPROVED". Each commissioner shall receive a copy of the previous regular business meeting minutes "UNAPPROVED". Approved copies may be obtained upon request. A copy of the approved minutes shall be filed with the EDA Clerk-Administrator. 411 VIII. LIAISON TO EDA. In the event of the absence of the EDA ex-officio member, a commission member may be appointed by the chairperson to represent the Economic Development Commission at the next regular EDA meeting. IX. CONFLICT OF INTEREST. When a conflict of interest may exist for a commission member or members, the member(s) shall ask to be excused and step down from the commission prior to discussion on that item. X. SUPPLEMENTARY PUBLICATIONS. All commission members shall receive a copy of the Municipal Code, Chapter 408, a copy of the 1986 Economic Development Plan, as well as other materials as provided by the EDA, Staff or other commission members. S 3 • MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION RESOLUTION NO. 95-EDC4 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING 1995 ECONOMIC DEVELOPMENT COMMISSION BYLAWS WHEREAS, Chapter 408 of the Municipal Code entitled, "The Economic Development Commission", specifies that the Commission review the bylaws on an annual basis; and WHEREAS, the Economic Development Commission has conducted a detailed review of the Bylaws. NOW THEREFORE, BE IT RESOLVED that the Economic Development Commission of the City of Mounds View recommends adoptions of the Bylaws dated January 1995. BE IT FURTHER RESOLVED that the Economic Development Commission directs Staff to forward this resolution to the Economic Development Authority prior to approval of the minutes. Adopted this 26th day of January, 1995. ATTEST: Chair (SEAL) Economic Development Coordinator S , ( I 1 ( ---' \-•-___,,l --iimmommlimommimi 4110 Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Coordinator Date: January 20, 1995 Agenda Item: Consideration of the 1995 Calendar of Meetings (5.C.) I have attached a resolution to approve the calendar of meetings for 1995. This does not preclude the bylaws which allows changes to this schedule but it is a framework for administration and planning purposes. 111 MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION411 RESOLUTION NO. 95-EDC5 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA ESTABLISHING CALENDAR OF MEETING DATES FOR 1995 WHEREAS, the Mounds View Economic Development Commission will be holding one business meeting per month throughout 1995 with the exception of Special Meetings; and WHEREAS, a display of meeting dates be established to provide an orderly system for use by the Economic Development Commission, staff and general public; NOW THEREFORE, BE IT RESOLVED that the Economic Development Commission of the City of Mounds View establishes the following meeting dates of regular business meetings at 6:00 p.m.: January 26, 1995 July 27, 1995 • February 23, 1995 August 24, 1995 March 23, 1995 September 28, 1995 April 27, 1995 October 26, 1995 May 25, 1995 November 16, 1995 June 22, 1995 December 21, 1995 BE IT FURTHER RESOLVED that materials from the public, that are to be reviewed by the Commission, shall be submitted to the assigned City staff ten days prior to the upcoming Commission meeting. BE IT FINALLY RESOLVED that if the Economic Development Commission is required to or desires to hold special meetings or make adjustments to the 1994 calendar of meetings, they will do so in accordance with State law, Code requirements and the Bylaws. Adopted this 26th day of Janaury, 1995. ATTEST: Chair (SEAL) Economic Development Coordinator i Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Coord° Date: January 20, 1995 Agenda Item: Discussion and Approval of EDC (5.D.) 1995 Work Plan. I have attached the work plan for 1994. Please review and make recommendations for a the 1995 work plan. The 1995 work plan will be discussed at the Councii\Staff Strategic Planning Session in January 28, 1995. Therefore, it is important that we include and follow through with concrete action steps for 1995. If you have ideas • prior to Thursday night please contact me and I will organize them for discussion by all EDC members. 0 ECONOMIC DEVELOPMENT COMMISSION • 1994 WORK PLAN Mission Statement: The Economic Development Commission shall serve as an advisory body to the Economic Development Authority to promote a positive economic climate, which retains and expands existing businesses, attracts desirable new businesses, and revitalizes the community. Action Steps: 1 . Begin Updating Mounds View 1986 Economic Development Plan. 2. Begin to develop a long range strategic plan for the redevelopment of Highway 10. • Complete an inventory of properties on Highway 10 to include the following: -* zoning status - proposed change -9 current use - future use -� activity and property condition • Evaluate long and short term uses and recommend changes • Research and recommend financing mechanism for redevelopment 3. Develop a list of targeted industries for future economic development programs. 4. Research Innovative Programs of Other Metro Area Cities as it relates to development, redevelopment and housing rehabilitation. 5. Monitor responses and findings of the North Metro Business Retention and Development Commission Program. 6. Begin evaluating Development Design Standards for new development and redevelopment in the City. 7. Initiate the adoption of a Tax Increment Financing Policy to include Fundability Guidelines. 8. Actively Participate in retention calls to local businesses. 9. Communicate on a regular basis with the public on the Economic Development Commission activities, encouraging written or verbal comment, through the City Newsletter, cable and other interactive avenues. i Staff To: Economic Development Commission Mernb From: Cathy Bennett, Economic Development 7r • Date: January 20, 1995 Agenda Item: Consideration of Highway 10 Vision and Action Steps: (5.E.) The Highway 10 Subcommittee comprised of Peg Mountin, Delane Welsch and Ron Schmidt, held their first meeting on January 20, 1995. I have attached a proposed vision statement and action steps for your consideration. If approved per the attached resolution, the vision and action steps will be presented to the EDA for • consideration on February 6, 1995. In addition, this item will most likely be discussed at the Council\Staff Strategic Planning. HIC,HWAy 1 0 VISION STATEMENT1110 Highway 10 in Mounds View is a cohesive planned corridor that unifies three functional area of Eastgate, City Center and Westgate THE FOCAL POINTS OF THE CITY. Highway 10 provides convenient access for commercial\industrial opportunities; goods, services and hospitality amenities; and safe, attractive residential living for families, individuals and seniors. Highway 10 is aesthetically pleasing with attractive landscaping, signage, streetscapes and storefronts. Highway 10 is the local and regional link to the greater Metro Area. HIQHWAy 1 0 ACTION STEPS 1 . Review Functional Areas separately to include the following: • Establish a mission - EDC Review • Review Data • Transportation Counts Inventory Current Regional Strategies • Develop Issues and Opportunities • Goals and Objectives - EDC Review • Prioritize Goals and Objectives • Implementation Strategies - EDC Review 2. Gain EDC and EDA Review and Support 3. Public Comments 4. Highway 10 Corridor Plan Produced 5. Market the Plan 0 Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Cordia = Date: January 20, 1995 Agenda Item: Consideration of Resolution No. 95-EDA3, Support of (5.F.) Economic Recovery Grant for Dynex Industries: Per discussions at the December meeting, I have been working with Dynex on Part I of the Economic Recovery Grant Application. The attached resolution will accompany the Part I application in support of the Project by the Economic Development Commission. 0 I did talk to Wolf & Associates and since they are ready to start construction they are unable to wait until the money is appropriated in June of 95. But they were thankful that the City inquired. EDA RESOLUTION NO. 95-EDC3110 RESOLUTION NO. 95-EDC3 SUPPORTING THE APPLICATION FOR THE STATE OF MINNESOTA ECONOMIC RECOVERY GRANT TO PROVIDE A LOAN TO DYNEX INDUSTRIES WHEREAS, Dynex Industries, a local business in Mounds View since 1985, is considering the expansion of their current facility located at 4751 Mustang Circle and is in need of gap financing to enable expansion in Mounds View; and WHEREAS, Dynex Industries is an environmental and electrical engineering contracting company that also manufactures a fluorescent light bulb recycling machine with distribution and service nation wide; and WHEREAS, Dynex Industries will be consolidating offices in Blaine, Arden Hills and Fridley to Mounds View upon the completion of a successful expansion, and WHEREAS, the Economic Development Commission's mission includes the promotion of a positive economic climate which retains and expands existing businesses; and WHEREAS, The City of Mounds View will be applying for an Economic Recovery Grant from the Minnesota Department of Trade and Economic Development to make a low-interest loan to Dynex Industries and establish a revolving loan fund; and WHEREAS, such an endeavor would be in the best interest of the City to ensure the retention and addition of 70 high quality jobs. NOW, THEREFORE, BE IT RESOLVED THAT the Economic Development Commission hereby supports the City of Mounds View's application for an Economic Recovery Grant from the Minnesota Department of Trade and Economic Development to provide a low interest loan to Dynex Industries. Adopted by the Economic Development Commission of the City of Mounds View this 26th day of January, 1995. ATTEST: Chair (SEAL) Economic Development Coordinator • l i Staff Memo To: Economic Development Commission Members From: Cathy Bennett, Economic Development Coordinp+" -, Date: January 20, 1995 Agenda Item: Other Business Presentation of Business Loan Program to EDA at February Work Session: Attached is the revised Business Loan Program presented at the December meeting. This item is on the agenda for the EDA work session February 6, 1995 at 7:00 p.m. I will need EDC members to present the plan to the EDA and be available to answer iquestions in regards to the formulation of the plan. Please review your calendars to see if you can attend. 0 City of Mounds View Business Loan Program Goals of Program: II To provide a matching business loan with a participating bank for exterior and interior improvements. Q To provide a loan program that is more attractive and marketable than a conventional bank loan. El To provide a program geared to assist existing businesses thrive and prosper in the City of Mounds View. El To provide a program to improve the aesthetics of the commercial, industrial and retail sectors of the community. Eligibility Requirements: El Exiting Mounds View Business - 2 Years Minimum Q Qualified small business El Qualified Credit History Regular full loan request package required and will need to meet participating underwriting guidelines. El Loan must be used to improve the interior or exterior of existing facility. El Interior and exterior improvements must conform to current zoning and City building codes and ordinances. El Owner or officer of business must be the loan applicant. Qualified Improvements: El Repair storefront entrances, windows, doors, decorative applications, etc. El Upgrade interior design and configuration to enhance business. El Paint, clean or stain interior and exterior of building. El Upgrade or replace existing business sign. El New or upgraded landscaping to improve aesthetics of facility. Q Parking lot reconfiguration or repair. El Required stormwater discharge improvements. ,i Upgrade facility to comply with American with Disabilities Act. Note: The improvements themselves may or may not qualify as collateral for the loan. . Term of Loans: 121 Flexible terms dependent upon use of loan funds. Term not to exceed 10 years. Q Loan is non-assumable Q Maximum loan $25,000 - $50,000 (lower amount of loan adds diversity to the program - can issue more loans therefore spreading out credit risk.) Q Minimum loan $ 10,000 (need to have a loan enough to make worthwhile to cover administrative costs) Interest Rate: © City participates at 50% of the total loan a below market rate How to Apply: Q Call the City of Mounds View, Economic Development Coordinator for application at 784-3055. All applications must be approved by participating bank and City of Mounds View's Economic Development Authority and will require review of financial statements. • • 0 • Minutes of the Economic Development Commission City of Mounds View !''' • Ramsey County, Minnesota Regular Meeting January 26, 1995 City Hall 2401 Highway 10, Mounds View, MN 55112 1. Call to Order: The meeting was called to order at 6:01 p.m. 2. Roll Call: Members present were as follows: Rosemary Goff, Mark Malone, Dan Nelson, Ron Schmidt, Phil Seipp and Delane Welsch. In addition, EDA Liaison Sue Hankner, EDA alternate Gary Quick and Economic Development Coordinator Cathy Bennett were present. Member Peg Mountin is on a leave of absence. 3. Approval Of Minutes: Motion/Second: Seipp/Nelson moved approval of Minutes of EDC Meeting, December 14, 1994. 6 ayes 0 nays • Motion Carried 4. Special Business A. Presentation Regarding Proposed Hotel Development Charlie Hall and Dan Hall, owners of the Mermaid Supper Club, gave an overview of their preliminary plans to build a hotel and conference center in Mounds View. Charlie Hall noted that they have been meeting with the Rice Creek Watershed District to resolve stormwater drainage issues in regards to the added bituminous surface due to the development. Mr. Hall noted that this would be their fourth expansion at that location. The proposed hotel would be six stories with a conference center on the first floor that would seat about 450-500 people banquet style. Mr. Hall will be requesting Tax Increment Financing assistance from the EDA and wanted to gain support from the EDC for the project. EDC members noted that they support the project in concept but would like to review the results of the hotel survey prior to making a formal recommendation. 5. EDC Business: A. Election of 1995 Chairperson and Vice Chairperson. Motion/Second: Welsch/Nelson moved to approve the nomination of Phil Seipp as 1995 EDC Chairperson • 6 ayes 0 nays Motion Carried 1 Motion/Second: Schmidt/Welsh moved to approve the nomination of Dan Nelson as 1995 Vice Chairperson • 6 ayes 0 nays Motion Carried B. Consideration of Resolution No. 95-EDC4 Accepting 1995 Bylaws . The following amendments were proposed to the Bylaws: Section II MEETINGS. -change regular meeting to the fourth Thursday of each month. Section VI ADJOURNMENT. - change adjournment to on or before 9:00 PM. Section VII MINUTES, A.(9) -change to "time of adjournments". Section IX CONFLICT OF INTEREST-change to potential conflict of interest. Motion/Second: Goff/Nelson move to approve resolution No. 95-EDC4, 1995 Bylaws as amended 6 ayes 0 nays Motion Carried C. Consideration of Resolution No. 95-EDC5 Accepting the 1995 Calendar of EDC Meetings Motion/Second: Goff/Schmidt move to accept Resolution No. 95-EDC5, 1995 Calendar of EDC Meetings. 6 ayes 0 nays Motion Carried • D. Consideration of 1995 EDC Work Plan Motion/Second: Malone/Seipp move to accept 1995 Work Plan as amended 6 ayes 0 nays Motion Carried E. Consideration of Resolution No. 95-EDC6 Approving the Highway 10 Vision Statement Coordinator Bennett explained that the Highway 10 Subcommittee is submitting a Vision Statement for highway 10 for the EDC's consideration. The Vision Statement concept followed the last drafted plan which divided the City into three nodes - Eastgate, City Center, Westgate. Although the EDC agreed that each section of the City has a different purpose with clearly different issues, they felt that the corridor should be review in total and viewed as one main thoroughfare that serves the City resident, business and commuter needs. The Commission slightly revised the proposed Vision Statement and outlined new action steps for the Highway 10 Subcommittee. Coordinator Bennett commented that the Vision Statement will be reviewed at the Council/Staff Strategic Planning and asked for volunteers to present the vision statement to the EDA at the February 6, 1995 work session. Commissioner Schmidt volunteered. Motion/Second: Nelson/Malone move to accept revised Highway 10 Vision Statement. • 6 ayes 0 nays Motion Carried 2 F. Consideration of Resolution No. 95-EDC4, Supporting the City of Mounds View Application for Economic Recovery Grant on behalf of Dynex Industries. • Coordinator Bennett reported that at the request of the EDC the City and Dynex have been working on Part I of the application for an Economic Recovery Grant. The resolution will accompany the submitted application to the Minnesota Department of Trade and Economic Development. Motion/Second: Nelson/Seipp move to approve Resolution No 95-EDC4, supporting the City of Mounds View's Application for an Economic Recovery Grant on behalf of Dynex Industries. 6 ayes o nays Motion Carried 6. Reports From Chair and Commissioners: There were no reports 7. Adjournment There being no further business before the Commission, this meeting of the Economic Development Commission adjourned at 8:03 p.m. R-. .ectfully Sub 'tted, Economi elopment Coordinator • 3