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HomeMy WebLinkAbout01-26-2001 ECONOMIC DEVELOPMENT COMMISSION AGENDA January 260, 2001 7:30 A.M. MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS 1. CALL TO ORDER A.M. 2. ROLL CALL (Present = P, Absent = A) Belting McDonald Carlson Walther Field Ericson (Staff) Johnson Parrish (Staff) Marty 3. APPROVE EDC MINUTES December 1St 2000 Action: Motion Second Vote 4. SPECIAL BUSINESS A. Election of 2000 Chairperson and Vice Chairperson 5. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners —No Materials Attached B. Chamber of Commerce Update —No Materials Attached C. Report of Staff EDA Liaison ii. Highway 10 Request for Proposals —No Materials Attached iii. Pre-1997 Interest Earnings Update —No Materials Attached iv. Network Liquors Property —No Materials Attached v. Moundsview Square Vacancies —No Materials Attached vi. Metro North Convention and Visitors Bureau —No Materials Attached vii. Economic Development Plan —No Materials Attached 6. EDC BUSINESS A. Consideration of Resolution No. 01-EDC-31 Accepting the 2001 Calendar of EDC Meetings. B. Adopt 2001 Work Plan 7. ADJOURN A.M. • Next Regularly Scheduled Meeting: To Be Determined N:\DATA\GROUPS\EC ONDEV\ED C\Agendas\Agenda01\01-26-01.doc Not Approved, Minutes of the Economic Development Commission City of Mounds View Ramsey County, Minnesota Regular Meeting December 1st, 2000 City of Mounds View, Council Chambers 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: The meeting was called to order at 7:30 a.m. by Chairperson Tom Field. 2. ROLL CALL: Members Present: Dr. Greg Belting, Cindy Carlson, Tom Field, Torri Johnson, Rosemary Goff, Sean Walther, Wendy Marty, and EDA Liaison Dan Coughlin. Members Absent: None Staff Present: Community Development Director Jim Ericson, Economic Development Coordinator Aaron Parrish, and Finance Director Bruce Kessel 3. APPROVAL OF MINUTES: Motion/Second: Walther/Carlson moved to approve the minutes for September 27th 2000. Motion Carried: 7 Ayes 0 Nays 4. SPECIAL BUSINESS Chair Field welcomed Jim Ericson, the newly appointed Community Development Director. Chair Field also welcomed Mayor-Elect Rich Sonterre. 5. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Commissioner and EDA Liaison Reports There were no Commissioner or EDA Liaison reports: B. NB—MV Chamber of Commerce Update Commissioner Belting discussed the"Manufacturers Week" event held at Irondale High School. He also indicated that the Chamber is currently collecting books for its 4th Annual Chamber Book Drive. C. Term Expirations/Commission Vacancies Coordinator Parrish indicated that three terms would be expiring on the Commission at the end of the year. EDA Liaison Coughlin and Mayor-Elect Sonterre indicated that letters have been sent out to existing Commission members asking them to re-apply if they are interested. • D. Next Meeting N:\DATA\GROUPS\ECONDEV\EDC\Minutes\Min00\12-01-00.doc Not Approved Coordinator Parrish asked the Commission when it would like to meet next. It was the consensus of the Commission that they meet on Friday January 26, 2001. 1111. EDC BUSINESS A. Use of Pre-1997 Interest Earnings Coordinator Parrish indicated that the EDA requested the EDC to review potential options for the use of interest earned on pre-1997 TIF funds. He informed the Commission that the OSA has determined that these funds are not encumbered with the same rules and restrictions commonly associated with TIF. The Commission was presented with the following preliminary options: 1. Establishing a fund to provide for any future safety improvements, infrastructure, and/or redevelopment associated with County Highway 10. 2. Establishing a fund for variety of future economic development and housing projects / improvements throughout the City. This could include a revolving loan fund,funding for economic development once the current TIF districts expire, housing programs and replacement, mobile home park revitalization, or a range of other activities. 3. Transfer revenue to existing funds such as the General Fund or Special Revenue Funds including the Cable TV, Community Center, DARE, Park Dedication, Special Projects (Street Reconstruction etc...), Street Light, Surface Water,Vehicle and Equipment, and the Lakeside Park Funds. Additional revenue would then be used to expand the activities of the designated fund. 4. Keep pre-1997 interest earnings in existing TIF funds to be spent on TIF eligible activities. 5. A combination of the aforementioned options. 6. Other suggestions. After discussing possible uses for the pre-1997 interest earnings, it was determined by the Commission that the funds should be transferred before the end of the year into a newly created Economic Development Fund, but not spent until Highway 10 priorities and funding needs are more clearly articulated, an Economic Development Plan has been adopted, and the OSA has had the opportunity to review the transfer. After reviewing potential options for the funds and considering the financial implications to the existing TIF funds, the following motion was made: Motion/Second: Carlson/Johnson moved to recommend transferring all interest earned on TIF funds prior to July 1st, 1997 into a newly created Economic Development Fund before the end of the year. Further, it was recommended that the funds r wt be spent until Hiyhway 10 pi iui ities-and- • -•' --• _ _ --* _ - articulated, an Economic Development Plan has been adopted, and the OSA has had the opportunity to review the transfer. Motion Carried: 7 Ayes 0 Nays 7. Adjournment There being no further business before the Commission, this meeting of the Economic Development Commission adjourned at 8:44 a.m. Respectfully Submitted, Aaron Parrish Economic Development Coordinator N:\DATA\GROUPS\ECONDEV\EDC\Minutes\Min00\12-01-00.doc Item No. 5-A, Meeting Date: January 26th 2001 Type of Business: EB IDEB:EDC Business IN:Informational Item City of Mounds View Staff Report To: Economic Development Commission From: Aaron Parrish, Economic Development Coordinator Item Title/Subject: Officers Date of Report: January 17, 2001 Background City Code Chapter 408.07, subd. 1 provides that at the first regular meeting of the year, the EDC shall appoint a chair, a vice-chair and"such other[officers] as"needed, subject to EDA approval. In addition, Chapter 408 does allow the chair to serve two consecutive terms. Accordingly, the current chair, Commissioner Tom Field, could be re-elected. With the new year and departure of Commissioner Goff from the EDC, it is also necessary to elect a vice-chair for 2001. 0 Necessary Actions Elect a Chair and Vice-Chair subject to the approval of the Economic Development Authority. Aaron Parrish, Economic Development Coordinator (763) 717-4029 • N:\DATA\GROUPS\ECONDEV\EDC\Staff Report s\Staff°1\O 1-6A.doc Item No.6-A, Meeting Date: January 26th 2001 Type of Business: EB • EB:EDC Business IN:Informational Item City of Mounds View Staff Report To: Economic Development Commission From: Aaron Parrish, Economic Development Coordinator Item Title/Subject: Consideration of Resolution No. 01-EDC-31 Accepting the 2001 Calendar of EDC Meetings. Date of Report: January 17, 2001 Background Chapter 408.07, subd. 2 of the City Code requires that meetings be held at times"which the [EDC] shall fix by resolution." At the current time,the EDC Bylaws require that meetings be held at 7:30 a.m. on the fourth Thursday of the month. In light of the fact that the EDC has been meeting on the fourth Friday of the month due to schedule conflicts,I would suggest amending the Bylaws(to be considered in February)to reflect a different meeting time. Tentatively, I would propose the third Friday of the month. This will allow for . ample time between the EDC meeting and the Council's regularly scheduled work session. This proposed date is reflected in the resolution that is attached for your reference. Necessary Actions Consider EDC Resolution No. 01-EDC-31 Establishing a Calendar of Meeting Dates for 2001 Aaron Parrish, Economic Development Coordinator (763) 717-4029 III1\1:\DATA\GROUPS\ECONDEV\EDC\Staff Reports\Staff0l\O1-6B.doc • MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION RESOLUTION NO. 00-EDC-31 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION ESTABLISHING CALENDAR OF MEETING DATES FOR 2001 WHEREAS, The Mounds View Economic Development Commission plans to hold one business meeting per month throughout 2001, with the exception of Special Meetings; and WHEREAS, the adoption of a list of meeting dates provides an orderly system of advance notification for the benefit of the EDC, City staff and the general public; NOW, THEREFORE, BE IT RESOLVED that the Economic Development Commission hereby adopts the calendar of 2001 meeting dates attached hereto. • Adopted this 28th day of January, 2001. ATTEST: Chair (SEAL) City Administrator N:\DATA\GROUPS\ECONDEV\EDC\Resolutions\Res01\O 1 31.doc 0 CITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION 2001 MEETING DATES January 26, 2001 February 16, 2001 March 16, 2001 April 20, 2001 May 18, 2001 III June 15, 2001 July 20, 2001 August 17, 2001 September 21, 2001 October 19, 2001 November 16, 2001 December 21, 2001 (All meetings will be held at Mounds View City Hall at 7:30 a.m. unless otherwise noted) • N:\DATA\GROUPS\ECONDEV\EDC\Resolutions\Res01\O 1-31.doc Item No.6B Meeting Date: January 26th, 2001 Type of Business: EB • EB:EDC Business IN:Informational Item City of Mounds View Staff Report To: Economic Development Commission From: Aaron Parrish,Economic Development Coordinator Item Title/Subject: 2001 Work Plan Date of Report: January 16, 2001 Background: Historically,the EDC has developed a Work Plan to guide their activity throughout the year. Issues that the EDC could possibly be concerned with throughout the course of the year include: • Tax Increment Finance (TIF Policy,Requests and Use of Funds) • County Highway 10 Planning and Redevelopment • Economic Development Plan Essentially, last years Work Plan has been used to be provide a basis for the "2001 Work Plan." The only substantive addition is item#11 concerning an updated Economic Development Plan. Of course,items can be faadded or subtracted based on the perspective of the Commission. Necessary Actions: Develop and adopt a work plan to guide the EDC in the proceeding year. Aaron Parrish,Economic Development Coordinator (612) 717-4029 III N:\DATA\GROUP S\ECONDEV\EDC\Staff Reports\StaffD 1\01-6C.doc ECONOMIC DEVELOPMENT COMMISSION 2001 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 and revitalize the community by developing programs to retain and expand existing businesses, attract desirable new businesses, and redevelop target areas in the City. Action Steps: 1. Review and make recommendations to the EDA on programs and opportunities to enhance business development and retention. 2. Recognize Highway 10 redevelopment as an important element in the positive economic vitality of Mounds View; Assist in communicating with businesses regarding the forthcoming County Highway 10 Plan. 3. Evaluate the effectiveness of the Business Improvement Partnership Loan Program and make recommendations for revisions to the Program to meet the needs of the business community. 4. Evaluate staff research on innovative programs of other metro area cities as it relates to development, redevelopment and housing rehabilitation. 5. The Economic Development Commission will work cooperatively to coordinate the goals of the respective commissions. 6. Annually monitor and provide input on the Mounds View Housing Replacement Program and other housing initiatives. Evaluate the effectiveness of housing program as a tool in providing the community with affordable and life cycle housing and generating positive long-term economic growth. Ensure that any housing program using TIF meets the requirements under the Mounds View's Tax Increment Plan. 7. Advocate continued staff involvement in the New Brighton/Mounds View Area Chamber of Commerce to provide a framework for the evaluation of business concern and to help support a positive business climate. Encourage the participation of the business community in Chamber activities. 8. Participate with staff in at least one business retention visit per quarter. 9. Because the work of the I-35W Corridor Coalition could have a positive economic impact on the development and redevelopment of the City of Mounds View, the EDC would advocate for staff to provide an annual report on the status of the Coalition and provide input on the Coalition strategies as needed. 10. 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. 11. In conjunction with the County Highway 10 planning process, update the City's "Economic Development Plan." 12. Assess the use of the franchise fee in Mounds View particularly as it relates to businesses. 13. Be aware of intergovernmental affairs, particularly at the state level, regarding issues effecting local economic development. \\Ntserver\CityHall\DATA\GROUPS\ECONDEV\EDC\Commission Information\Workplan 2001.doc