HomeMy WebLinkAbout03-10-2008
CITY OF MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA
MOUNDS VIEW CITY HALL
Monday, March 10, 2008
6:00 PM
1. CALL TO ORDER
2. ROLL CALL: President Marty, Vice President Stigney, Commissioner Flaherty,
Commissioner Hull, Commissioner Mueller
3. APPROVAL OF AGENDA
4. PUBLIC INPUT:
Citizens may speak to issues not on tonight’s agenda. Before speaking, please give
your full name and address for the minutes. Also, please limit your comments to
three minutes and sign in on the sign-in sheet located on the podium.
5. APPROVAL OF MINUTES
A. February 25, 2008, EDA Minutes.
6. CONSENT AGENDA
7. EDA BUSINESS
A . Resolution 08-EDA-244, Approve Mounds View Business Toolbox
8. REPORTS
A. Premium Stop Redevelopment Area Update
9. NEXT EDA MEETING: Monday, March 24, 2008 @ 6:30 p.m.
10. ADJOURNMENT
Minutes reflect changes by Mayor Marty, Interim City Administrator Jim Ericson and Asst City Administrator Crane
PROCEEDINGS OF THE MOUNDS VIEW EDA 1
CITY OF MOUNDS VIEW 2
RAMSEY COUNTY, MINNESOTA 3
4
Regular Meeting 5
February 25, 2008 6
Mounds View City Hall 7
2401 Highway 10, Mounds View, MN 55112 8
6:33 P.M. 9
10
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1. CALL MEETING TO ORDER 12
13
2. ROLL CALL: President Marty, Vice President Stigney, Commissioner Hull, 14
Commissioner Flaherty, Commissioner Mueller, and Interim Executive Director Ericson. 15
16
NOT PRESENT: None. 17
18
3. APPROVAL OF AGENDA 19
20
MOTION/SECOND: Mueller/Flaherty. To Approve the Monday, February 25, 2008 Agenda as 21
Presented. 22
23
Ayes - 5 Nays – 0 Motion carried. 24
25
4. PUBLIC INPUT 26
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None. 28
29
5. APPROVAL OF MINUTES 30
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A. January 28, 2008 EDA Minutes 32
33
President Marty, on Page 4, Line 44, add deadline had expired. Line 151, remove 40 unit 34
memory care/half assisted living. 35
36
Commissioner Hull on page 3, Line 108 insert the word letter after financial. 37
38
MOTION/SECOND: Mueller/Hull. To Approve the January 28, 2008 EDA Minutes as 39
Amended. 40
41
Ayes – 5 Nays – 0 Motion carried. 42
43
44
Mounds View EDA February 25, 2008
Regular Meeting Page 2
6. CONSENT AGENDA 45
46
None. 47
48
7. EDA BUSINESS 49
50
A. Resolution 08-EDA-243, Election and Appointment of Officers of the 51
Authority 52
53
Interim Executive Director Ericson noted that Vice President Stigney had brought up that the 54
bylaws were not being followed relating to the appointment of officers. Staff has reviewed the 55
bylaws and determined that they are not consistent with Minnesota Statutes. He then said that 56
the appointments can be made that need to occur and Staff can come back with a 57
recommendation for necessary amendments. 58
59
The Authority added Mr. Stigney as Vice President. 60
61
Vice President Stigney indicated that he would like to wait on appointing the Treasurer until the 62
duties are determined and the necessary amendments to the bylaws are made. 63
64
Interim Executive Director Ericson agreed that those appointments could wait until the issues are 65
resolved. 66
67
Attorney Riggs indicated that he would review the Statute for a recommendation. He then said 68
that he just revised another city’s enabling resolution and that is more difficult than amending 69
bylaws. He then said that there are about six locations in the bylaws that should be amended, but 70
it should not take long for the revisions to be made and presented to the Authority for 71
consideration. He further said that he does not believe that appointment of officers would be 72
affected by changes necessary to the bylaws. 73
74
Vice President Stigney said that he would like to know what the Statute stated when this was 75
established. 76
77
Attorney Riggs indicated that the statute shows that the provisions were adopted in 1987 and 78
have not been changed since then. 79
80
MOTION/SECOND: Marty/Mueller. To Postpone Appointments to a Future EDA Meeting to 81
Allow Time for Researching this Matter. 82
83
Commissioner Flaherty asked what takes precedent. 84
85
Attorney Riggs indicated that the State Statute is what needs to be followed. 86
Mounds View EDA February 25, 2008
Regular Meeting Page 3
87
Commissioner Mueller noted the Charter, as it relates to elected officials, states that they are not 88
to hold any other office, and she is wondering if this is a direct conflict of the Charter. 89
90
Attorney Riggs indicated that the Legislature does allow Councils to serve on EDA Boards. He 91
then said that this should be looked at, but the Legislature has the ability to say that you can do 92
this regardless of what it states in the Charter. 93
94
Ayes – 5 Nays – 0 Motion carried. 95
96
B. Resolution 08-EDA-244, Approve Mounds View Business Toolbox 97
98
Economic Development Specialist Steinmetz reviewed Resolution 08-EDA-244 with the 99
Authority. Staff and the EDC is comfortable with the 2% rate associated with the Business 100
Improvement Partnership Loan Program and also agrees with the recommendation to have an 101
annual review of that rate. 102
103
Commissioner Mueller said that one reason the Tool Box was developed, was at the request of 104
the Authority is because there are more ways to bring businesses or keep businesses in the 105
community than by using TIF. 106
107
Commissioner Mueller said that she feels it is important that this document remain internal for 108
use of the City. She then said that as long as the 2% covers administrative costs she is fine with 109
the rate. 110
111
MOTION/SECOND: Mueller/Hull. To Approve Resolution 08-EDA-244, Approving the 112
Mounds View Business Toolbox. 113
114
Vice President Stigney would like to expand the definition of the purpose of this program. He 115
then said that he would like language requiring for improvements that further the goals of the 116
EDA. He further said that he does not think that the EDA should be doing this at all. 117
118
Interim Executive Director Ericson pointed out that the EDA did review and approved a tax 119
rebate financing policy, and the EDA should make a change, if that is not something that the City 120
wants to use, then language should be adopted to clarify. 121
122
Vice President Stigney said that may be, but this approves the Business Toolbox. He then said 123
that he would like to clarify that TIF is for the intended purposes of the EDA. He further said 124
that he would want people to come forward with something that would have a requirement to 125
justify why these programs should be agreed to. 126
127
128
Mounds View EDA February 25, 2008
Regular Meeting Page 4
Interim Executive Director Ericson noted that the city approved the Business Subsidy Policy that 129
outlines what the City is looking for and when assistance will be provided, and when it will not. 130
He then said that the goals of the EDA could be tied in, but they are already in document format 131
in the Business Subsidy Policy. 132
133
Commissioner Flaherty noted that these are programs that are in existence, however, that does 134
not mean that you are entitled to them or qualify for them. 135
136
Vice President Stigney indicated he would like to add that TRF is not currently being 137
recommended by the EDA in 2008. 138
139
Mayor Marty noted that the 2% rate is to be approved annually, so he would suggest looking into 140
current rates with the Finance Director. 141
142
Interim Executive Director Ericson said that the 2% rate would not put the City or the EDA in 143
any type of jeopardy or risk. He then said that he has found that this amounts to a savings of 144
about $500 per year for the applicant. So he does not think that will be enough to really incent 145
anyone to go through that process. 146
147
Council Member Mueller said that she would like to see this approved with minor modifications. 148
149
Vice President Stigney said that as far as intended purposes for these programs he thinks that 150
should be specified. He then said that the big boxes can use their own dollars and not free taxes 151
for up to 20 years. He further said that he would not support tax abatements. 152
153
Economic Development Specialist Steinmetz indicated that she would take the toolbox back and 154
make revisions as requested and bring it to the next meeting for consideration. She then said that 155
since this is an internal document that is dated, it will not be misused. 156
157
The Motion to approve was withdrawn. 158
159
MOTION/SECOND: Marty/Stigney. To Postpone action on the toolbox to a Future Meeting. 160
161
Commissioner Flaherty asked if this is a binding document. 162
163
Attorney Riggs indicated that it is not, and everything would run through the EDA. 164
165
Ayes – 5 Nays – 0 Motion carried. 166
167
8. REPORTS 168
169
A. Twin Cities North Chamber Gala: Saturday, March 1, 2008 170
Mounds View EDA February 25, 2008
Regular Meeting Page 5
171
Economic Development Specialist Steinmetz reviewed the invitation to the Twin Cities North 172
Chamber Gala scheduled for Saturday, March 1, 2008. She then asked anyone wishing to attend 173
to contact Staff. 174
175
Vice President Stigney said that tickets for the gala are $70.00 and he thinks that EDA money 176
could be spent more wisely 177
178
179
B. Economic Development Commission 2008 Priorities 180
181
Economic Development Specialist Steinmetz reviewed the 2008 Economic Development 182
Commission Priorities with the Authority. 183
184
President Marty asked whether Staff has looked into a Byerly’s or Lund’s for the Premium Stop 185
location. 186
187
Economic Development Specialist Steinmetz indicated that she had provided the information to 188
the business agent for Lund’s and Byerly’s. Staff will follow up with them to provide any 189
additional information that they may request. They do not have any plans for new locations at 190
this time, however. 191
192
President Marty asked about Knollwood Place/Johnson property and whether the permit has 193
expired. 194
195
Interim Executive Director Ericson indicated that it expires at the end of this month. 196
197
Commissioner Mueller asked if any contacts have been made with the owner of the Car Wash 198
that had the fire. 199
200
Interim Executive Director Ericson indicated that the property is listed with a realtor, and they 201
have been given the information. He also indicated that he understands that they do not plan to 202
re-open. 203
204
C. Robert’s Sports Bar Update 205
206
Economic Development Specialist Steinmetz indicated that there is someone interested in the 207
property that wishes to keep it as a bar. Staff did find out that the grant application for the 208
redevelopment is being reviewed by a former Mounds View employee and that does help. 209
210
211
9. NEXT EDA MEETING: Monday, March 10, 2008 at 6:00 p.m. 212
213
Mounds View EDA February 25, 2008
Regular Meeting Page 6
10. ADJOURNMENT 214
215
President Marty adjourned the meeting at 7:25 p.m. 216
217
218
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Respectfully submitted, 220
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Recorded and transcribed by: 223
Joan Lenzmeier, Recording Clerk 224
TimeSaver Off Site Secretarial, Inc. 225
Item No. 7B
Meeting Date: March 10, 2008
Type of Business: EDA
Administrator Review: _____
City of Mounds View Staff Report
To: Mounds View Economic Development Authority
From: Heidi Steinmetz, Economic Development Specialist
Item Title/Subject: Consider Resolution 08-EDA-244 Approving Mounds View
Business Toolbox
Background:
The Mounds View Business Toolbox was originally intended to serve as a summary
document listing the financial and technical resources available to existing and
prospective Mounds View businesses. The EDA reviewed and discussed the document
from February through April 2007 and again on February 25, 2008. Throughout the
review process, the Toolbox prompted EDA discussion regarding the City’s business
financing policies in general. Therefore staff has attached the latest versions (along
with supporting material) of the City’s three business financing policies as listed below:
• Business Subsidy Policy (May 2003)
o This is an overarching document that corresponds with most business
subsidies awarded by the City or EDA.
o May 12, 2003 EDA/Council Minutes
o EDA Resolution 03-EDA-173
• Tax Rebate Financing Policy (September 2003)
o September 22, 2003 EDA Minutes
• Tax Increment Financing Policy (January 2007)
o The EDA last reviewed the Tax Increment Financing Policy on January 22,
2007 but did not take formal action on the Policy.
Discussion:
Staff is not asking the EDA to review its three business financing policies as they relate
to the Toolbox since the Toolbox is simply a summary document, which is not meant to
provide the level of detail provided by the policy documents. However, if the EDA
wishes to revisit the policy documents to consider potential amendments or revisions,
staff would be happy to add the discussion to the next EDA agenda.
Consider Resolution EDA-08-244
March 10, 2008 EDA Meeting
Page 2 of 2
The EDA provided staff with the following input regarding the Toolbox on February 25,
2008:
• Add purpose statements under the Business Improvement Partnership Loan
Program, Tax Increment Financing and Tax Rebate Financing sections of the
Toolbox.
Purpose statements were added to the attached version of the Toolbox and are
consistent with the latest versions of the City’s Tax Increment Financing Policy, Tax
Rebate Financing Policy and the attached Business Improvement Partnership Loan
Program criteria and application.
Recommendation:
Staff recommends that the EDA consider the attached Resolution 08-EDA-244
Approving the March 2008 Mounds View Business Toolbox.
Respectfully submitted,
____________________________
Heidi Steinmetz
Economic Development Specialist
Attachments:
• Resolution 08-EDA-244
• Mounds View Business Toolbox, March 2008
• Business Subsidy Policy (May 2003)
o May 12, 2003 EDA/Council Minutes
o EDA Resolution 03-EDA-173
• Tax Rebate Financing Policy (September 2003)
o September 22, 2003 EDA Minutes
• Tax Increment Financing Policy (January 2007)
• Business Improvement Partnership Loan Program Criteria & Application