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Home My WebLink About03-23-1999 cy ECONOMIC DEVELOPMENT COMMISSION AGENDA - SPECIAL MEETING Tuesday, March 23, 1999 (:1U 7:30 A.M. MOUNDS VIEW CITY HALL - CITY COUNCIL CHAMBERS I. CALL TO ORDER 711/-3 A.M. 2. ROLL CALL (Present = P, Absent =A) 4.ftr,Is9n t rtY (G v Thomason (EDA Liaison) FieldDorgan (Staff) Kahn ✓�Jopke (Staff) Olsen Carroll (Staff) S (/Walther �✓D 45 3. SPECIAL BUSINESS I�"r! '•• D �r eti None anticipated. i 5' i S G v, 4► 4. EDC BUSINESS -- Comprehensive Guide Plan � [Continued discussion of proposed Economic Development section of Comprehensive Guide Plan] 5. Report of Commissioners, Staff and EDA Liaison 6. ADJOURN 6 11111 Next Regularly Scheduled Meeting: March 25, 1999 N:\DATA\GROUPS\ECONDEV\EDA-EDC\EDC\AGENDA99\AGEN0323.EDC To: Economic Development Commission Members From: Kevin Carroll, Economic Development Coordinator MEMORANDUM 411) Subject: e Sub�e Comprehensive Guide Plan update (Economic Development Section) Date: March 18, 1999 At our Special meeting on Tuesday, March 23, 1999, we will continue our prior discussions regarding the Economic Development section of the Comprehensive Guide Plan update. As you know, during our last discussion it was decided that we might be getting into more specifics than necessary, and that it might be better to devote more attention to some of the broader philosophical and policy issues. To help initiate that kind of dialogue, I have attached a series of"position statement options" that I have prepared regarding six specific topic areas. As you will note, these position statements cover both ends of the applicable spectrum of opinion with respect to each topic area(and, in some cases, a few points in between). I have italicized a few words here and there to emphasize the differences between similarly-worded position statements. I have also occasionally provided some phrasing options within a sentence (such as "considered/permitted/encouraged") in order to make it clear that the EDC's recommendations can be "fine-tuned" by the selection of the words that most • accurately convey the EDC's sentiments and opinions. I do not expect that any of these policy statements will be accepted as initially drafted....rather, my expectation is that they will merely be used as building blocks for the eventual construction of"final" position statements that incorporate the EDC's additions, deletions and revisions. EDC members are also welcome to suggest other topic areas in which policy statements might provide useful guidance for Mounds View's future. I may have some additional "position statement options"to distribute for your review at the meeting next Tuesday. An agenda and supporting material for the next "regular" EDC meeting on Thursday, March 25, 1999 will be mailed or delivered to you within the next few days, As'always, please fell free to call me at any time if you have any questions or sur a-stions. f' i a41-41-e/Z; evin Carroll (61 -717-4029) Economic Development Coordinator N:\DATA\GROUPS\ECONDEV\EDA-EDC\EDC\STAFF99\032399A.MEM • • laeil6\6 _V:AC 6 1) -1) / (,6 6\1 ( t fa7 � • I. Neighborhood `Displacement" a. No redevelopme t or expansion of an existing business, or new commercial or industrial dev lopment, will be considered/permitted/encouraged if it would necessitat the acquisition, demolition or relocation of any existing business(es) and/o residential home(s). b. Redevelopment or ex sion of an existing business, or new commercial or C�r industrial development, will be considered/ even if it involves the possible acquisition, demolition or relocation of an existing -business. or residential home. c. ic/17 17 • II. Neighborhood input/consent/participation a. No redevelopment or expansion of an existing business, or new co s' ercial or industrial development, will be considered/permitted/encourag;d unless it is supported by a clear majori of those business owners and smenwners ho could (potentially) be if -' . , affected. b. redev- ..pment or expansion of an existing business, or -w commer 'al r ' or industrial development, will b- consi s ere. ,ttc,a . n. a reasonable opportunity for public input has .een provided, particularly by those business owners and homeowners who could (potentially) be affected. c. Redevelopment and/or expansion of existing businesses, and new commercial -A development, will bei •e ive pursued by the City as long as the actual or potential benefits to the City outweigh the actual or potential negative impacts on individuals, businesses or the community as a whole. d. • III. Financial Assistance a. T. ement financing will no • • 2. -r be used . e City toe -ours:- �r ist wi econiamic .evelop .ent, in ' - heli-.' that p.,vate sec or market conditions s • ld dictate ' ther, where an. when such • opment occurs. b. Tax increment financing will be used by the City selectively and sparingly, in order to attract or retain highly desirable businesses that would otherwise decline to move to or remain in the City. c. Tax increment financing will be used by the City whenever doing so will enable the City to attract a new business, retain or expand an existing business, provide new employment opportunities, enhance the City's tax base, or otherwise improve the appearance or vitality of the local business UNC` economy. d. Tax increment financing will be used in a manner consistent with the City's TIF Policy, which may be amended from time to time to reflect changes in the local economy and/or the public assistance philosophies of the members of / the City Council and/or the Economic Development Authority. e. 0 OVA} / I AtV • \ 4 IV. Re/development philosophy • a. The City will actively and aggressively market itself as a s c comme ial location for business and industry in general. .,, /k/Init't b. The City will actively i r ,i' ; ...:, / o' market itself as a : . 44 - 1 cation for speci is types of businesses and industries, especial y: t4 LA , ` ff Gt4441titu4 c. The City will respond promptly and ap op ' ely to all requests for - information about its suitability as a ocation for usiness and industry in general. )W(a) d. The City will/411469 respond o requests f information about its suitability as a location for the foil wing "t eted" businesses and industries: • , \ 1\'\"6 Ir ', /,' # Ac - V. Re/development s V/ 0 (Ca. During the next few years, the City's economic de elopme efforts will focus on the few remaining parcels of undevelope prope tle- . - _ • . 4I • . i . '; . • • ,, pp b.` Given the fact that the City is almost fully develope . ,_,it S - !' 'e, A A—the City's economic development efforts will 'ocu on redeveloping IP N� aging, obsolete and/or blighted structures in order to continua ly m. 'i tain and improve the City's ,'4 :, ' ' : , 4 t iv:. tax base.�,an 0 ✓4' 4 PI Sj (C. : In light of the increasing "mobility" of businesses in general, during the next \-' few years the City's economic development efforts will focus on retaining existing businesses and industries in the community, in some cases by helping • to create circumstances under which they can expand to meet their customers' needs and/or their own desire to grow and prosper fmancially. s \\'t% )( i • • 0 d. VI. Workforce issues a. The creation of a workforce of the size and type needed by local business and industry is not the City's responsibility, nor does the City or its staff have sufficient time or expertise to make significant contributions to that endeavor, so workforce issues will have to be addressed and resolved by the private sector and/or educational institutions. b. Inasmuch as the maintenance of an adequate workforce is generally believed to be the primary challenge that will face business and industry for much of the foreseeable future, the City will help address that problem by serving as a local clearinghouse for workforce information and by having City representatives serve on local and regional committees and commissions • devoted to that subject. kAL 01 iK4S (11 Vvirbi4c c. /y tu • C.\OFFICE\WPWIN\WPDOCS\COMPPLAN.OPT