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UPDATE ON PARK DEDICATION POLICY <br /> Due to the revisions of Minnesota State Statutes regarding park dedication, the Parks <br /> Commission has drafted a proposal to amend the Park Dedication Policy to add an appeal <br /> process for fees. The Economic Development Authority has also made a <br /> recommendation to amend the Park Dedication Policy, inclusive of an appeal process for <br /> fees and a clause eliminating commercial/industrial development dedications. <br /> Denaway expressed concern over potential liabilities and inequitability of the proposed <br /> policy recommended by the Parks and Planning Commissions. He volunteered to attend <br /> the City Council meeting to represent the EDA. <br /> UPDATE ON TIF CERTIFICATION <br /> On July 22, 2009, the request to certify the TIF district was delivered to Washington <br /> County. The EDA decided to request certification at that time, because there is a three <br /> year time limit to use buildings that have been demolished to qualify. In order for the <br /> city to reimburse itself for the purchase of the properties and the demolition, the district <br /> needed to be certified within three years of the date that the property was deemed <br /> substandard. <br /> Staff was expecting to hear back from the County on the certification this summer. Staff <br /> contacted Washington County in August and they stated that they did not receive the <br /> certification request. The request was also sent to the State of Minnesota and they were <br /> aware of the request. <br /> As per the decision made at the October 11, 2010 meeting, staff has re-submitted the TIF <br /> request to the County, inclusive of a petition for the request to reflect the date of the <br /> initial request, July 22, 2009. <br /> UPDATE ON CITY RENTAL PROPERTIES IN DOWNTOWN <br /> The City owns two rental, properties in downtown across from City Hall (barber <br /> shop/printing building and a duplex). For the last several years the duplex and the barber <br /> shop have been rented out. At the October 11, 2010 meeting, staff discussed with the <br /> EDA what the future will be for the two buildings. <br /> CD Director presented the holding costs for the barber shop and duplex. The barber shop <br /> building stands negative $27,430.99. The duplex stands at a$51,756.87 gain. <br /> CD Director stated that it is the opinion of Finance Director Ron Otkin that the surplus <br /> should be returned to the Park Dedication Fund. <br /> EDA decided to re-evaluate the duplex after the tenants have vacated, and decide on its <br /> future then. <br />