2005.06.20 EDA Minutes - Laserfiche WebLink

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expressed interest in the property. Staff presented information related to the two businesses to the EDA. The EDA directed to BEIP subcommittee review the Rink -Tec requests along with the requests for Lot 1, Block 1, to find the best tenant mix for the two properties. The subcommittee will report back on July 18, 2005. 5. DISCUSSION OF EGG LAKE REDEVELOPMENT PLAN The City staff provided the EDA with an update of progress toward the purchase of the Powell Residence and the old antique store. In addition, the staff has been working with three companies who are interested in constructing senior housing as a part of the Egg Lake Plan. The staff presented this information to the EDA. 6. DISCUSSION OF DOWNTOWN REDEVELOPMENT The staff has had recent discussions with key property owners in the downtown area and is ready to proceed with direction from the EDA to initiate a TIF District for areas near the downtown. The staff will update the EDA with the latest information related to the Downtown Design Guidelines. The staff also is prepared to initiate a Market Study for the downtown. The staff presented redevelopment ideas to the EDA from a major development company. Klein made motion, Skarich seconded to invite the developer to make a presentation at the July 18, 2005 meeting. Miron made motion, Klein seconded to direct staff to invite Marvin LaValle and Pete Sampair to the meeting. All aye. Motion carried. 7. UPDATE ON EAST METRO ECONOMIC DEVELOPMENT FORUM On June 16, 2005, City Administrator Mike Ericson, CD Director Bryan Bear EDA members, Klein, Miron, Bever and Arcand as well as Council members and HBA members attended the forum at the Machine Shed Restaurant in Lake Elmo. Staff and EDA members shared information from the meeting. 8. ADJOURNMENT Arcand made motion, Skarich seconded to adjourn the meeting at 10:30 All aye. Motion carried.