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2005.08.15 EDA Minutes
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2005.08.15 EDA Minutes
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12/7/2015 10:51:59 AM
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Meeting Date
8/15/2005
Document Type
Minutes
Commission Name
EDA
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other properties along the north edge of Egg Lake. The EDA recommended that John <br />Granger keep the City informed on future plans for the site. <br />5. UPDATE OF AUGUST 23, 2005 MEETING OF THE TIF SUBCOMMITTEE <br />At the last meeting of the TIF subcommittee City staff and the subcommittee identified <br />the parcels that should be included in the proposed TIF district. The subcommittee also <br />discussed the subsequent procedure for conducting blight examination and substandard <br />tests to determine if the district would qualify under state law for the establishment of a <br />TIF district. At the EDA meeting Community Development Intern Andrew Gitzlaff <br />provided a summary of the meeting to the EDA on the preliminary results of the TIF <br />district analysis and discussed the next steps in establishing the district. The EDA <br />directed staff and the subcommittee to continue to investigate the procedural <br />requirements and feasibility of creating the TIF district. Community Development <br />Director Bryan Bear suggested inviting Mikaela Huot and Paul Steinman of Springsted, <br />the City's financial advisor firm, to the next EDA meeting. <br />6. UPDATE ON NEGOTIATIONS TO ACQUIRE CARPENTER RESTAURANT <br />AND THE OLD ANTIQUE STORE <br />Community Development Director Bryan Bear updated the EDA on recent negotiations <br />between City staff and officials and the Mike and Catherine Anderson, the property <br />owners of Carpenters Restaurant and the adjacent Antique Store, about selling both <br />properties to the City at the same time. The EDA directed staff to schedule another <br />meeting with Mike and Catherine Anderson. <br />7. DISCUSSION OF OBTAINING BUSINESS AND ECONOMIC DEVELOPMENT <br />CONSULTATION SERVICES FROM KIRSTIN BARSNESS <br />City Administrator Mike Ericson informed the EDA that Kirsten Barsness of Barsness <br />Consulting Services, Inc is interested in offering her consultant services to the City of <br />Hugo and the EDA. Mrs. Barsness specializes in providing project management, TIF <br />district coordination, and project marketing services to cities. The EDA discussed the <br />types of business consultant services that might be beneficial to fulfilling the goals of the <br />City and the mission of the EDA. <br />Granger made motion, Skarich seconded to recommend that to the City Council that the <br />City evaluate potential needs and availability of funds in the 2006 budget for these types <br />of services. <br />All aye. Motion carried. <br />8. UPDATE ON SALE OF `END ZONE' PROPERTY TO TERRY MONTPETIT <br />
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