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that the policy needs to be reviewed and input from the EDA will help staff revise the <br />policy to reflect what the EDA would like to see for the TIF district. Granger talked about <br />the qualifications and asked what the difference between a redevelopment district is <br />verses an economic development district. Denaway explained that an economic <br />development district is basically used for industrial parks. <br />The EDA evaluated the TIF application and the review worksheet for projects submitted <br />to the City. Miron stated that the job creation and wage expectation needs to be <br />reasonable for this area. <br />Miron talked about the review worksheets point system in regards to the use. He stated <br />that mixed-use should be as important as the office/commercial. Bever stated that <br />housing should be a bit lower also. Granger and Denaway agreed with both. They want <br />staff to look at this portion and change the point system. <br />Denaway talked about the terms for TIF monies from the first year to the fifth. <br />Miron talked about the properties that the City would like to redevelop and that we need <br />to make sure we are ready to go ahead with the TIF district establishment. Associate <br />Planner talked about the Egg Lake properties that the City owns and the redevelopment <br />possibilities of that area. CD Director talked about the Holmgren property being in the <br />middle of the area and that it may be an important piece to acquire if we can not work <br />around it. CD Director asked if staff should go ahead with the establishment for the TIF <br />district or should staff hold off for a little bit. Everyone agreed that staff should go ahead <br />with the next steps to establishing the TIF district. Miron stated that he would like to <br />know if there is an easement behind Carpenters Restaurant that abuts Egg Lake. <br />CD Director stated that the first properties that he imagines would redevelop first are the <br />Carpenters and the End Zone properties. Klein asked what steps the City needs go <br />through now that we know our proposed district will qualify. Denaway stated that it <br />would have to go to the City Council for a public hearing and then the City could certify <br />the district. Granger asked if there was a time limit from the public hearing to the <br />certification of the district. CD Director stated that the staff will check if there is a time <br />limit between the two. <br />Bever and Klein both asked if staff has been aggressive enough in acquiring the Egg <br />Lake properties. CD Director stated that we have been acquiring them as they came on <br />the market and staff has talked to all the property owners in that area. Granger stated that <br />the City should not actively go out and offer to buy property. <br />Granger stated that we need to get a marketing and promotional plan for the TIF district <br />so people can see what we have to offer. Arcand stated that we need to keep our push on <br />downtown redevelopment and make sure the City takes into consideration the expansion <br />that could happen on Highway 61. CD director stated that staff will work on a marketing <br />plan and that there is a working group for the expansion of Highway 61. Miron stated that <br />on one of the next agendas the expansion of Highway 61 should be a discussion item. <br />Bever asked if the rush line corridor would be a problem with the expansion. Granger <br />