2010.08.09 EDA Minutes - Laserfiche WebLink

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Miron made a motion, seconded by Granger, to direct staff set a meeting with the interested parties. All aye. Motion Carried. UPDATE ON THE BR&E IMPLEMENTATION PROJECT TEAMS Staff made a presentation to the HBA on the BR&E Marketing and Events implementation project teams at its July 13, 2010, meeting. The outcome was to have a BR&E and HBA joint meeting on the implementation project and distinguish roles of the City and the HBA on each goal. The joint meeting is on August 17, 2010. Staff will update the EDA in September on the outcome of the joint meeting. DISCUSSION ON THE PARK DEDICATION FEES The City of Hugo Parks, Recreation and Open Space Commission discussed possible revisions to the Park Dedication Policy at their July 14, 2010 meeting. Parks Planner Shayla Syverson discussed the Park Dedication Policy with the EDA. Currently, the Park Dedication Policy requires payment of $2,400 per acre with any commercial or industrial development. All funds that are dedicated are used by the Parks Commission to build new park facilities, which help meet the increased demand for parks brought by the development. The majority of funds received through dedication are from residential developments. Approximately $10,000 in park dedication has been paid to the city for commercial and industrial development between 1999 and 2009. Some cities do not require park dedication with commercial and industrial development. Granger stated that the park dedication fee for commercial and industrial properties is a disincentive for businesses to come to town. Denaway stated that the businesses pay property taxes and agreed with Granger. Granger made a motion, seconded by Denaway, to recommend to the Parks Commission to remove the fee for commercial and industrial developments from the park dedication policy with the following findings: 1. The parks are important to the City and make the community more attractive. 2. The park dedication fee is a competitive disadvantage for businesses to come to Hugo. 3. Many surrounding cities do not require commercial and industrial development to pay park dedication fees. 4. The park dedication fee collected for existing commercial and industrial developments is not a huge revenue generator. 5. Commercial and industrial property taxes help pay for park improvements. 6. Commercial and industrial businesses have made donations to several community and organized events in the City. All aye. Motion Carried. ADJOURNMENT Granger made a motion, seconded by Denaway, to adjourn at 10:30 am. All Aye. Motion Carried.