HomeMy WebLinkAbout2005.04.18 CC Minutes - Joint EDA MeetingMINUTES FOR THE JOINT EDA/CITY COUNCIL MEETING OF APRIL 18, 2005
Mayor Miron called the meeting to order at 8:30 am.
COUNCIL PRESENT: Granger, Haas, Petryk, Puleo, Miron
STAFF: City Administrator Mike Ericson, CD Director Bryan Bear, and Intern Tom Denaway
EDA PRESENT: Janice Arcand, Theresa Charpentier. Phil Klein, Nick Skarich, Jim Bever, Mike
Granger, and Fran Miron
EDA MEETING OF MARCH 21, 2005
Granger made motion, Klein, to approve the March 21, 2005 EDA meeting minutes as presented.
All aye. Motion Carried.
UPDATE ON MEETING OF BEIP SUBCOMMITTEE
At its last meeting, the EDA directed the BEIP Subcommittee to prepare and distribute Requests for
Proposals for the development of Lot 1, Block 1 of the Bald Eagle Industrial Park. The RFP has been
posted on the Minnesota Commercial Realtors Property Database and the League of Minnesota's
webpage, additionally the RFP was mailed to a list of 56 developers. CD Director Bear provided the
Board with an update on this project.
CDBG SUBCOMMITTEE MEETING WITH COMMISSIONER HEGBERG
At its last meeting the EDA directed staff to schedule a meeting with the CDBG subcommittee,
Washington County Commissioner Hegberg, and Citizen Advisory committee member Bo Bogatty. On
April 14, 2005, they met City staff, Mayor Miron, EDA Vice President Phil Klein, and Jane Harper from
the county. Jane informed the group that there were numerous excellent projects this year, more than ever
before. Mayor Miron agreed that it was important to meet to bring the county up-to-date on the City's
project and focus on downtown redevelopment.
PRESENTATION FROM SPRINGSTED INC. ON TAX INCREMENT FINANCING
At its last meeting, the EDA directed staff to schedule a joint City Council/EDA workshop with the City's
Financial Advisor Springsted, Inc., and the City's bond counsel Briggs and Morgan, to discuss the use of
Tax Increment Financing (TIF). Paul Steinman and Mikaela Huot of Springsted and Mary Ippel of Briggs
and Morgan presented Council and the EDA with a PowerPoint presentation explaining TIF and they
answered questions. City Staff is seeking Council and EDA direction regarding the use of TIF. Mary
Ippel explained the merits of an interfund loan resolution.
Granger made motion, Bever seconded, to recommend this to the Council at its next meeting.
EDA - All aye. Motion Carried.
After continued discussion about the merits of creating a TIP District, Council and EDA agreed to appoint
a TIF Subcommittee:
Joint Council/EDA Meeting of April 18, 2005
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Miron made motion, Klein seconded, voted to appoint from Council Mike Granger and Frank Puleo, and
from EDA Nick Skarich and Theresa Charpentier, to explore further the use of TIF and determine district
boundaries.
EDA — All aye. Motion Carried.
ADJOURNMENT
Granger made motion, Petryk seconded, to adjourn the Council meeting at 10:15 am.
All aye. Motion Carried.
Michael A. Ericson
City Administrator