04/01/2004 EDAC Minutes - Laserfiche WebLink

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APPROVED CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: Thursday, April 1, 2004 MEMBERS PRESENT: K. Hansmann, H. Juni, T. Vacha, J. Schwartz, H. Karth, S. Rymer, J. Helgemoe, F. Chase MEMBERS ABSENT: D. Gorowsky OTHERS PRESENT: M. Divine, M. Grochala, G. Heitke GENERAL/MINUTES Minutes of March 4, 2004 were approved. EDAC FIVE YEAR PLAN REVIEW Mr. Juni asked why there was a terminology change from tax revenue to tax capacity. Ms. Divine stated the tax capacity is the amount of taxes generated from the county tax rolls. (Explanation: the tax capacity is the value x the tax rate, while the tax revenue is the tax capacity x the tax capacity rate. Since the tax capacity rate varies from year to year and school district to school district, it is simpler to use the basic tax capacity.) Ms. Divine said she updated the inventory to give members a review of new development. Mr. Juni asked if it was helpful to list all the uses in multi-tenant buildings. He questioned whom the five-year plan is for. Ms. Divine said after a major update the plan has been brought to the council. It is a way to reinforce long range goals. EDAC took the plan, which included some policy recommendations, to the council a few years ago. The one-year plan is a more changeable document. Mr. Chase moved to approve the updated five-year plan. Mr. Rymer seconded the motion. Motion passed unanimously. During discussion of the motion, Mr. Rymer asked if the city should be trying to work closely with the state legislature on economic development issues. Mr. Juni stated the committee has never been proactive that way. Mr. Chase said the city has been proactive in going after opportunities. Mr. Juni stated if the city becomes aware of issues that need attention, this committee should be notified and can participate in lobbying efforts. Mr. Karth stated an effort should made to clean up the entrances to the city, it hasn’t been accomplished. Enforcement of problem areas is needed. Mr. Chase stated EDAC has promoted redevelopment when the opportunity arises. Ms. Divine stated the Comprehensive Plan promotes relocating industrial uses on Lake Drive to the business parks. Mr. Grochala stated there are a lot of redevelopment opportunities. But the city must be committed to using the tools available, such as TIF. EDAC’s role can be identifying the sites recommending a strategy for going about it, and 1