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� <br />-�fi` I�EN�HILL5 <br />MEMORANDUM <br />DATE: September 5, 2012 <br />TO: <br />FROM: <br />SUBJECT: <br />EDC Agenda Item 4.A <br />Economic Development Commission Chair and Commissioners <br />Jill Hutmacher, Community Development Director j� <br />TIF Policy <br />On July 16, 2012, the City Council directed staff to enter into an agreement with Ehlers to <br />develop a tax increment finance (TIF) policy that will assist the City in determining how and <br />when to provide TIF assistance. <br />At the August 20, 2012, City Council work session, Ms. Stacie Kvilvang, Ehlers, requested City <br />Council feedback on public financing assumptions, relative priorities of development goals, and <br />potential TIF application scoring criteria. <br />Ms. Kvilvang received feedback which she will use to draft a TIF ranking matrix and policy for <br />further Council discussion. <br />City of Arden Hills <br />Economic Development Commission September 5, 2012 <br />Page 1 of 1 <br />