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EDC Minutes <br /> August 1, 2012 <br /> Page 4 of 4 <br /> B. TIF Policy <br /> Community Development Director Hutmacher reported that the City Council had approved a <br /> proposal by Ehlers & Associates to development a tax increment financing (TIF) policy that will <br /> assist the City in determining how and when to provide TIF and will align the TIF Policy to the <br /> City's development vision and goals. <br /> C. Gateway Signs <br /> Community Development Director Hutmacher reported that the City Council approved a <br /> gateway sign on July 30, 2012. The sign will be located on the southwest corner of the <br /> intersection of County Road E and Lexington Avenue. <br /> D. Commission Members <br /> None. <br /> E. Council Liaison <br /> Councilmember Werner reported that he had toured Fire Station #1 on Lake Johanna <br /> Boulevard. Werner also noted that an open house for State Farm agent Jaci Meyer would be held <br /> at her office in Arden Plaza on Thursday, August 2, 4:00 — 6:00 p.m. The open house was <br /> organized by the St. Paul Chamber of Commerce. <br /> F. Staff Comments <br /> None. <br /> 5. ADJOURNMENT <br /> Chair von Holtum adjourned the meeting at 9:35 a.m. <br /> Ed von Holtum, Chair Jill Hutmacher <br /> Community Development Director <br />