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EN HILLS <br /> CITY OF ARDEN HILLS, MINNESOTA <br /> ECONOMIC DEVELOPMENT COMMISSION <br /> DECEMBER 7, 20118:00 AM <br /> CITY HALL -- 1245 WEST HIGHWAY 96 <br /> CALL MEETING TO ORDER <br /> Chair Ed von Holtum called the meeting to order at 8:08 a.m. <br /> ROLL CALL <br /> Present: Chair Ed von Holtum, Commissioners Rob Davidson, Dan Erickson (8:15 a.m.), <br /> and Jim Huninghake. <br /> Also Present: Council Liaison Brenda Holden, City Administrator Patrick Klaers, Community <br /> Development Director Jill Hutmacher, and City Planner Meagan Beekman. <br /> • Absent: None. <br /> 1. APPROVAL OF AGENDA <br /> Commissioner Huninghake moved and Commissioner von Holtum seconded a motion to <br /> approve the agenda as presented. The motion was approved unanimously 3 —0. <br /> 2. APPROVAL OF MINUTES <br /> It was the consensus of the Commission to accept the minutes as presented. <br /> 3. UNFINISHED AND NEW BUSINESS <br /> A. 2012 EDC Work Plan <br /> Based on discussion at the October 19, 2011, EDC meeting, staff presented a draft 2012 EDC <br /> work plan. Commissioners discussed the need to identify commercial areas or specific <br /> properties that are challenged or struggling. Commissioners would like to examine options such <br /> as a loan or grant program to assist challenged properties. Staff explained that the City's <br /> Economic Development Authority has an existing revolving fund with a current balance of <br /> approximately $150,000. This fund could be utilized for a business loan program, but staff will <br /> need to research the origins of the fund to determine what requirements might be placed on <br /> expenditures from the fund. <br />