01-28-13-Special - Laserfiche WebLink

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ARDEN HILLS EDA MEETING—JANUARY 28, 2013 4 Community Development Director Hutmacher reported the City's website did have a link to MNCA, the Minnesota Commercial Association of Realtors, which provides information on the available property in Arden Hills. EDA Commissioner Holmes supported the City promoting its vacant properties and being more proactive to draw new businesses into the community. Community Development Director Hutmacher stated some promotion may involve a conversation regarding TIF to attract businesses to Arden Hills versus neighboring communities. She commented that TIF can only be used for public improvements within new developments. EDA Commissioner Holmes asked if TIF could be used to redevelop the Carroll's property. Community Development Director Hutmacher noted there were opportunities for TIF with this redevelopment. EDA Commissioner Holmes requested the Commission discuss the use of TIF at a future meeting. MOTION: EDA President Grant moved and EDA Commissioner Holden seconded a motion to approve the Economic Development Commission 2013 Work Plan as presented. The motion carried unanimously (5-0). B. Economic Development Authority (EDA) 2013 Work Plan City Administrator Klaers reviewed the proposed EDA 2013 Work Plan with the Authority. He noted the quarterly meetings for the EDA in 2013 would be April 29, July 29, and October 28. It was noted two special meetings may need to be called to complete specific tasks. The proposed work program and timeline was then discussed. He indicated the EDA would work to finalize the TIF policy, review the City revolving loan program, consider using TIF 2 District Funds for a Round Lake Road West street and sanitary sewer improvement project in 2014, review the 2014 EDA budget, and lastly discuss the use of the TIF 3 District fund balance. EDA Commissioner Holden asked if MSA funds were available for the Round Lake Road street improvements. City Administrator Klaers commented MSA funds would be available for this project. MOTION: EDA President Grant moved and EDA Commissioner Holmes seconded a motion to approve the Economic Development Authority 2013 Work Plan as presented. EDA Commissioner Holden requested that the Carroll's property be added to the 2013 Work Plan.