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05-23-07
ArdenHills
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2007
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05-23-07
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A <br /> ■ Increase of the city levy for specific projects; <br /> ■ Referendum to issue debt for specific activities/projects resulting in the issuance <br /> of General Obligation bonds supported by the levy; <br /> • ■ Special Legislation: for example, creating a special services district that would <br /> levy property owners in the district to pay for maintenance and upkeep (this was <br /> done in the Excelsior and Grand project area, as well as at 50th and France in <br /> Edina); and <br /> ■ Economic development grants such as the County's Community Development <br /> Block Grant program or State and County Brownfield grants to help pay for <br /> acquisition, demolition, and/or clean-up of blighted properties. <br /> Next Steps <br /> The EDC can choose to make recommendation to the City Council regarding <br /> redevelopment of certain areas within the city and the recommendation as to incentives, <br /> if any. Staff recommends the EDC present any recommendations to the Planning <br /> Commission prior to approaching the City Council. <br /> • <br /> Redevelopment Memo <br /> May 22, 2007 <br /> - 3— <br /> • \\Metro-inet.us\ardenhills\Admin\Committees\Economic Development Commission\Redevelopment Memo 5-22-07.DOC <br />
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