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City of Arden Hills – 2040 Comprehensive Plan <br /> <br /> <br />Approved: November 2019 <br />8-2 <br />8.1 ECONOMIC DEVELOPMENT AUTHORITY (EDA) <br /> <br />In 1996, the City established the Economic Development Authority (EDA) with the <br />following mission: <br />o Preserve and create jobs; <br />o Enhance the City’s tax base; and, <br />o Promote the general welfare of the people of Arden Hills. <br /> <br />Minnesota State Statutes guide the powers of the EDA; however, the EDA is generally <br />able to purchase property, redevelop property, create economic development districts, <br />study economic development needs, and perform other duties related to economic <br />development. The members of the City Council make up the full EDA. <br /> <br />The EDA is an important tool in projects where the City seeks to take an active role in <br />purchasing property, redevelopment, and/or public financing of projects. <br /> <br />8.2 ECONOMIC DEVELOPMENT COMMISSION (EDC) <br /> <br />The Economic Development Commission is a nine member body that advises the City <br />Council on economic development activities. The Commission was established to <br />facilitate positive interaction with the business community and to advise the City Council <br />and Economic Development Authority on economic development, redevelopment, and <br />related community development issues. The Commissioners may be residents or non- <br />resident business representatives; however, at least four of the Commissioners must be <br />Arden Hills’ residents. <br /> <br />8.3 GUIDING PLANS AND REDEVELOPMENT <br /> <br />Guiding Plan for the B2 District <br />In 2008, the City accepted the “Guiding Plan for the B2 District.” This Guiding Plan <br />provides a vision for the entire B2 Zoning District, which generally includes those <br />properties along County Road E between Highway 51 and Lexington Avenue, Connelly <br />Avenue, and Pine Tree Drive. The City seeks to promote high-quality redevelopment <br />in this district as the market allows to enhance its value for the overall community. The <br />City and Ramsey County completed infrastructure improvements along County Road E <br />in 2015, including streetscape enhancements and pedestrian and bicycle facilities. <br /> <br />TCAAP Master Plan <br />The TCAAP Master Plan was approved by the City in July 2015 and amended in <br />December 2016. The Master Plan will guide the redevelopment of the TCAAP site to <br />achieve the City’s goals of high development and design standards, defined residential