Laserfiche WebLink
<br /> ~ <br />. ~~ILLS <br /> Approved: February 28, 2005 <br /> CITY OF ARDEN HILLS, MINNESOTA <br /> CITY COUNCIL WORKSESSION <br /> JANUARY 31, 2005, 7:19 P.M. <br /> CITY HALL COUNCIL CHAMBERS, 1245 WEST HIGHWAY 96 <br /> CALL TO ORDER <br /> Mayor Aplikowski called the meeting to order at 7: 19 p.m. <br /> Present: Mayor Beverly Aplikowski, Councilmembers David Grant, Gregg Larson, <br /> and Brenda Holden. <br /> Absent: Councilmember Lois Rem. <br /> Staff Present: Director of Operations & Maintenance, Thomas Moore; Acting City <br /> Administrator/Finance Director/Treasurer, Murtuza Siddiqui; Community Development <br /> Director, Scott Clark; and Recording Secretary, Kathleen Altman. <br />. Others Present: Stacie Kvilvang and Sid Inman, Ehlers and Associates. <br /> TCAAP PRESENTATION BY EHLERS & ASSOCIATES <br /> Mr. Clark stated Stacie Kvilvang of Ehlers & Associates would present the tax incremcnt <br /> modeling exercise that was recently completed for the Economic Development Commission <br /> (EDe). As discussed at previous meetings, staff was attempting to provide information to the <br /> City Council parallel to the EDC process of reviewing and recommending public financing <br /> assistance policies. He indicated it was hoped that this process would allow future Council <br /> deliberations to occur more expeditiously. Ms. Kvilvang's presentation would detail the <br /> proj ections, ramifications to the City's tax base and related information. <br /> He statcd in addition, Sid Inman of Ehlers and Associates would give a presentation on how third <br /> party financial analysts for the City would review developers pro formas to determine public <br /> financing nceds. <br /> Stacie Kvilvang, Ehlers & Associates, reviewed the tax increment modeling exercise that was <br /> completed for thc Economic Development Commission (EDC). <br /> Councilmember Holden inquired what would be included in the open space. Ms. Kvilvang <br /> replied it would inelude the neighborhood parks. <br />. Councilmember Holden asked what category did tbe Transportation Hub fit into. Ms. <br /> Kvilvang replied that would fit into the open space category. <br /> \\EarthlAdmin\Council\Minutes\ W orksession\2005\OI-31-05 Wark Session. doc <br />