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<br /> ARDEN HILLS CITY COUNCIL WORKSESSION <br /> DECEMBER 15,2003 2 <br />. <br /> 2.C Economic Development Commission <br /> Mr. Parrish brought fOlih a recommendation that the Council establish an Economic <br /> Development Commission. He presented sample ordinances from commissions in other <br /> cities. <br /> After a brief discussion, the consensus of the Council was there was interest in this <br /> concept, and staff should bring the Economic Development Commission issue forward at <br /> a subscquent Council meeting. <br /> 2.D Twin Cities North Chamber of Commerce Membership <br /> Mr. Parrish stated, over thc past few months, staff and the Mayor had been contacted <br /> rcgarding possible membership in the Twin Cities North Chamber ofCommcrce. He said <br /> the primary communities served include Ncw Brighton, Mounds View, Fridley, <br /> Columbia Heights and Spring Lake Park. <br /> Mayor Aplikowski said the group had accomplished some good things, and a plus is <br /> bringing the office to Mounds View, which is a more central location. <br /> Ms. Wolfe said an Arden Hills voice would allow the chamber leadership a more <br /> cfficicnt tool to approach Arden Hills businesses, and also noted the membership fee <br />. sccmed reasonable. <br /> Councilmember Larson stated his support for this membership. <br /> The consensus of the Council was to direct staff to have Ardcn Hills join the Twin Cities <br /> North Chamber of Commerce. <br /> 2.E Capital Asset Policy <br /> M,'. Parrish stated that to make the City financial reporting consistent with the <br /> requirements outlined in GASB Statement #34, it is necessary to have a Capital Asset <br /> Policy in place. He reviewed the capitalization thresholds, details of how and which <br /> capital assets are reported and depreciated, and articulated the useful life for various <br /> catcgorics of capital asscts. He presented a draft policy for Council review. It was the <br /> consensus of the Council to bring this forward for approval at tbe next Council meeting. <br /> 2.F Transportation Issues <br /> Mr. Parrish said staff wanted to follow-up with concerns brought forth relative to <br /> Hamline A venue. He presented a graphic illustration of thc signal options on Hamline <br /> A venue, which notcd a full service intersection as a potential solution. <br />. <br />