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• <br /> AREN HILLS <br /> MEMORANDUM <br /> DATE: January 11, 2011 <br /> TO: Financial Planning and Analysis Committee <br /> FROM: Sue Iverson, Director of Finance and Administrative Services <br /> Kyle Howard, Finance Analyst <br /> SUBJECT: Meeting agenda <br /> • Discussion on Developing a TIF policy <br /> One of the items on the 2010 work plan was: <br /> To develop a TIF policy as to what maximum percentage of the City should be in a TIF district. <br /> As we have potential projects that may request TIF assistant, the council would like the committee to <br /> explore and start working on this policy. This will ultimately be done with the EDC, the group has <br /> broken into subcommittees to work on this project and this will be extended into 2011. <br /> Our speaker, Bob Streetar, Community Development Director at Oakdale, was not able to make this <br /> meeting, we will reschedule him to the March meeting. The group will continue having discussions as <br /> committee on this project and"White Paper". <br /> • <br />