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ARDEN HILLS CITY COUNCIL WORK SESSION — OCTOBER 13, 2025 17 Councilmember Holden said Staff s recommendation has worked in the past and she thinks we should continue, as Staff recommended. It's safer for Staff who may be driving on dark icy roads. She is okay with letting meetings end at 10:00 pm. Mayor Grant is in favor of Staff s recommendation. It makes it easier for them to plan. He asked if Councilmember Monson wanted to weigh in. Councilmember Monson said you have three. Mayor Grant stated that would be true but he values her opinion. Councilmember Monson said it's fine. She's fine with whatever and fine with the majority. Mayor Grant asked that this item be placed on the next Council meeting agenda. D. Affordable Housing Policy Discussion Mayor Grant asked for Council's opinion on beginning this discussion as 8:30 pm is a hard stop for this evening. Councilmember Weber really wants to dive into this discussion and he doesn't want to miss it. He also wants to give it the time it needs. He would prefer to push it. Councilmember Rousseau said she would prefer to have all five members present for this conversation. Community Development Director Reilly asked if there are any questions from Council that could be covered in the time remaining, without diving into the full discussion. Councilmember Holden said it sounds like we have a major problem. How can we catch up when people purchase the affordable homes, fix them up and sell them at a price that is no longer affordable? We'll never be caught up. She wants to know where the numbers come from and how Met Council comes up with them. There isn't anything in the information about costs. What do we lose in property tax? Where does the money come from? Every affordable home only pays 25% of the property tax. How does that work? We don't want to lose money. Councilmember Rousseau said the information related to residential land lists the multi -family units. What percentage of the multi -family units in our community restrict ages? She thinks we've had a lot of 55 plus communities. She noted the median home sale value was $460,000. Are we getting both sides of that median, with the housing inventory we have. Do we have attractive options on both sides of the spectrum? Mayor Grant said he wants to know what it costs the City. There are a variety of tools. Someone must pick up that cost. It is important for Council to understand the cost, as well as the tools available. He would like to see where we are in terms of affordable housing. He would like to see that in a historical context. Are we the affordable housing leaders when compared to surrounding communities? Whatever we are today, it will change when TCAAP happens. He would like to see how that will blend.