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<br /> I <br />Memorandum - I-35W Corridor Coalition I <br />Page Two - November 14,1996 -I <br />2, Membership (page 4) <br /> Initial membership has been expanded to include the City of Blaine, Minneapolis <br /> and Circle Pines are also expected to adopt a resolution of participation in the near I <br /> future, In addition, the Cities of Lexington and Lino Lakes have been approached <br /> as potential participants. <br />" Financial Matters (page 7) I <br />~. <br /> The initial participation as part of the Coalition had no financial commitment for <br /> Arden Hills other than staff time. The Joint Powers Agreement outlines the need I <br /> for an initial budget which is detailed in Exhibit 2, <br /> The total proposed budget for 1997 is $80,340, This budget includes the hiring of I <br /> a management firm to administer the activities of the Coalition, and a formula for <br /> sharing the costs related to the activities of the Coalition. <br /> a, Manal!ement I <br /> The steering committee recognized that the oversight of the organization I <br /> cannot be accomplished through the use of existing staff, The committee <br /> has recommended the hiring of Strauss Management Company to act as <br /> administrator for the Coalition, The Management Services Agreement eI <br /> prepared by Strauss Management Co. is outlined in Exhibit 3. <br /> b, Arden Hills' Costs I <br /> The cost to participate in the Coalition for calendar year 1997 is estimated <br /> to be $4,347, plus staff time, This cost is determined based on a formula <br /> of splitting the overall cost on a 50/50 basis between the population of I <br /> each community and its Net Tax Capacity, The steering committee has <br /> established a $1,500 minimum and a $15,000 maximum contribution by a <br /> community to become a participant in the Coalition, I <br />Other Issues <br />The Coalition is proposed to be formed as a 501 C6 organization, By-Laws further defining the I <br />operating procedures of the organization will be created upon final approval of the Joint Powers <br />Agreement by each City. The steering committee has met with representatives from the I <br />Metropolitan Council on several occasions to discuss the Coalition's efforts, Met Council has <br />recognized the uniqueness of the Coalition and has identified it as an opportunity to use it as a <br />vehicle to promote some of the broader Met Council goals, Hopefully, this will result in I <br />financial assistance, but no funds have been provided to-date. <br />Requested Action I <br />The Council is asked to consider the continued support for participation in the I-35W Corridor <br />Coalition, and provide any feedback to staff which can be incorporated into a final action request .. <br />later this year, <br /> I <br />