Laserfiche WebLink
<br /> ~ ~~ ~1 .. <br />ARDEN HILLS SPECIAL EDA MEETING - SEPTEMBER 22, 1997 4 <br />MOTION: Malone moved and Keim seconded a motion that the Arden Hills EDA approve . <br /> the Developmcnt Agrcement between the City of Arden Hills and Welsh <br /> Development Company, LLC, with thc following amendments: 50% of any <br /> excess tax increment funds to be undcr authority of the City, with rcvisitation at <br /> the completion of all buildings to determine if that percentagc can be increased; <br /> and subjcct to compliancc with all conditions as stated. Thc motion carried <br /> unanimously (4-0). <br />ADJOURN <br />MOTION: Malonc movcd and Keim seconded a motion to adjourn the Special Economic <br /> Devclopment Authority meeting at 11 :05 p.m. The motion carried un'animously <br /> (4-0). <br />Dennis Probst Brian Fritsinger <br />Prcsident Sccretary- Treasurer <br /> - <br /> e <br />