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<br /> Oi(AfT <br /> MINUTES <br /> CITY OF ARDEN HILLS, MINNESOTA <br /> ECONOMIC DEVELOPMENT AUTHORITY MEETING <br /> . NOVEMBER 24, 1997 <br /> 7:28 P.M. - NEW BRIGHTON COUNCIL CHAMBERS <br /> CALL TO ORDERIROLL CALL <br /> Pursuant to due call and notice thereof, President Dennis Probst called to order the <br /> Economic Development Authority (EDA) meeting at 7:28 p.m. <br /> Present: President Dennis Probst, Commissioners Beverly Aplikowski and Dale <br /> Hicks <br /> Absent: Commissioners Susan Keirn and Paul Malone <br /> Also present were Secretary/Treasurer, Brian Fritsinger; Public Works Superintendent, <br /> Dwayne Stafford; Controller, Terry Post; Administrative Secretary, Sheila Stowell; and <br /> Recording Secretary, Ruth McLaurin. <br /> APPROVAL OF MEETING AGENDA <br /> MOTION: Aplikowski moved and Hicks seconded a motion to adopt the agenda for the <br /> November 24, 1997, Economic Development Authority meeting as presented. The <br /> . motion carried unanimously (3-0). <br /> APPROVAL OF MINUTES <br /> A. October 27, 1997 Regular Meeting <br /> MOTION: Aplikowski moved and Hicks seconded a motion to approve the October 27, 1997 <br /> Economic Development Authority Meeting minutes as presented. The motion <br /> carried unanimously (3-0). <br /> UNFINISHED AND NEW BUSINESS <br /> A. EDA Res. #97-02, Ratifying Modification of Development Program and Tax <br /> Increment Financing Plans <br /> Mr. Brian Fritsinger, Secretary/Treasurer, noted that on April 14, 1997, the City Council adopted <br /> Resolution #97-18, which transferred the control, authority and operation of the Development <br /> Districts and Tax Incrcment Financing (TIF) Districts to the Economic Development Authority <br /> (EDA). On May 27, 1997, the City Council also adopted Resolution #97-28, approving <br /> modifications to the Development Program for the Development District and the Tax Increment <br /> Financing Plans. <br /> . Mr. Fritsinger pointed out that at the time, the EDA did not finalize those actions taken by the <br /> City Council. Therefore, prior to the issuance of the General Obligation Tax Increment Financing <br />