Laserfiche WebLink
<br />MINUTES <br /> <br />-- <br />~IDLLS <br /> <br />FINANCIAL PLANNING & ANALYSIS COMMITTEE <br />Tuesday, July 8, 2008 <br />6:00 P.M. <br />Upstairs Conference Room, Arden Hills City Hall <br /> <br />CALL MEETING TO ORDER AND ROLL CALL <br /> <br />The meeting was called to order by Scott Bronson at 6:00 p.m. <br /> <br />MEMBERS PRESENT: Scott Bronson; Stan Harpstead, Council Liaison; Al Hilgers; <br />Jeff Johnson; Maurice Gieske; Jim Ostlund <br />MEMBERS NOT PRESENT: <br />OTHERS PRESENT: Sue Iverson, Finance Director; Joe Rueb, Accounting Analyst; <br />Arlene Mitchell, Communication Committee Member <br /> <br />Call to Order <br />1. APPROVAL OF THE AGENDA <br />Motioned: Jim Ostlund <br />Seconded: Al Hilgers <br /> <br />2. APPROVAL OF June 10, 2008 MINUTES as amended <br />Motioned: Maurice Gieske <br />Seconded: Al Hilgers <br /> <br />3. UN-PINISHED AND NEW BUSINESS <br />A. Tax Increment Financing Overview <br />Finance Director, Iverson, presented a packet of information regarding Tax <br />Increment Financing. Iverson reviewed St. Louis Park's policy. Many cities <br />use other cities' policies as a base policy and customize it to their cities goals <br />and objectives. <br />B. Business Subsidy Policy <br />Does this policy fit in with our community? Does this policy go along with <br />our City's values? The committee would like to further discuss this policy. <br />St. Louis Park's Business Subsidy Policy was requested for review. <br />C. 2007 Financial Statements <br />Harpstead discussed the 2007 CAFR findings. <br />D. Joint Meeting/Picnic with Other City Committees/Commissions <br />- July 22, 2008 6:30 p.m. <br /> <br />City of Arden Hills <br />1245 West Highway 96 · Arden Hills Minnesota 55112 <br />Phone 651.792.7800 · Fax 651.634.5137 <br />www.ci.arden-hills.n1l1.us <br />