HomeMy WebLinkAbout02-25-13 It
�-A QEEN HILLS
Approved: April 29, 2013
CITY OF ARDEN HILLS, MINNESOTA
ECONOMIC DEVELOPMENT AUTHORITY MEETING
FEBRUARY 25,2013
IMMEDIATELY FOLLOWING REGULAR CITY COUNCIL
ARDEN HILLS CITY HALL
CALL TO ORDER/ROLL CALL
Pursuant to due call and notice thereof, President Grant called to order the Economic
Development Authority meeting at 7:29 p.m.
Present: President David Grant; Commissioners Brenda Holden, Fran Holmes,
Dave McClung, and Ed Werner
Absent: None
Also present: Secretary Patrick Klaers; Executive Director Jill Hutmacher; and Deputy
Clerk Amy Dietl
1. APPROVAL OF AGENDA
MOTION: Commissioner Holmes moved and Commissioner Holden seconded a motion
to approve the meeting agenda as presented. The motion carried
unanimously (5-0).
2. APPROVAL OF MINUTES
A. January 28, 2013, Special EDA meeting
MOTION: Commissioner Holden moved and President Grant seconded a motion to
approve the January 28, 2013, special Economic Development Authority
meeting minutes as presented. The motion carried unanimously (5-0).
ARDEN HILLS EDA MEETING—FEBRUARY 25, 2013 2
3. CONSENT CALENDAR
None.
4. NEW BUSINESS
None.
5. UNFINISHED BUSINESS
A. Tax Increment Financing and Business Subsidy Policy
Community Development Director Hutmacher stated that Stacie Kvilvang from Ehlers &
Associates attended the City Council work session on August 20, 2012, and discussed priorities
for public financing assistance. She noted that Council discussion at that meeting helped develop
the Public Financing Priority Framework as well as the Business Subsidy Policy; both of which
were included in the agenda packet for tonight's meeting.
Stacie Kvilvang, Ehlers & Associates, presented information on the Public Financing Priority
Framework. She reviewed the ranking criteria that she compiled based upon Council discussion
at the August 20, 2012, work session. She noted that the predetermined ranking criteria will
assist the City in determining how to award business subsidies.
Ms. Kvilvang handed out and reviewed several examples of the grading and report cards for
potential redevelopment projects. The examples illustrated how each project would rank based
on the point values which are determined by the ranking criteria.
Discussion ensued regarding the various report card scoring factors.
Ms. Kvilvang discussed the draft copy of the Business Subsidy Criteria and City Public
Financing Guidelines.
Discussion took place regarding the analysis of TIF and Total Tax Capacity.
Council consensus was to remove the City of Mounds View from the chart comparing the five-
county area urban cities with populations between 8,000 and 50,000 and to have staff recalculate
the numbers.
City Administrator Klaers stated that staff will re-do the numbers and will bring it back to the
April 29, 2013, EDA meeting for further discussion.
6. EDA COMMISSIONER COMMENTS
None.
ARDEN HILLS EDA MEETING—FEBRUARY 25, 2013 3
7. ADJOURN
MOTION: President Grant moved and Commissioner Holden seconded a motion to
adiourn the Economic Development Authority meeting. The motion carried
unanimously (5-0).
President Grant adjourned the special Economic Development Authority meeting at 9:12 p.m.
Patrick Klaers David Grant
Secretary EDA President
It'
--S EN HILLS
Request for Special Economic Development Authority (EDA) Meeting
A special meeting may be called by the President of the EDA or by any two EDA Members.
Reason for meeting: Discuss Business Subsidy and Tax Increment Financing (TIF)
Requested Date: 2/25/13
Requested time: Immediately following the regular City Council meeting.
Open meeting X Closed meeting
Signature .f person(s) making request:
a
Z 6/"3
President or EDA Member Date
I
EDA Member Date
-This section to be completed by City staff-
Date received:./ a / 13
Date meeting to be held: 2/25/13
Time of meeting: Immediately following the regular City Council meeting.
Location: Council Chambers, City Hall
All necessary posting and notices have been completed.
Signature of DepQ ty Clerk Date
City of Arden Hills + 1245 West Highway 96 Arden Hills,MN + 55112-5743
Phone 651.792.7800 * Fax 651.634.5137 www.ci.arden-hills.mn.us