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HomeMy WebLinkAboutEDC 02-04-2005 ~ . ~HILLS CITY OF ARDEN HILLS, MINNESOTA ECONOMIC DEVELOPMENT COMMISSION FEBRUARY 4, 2005, 7:00 A.M. CITY HALL 2ND FLOOR CONFERENCE ROOM, 1245 WEST HIGHWAY 96 Chainnan Kunkel called the meeting to order at 7:00 a,m. Those in attendance: Chair Bruce Kunkel, Mayor Aplikowski, Commission members Kevin Kelly, Ray McGraw, Chris Ashbach, Jim Paulet and Ed Werner. Dale Beane: Staff: Scott Clark: The minutes of the January 28,2005 meeting were agreed to without corrections. Clark gave a detailed discussion as to where the TCAAP project was at with the various parties. He also stated that the Planning Commission approved the TCAAP Framework Plan on Feb. 2, 2005. Clark then reviewed a document prepared by the City's Finance Director regarding how local services would be paid for since a tax increment district would not allow newly fonned taxes to flow to the City's general fund. After review they asked that the Finance Director be at the next mceting to discuss options. It was recognized that the City will have to address this issue as part of the Master Development Agreement process. . Ray McGraw discussed a series of concerns regarding the policies. One issue that was raised and clarified was that the EDC's role is to prepare a document that will serve as a policy framework and that this is not a contract between the City and developer. Chainnan Kunkel asked everyone to discuss where they were at in process. Some key points of the discussion were: Making sure that the policies separate public financing rrom the local developmen. costs necessary to serve the TCAAP site, ensuring that in neither case should Arden Hills residents pay for services, clarifying points in the existing draft policy plan, discussions on big of a project this is and the complexity of the issues given to thc EDC, the need to have a watch do committee. Kunkcl then went through the draft policy document and modifications, as stated in the meeting, will be presented at the next mceting. It was agreed to that the EDC would finalize a report that would be distributed to the City Council on February 22,2005. Due to this a special night meeting will be arranged to read and discuss a final report. The next meeting will be at 6:00 p.m. on February 15,2005. Meeting adjourned at 9:00 a.m, .