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HomeMy WebLinkAbout09-09-10 MINUTES BEN HILLS SFINANCIAL PLANNING &ANALYSIS COMMITTEE Thursday, September 9,2010 6:00 P.M. Second Level Conference Room,Arden Hills City Hall CALL MEETING TO ORDER AND ROLL CALL The meeting was called to order by Jim Ostlund at 6:00 pm. ff Arlene MEMBERS PRESENT: John Braun;Brenda Holden,Council Liaison;Je Johnson;, Mitchell;Jim Ostlund;Katharine Peters MEMBERS NOT PRESENT: OTHERS PRESENT: Meagan Beekman; Sue Iverson;Patrick Klaers;John Mehrkens, Senior Housing Partners; Stacie Kvilvang;Joe Rueb Call to Order 1. APPROVAL OF THE AGENDA Motioned: Arlene Mitchell Seconded: John Braun 2. APPROVAL OF JUNE 8,2010 MINUTES Motioned: John Braun Seconded: Arlene Mitchell 3. UNFINISHED AND NEW BUSINESS A. Review Presbyterian Homes Renewal and Renovation TIF Request Ostlund noted a potential conflict of interest with the project as his wife is employed by Presbyterian Homes& Services and the architect is a client of his. John Mehrkens offered,upon request,to provide additional information on previous projects that TIF was used by Presbyterian Homes& Services. The TIF run was only calculated on one of the two parcels of property. Kvilvang will re- run the TIF run calculating both parcels. A motion was made that Council approve TIF for Presbyterian Homes& Services with or without the library. Motioned:Jeff Johnson Seconded: Arlene Mitchell Johnson recommended that the FPAC create a long term policy regarding TIF. The policy would be used to set criteria and priority for future projects. A motion was made that a Long Term Policy for TIF is added to the October FPAC meeting. This discussion may need to include the EDC. Motioned: Jeff Johnson Seconded: John Braun S City of Arden Hills 1245 West Highway 96•Arden Hills Minnesota 55112 Phone 651.792.7800•Fax 651.634.5137 www.ci.arden-hills.mn.us Chair Initial Finance Dir.Initial „ MINUTES EN HILLS • B. 2009 Comprehensive Annual Financial Report(CAFR), Special Purpose Audit and Management Reports These reports were provided for information purposes only. 4. REPORTS A. Report from the City Council Holden provided an update on previous Council actions and activities. B. Financial Planning and Analysis Committee Comments and Requests 5. ADJOURNMENT Motioned: Jeff Johnson Seconded: John Braun Jim Ostlund,Chair Susan K.Iverson,Finance Director • H � • City of Arden Hills 1245 West Highway 96•Arden Hills Minnesota 55112 Phone 651.792.7800•Fax 651.634.5137 www ci.arden-hills.mn.us Chair Initial Finance Dir.Initial