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HomeMy WebLinkAbout10-12-10 MINUTES SIN HILLS FINANCIAL PLANNING & ANALYSIS COMMITTEE Tuesday, October 12, 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 6:04 pm. MEMBERS PRESENT: John Braun; Brenda Holden, Council Liaison; Jeff Johnson; Arlene Mitchell; Jim Ostlund; Katharine Peters MEMBERS NOT PRESENT: OTHERS PRESENT: Sue Iverson; Joe Rueb Call to Order 1. APPROVAL OF THE AGENDA Motioned: Arlene Mitchell Seconded: Jeff Johnson 2. APPROVAL OF SEPTEMBER 901€ : TES • Approved as amended Motioned: Jeff Johnson Seconded: Arlene MitchelI 3. UNFINISHED ANDNENVBUSINESS A. Discussion on 40.Velopingli TIF policy The Committee cited two subcommittees to discuss separate topics of the TIF policy. One sub&Onmittees (Johnson; Mitchell; Peters)will discuss "Why or Why Not TIF?". The other subcommittees (Braun;Ostlund) will discuss "What level of TIF is appropriate?". The subcommittees will meet outside of regular meeting times and will bring back information for further discussion. The Committee will need to meet with the Economic Development Commission (EDC)to further discuss the policy. Eventually the Committee should also discuss TCAAP and the impact it will have on the policy. A goal would be to figure out"What is the City getting out of giving TIF"? Iverson or Rueb will request information from other cities upon request from committee members. The Committee would like Jill Hutmacher, Community Development Director, to attend the November meeting. i 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 DEN_ HILLS • 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 Future discussion topic: 1. Trinity Lutheran Church property 2. 2010 Work Plan (November) 3. Business Subsidy Policy 5. ADJOURNMENT Motioned: John Braun Seconded: Arlene Mitchell Jim Ostlund, Chair Susan ` Verson, Finance Director • • City of Arden Hills 1245 West Highway 96•Arden Hills Minnesota 55112 Phone 651.792.7800•Fax 651.634.5137 a ww.ci.arden-hills.mn.us Chair initial Finance Dir.Initial