HomeMy WebLinkAbout01-11-2011 Agenda Chair
James Ostlund (2011) 1245 W. Highway 96
Committee Johnson (2011)
�RD IS HILLS Arden Hills, MN 55112
Jeff (2011) _'�� 651.792.7800
Arlene Mitchell (2013) www.ci.arden-hills.mn.us
John Braun (2012) Arden Hills
Katy Peters (2012)
(VacantSeat) (2013) Financial Planning and
Council Liaison
Brenda Holden Analysis Committee
January 11 , 2011
City Vision
A strong community that values its unique environmental setting, strong residential neighborhoods, vital business
community, well-maintained infrastructure, fiscal soundness, and our long-standing tradition as a desirable City in
which to live, work, and play.
Agenda
Regular Committee Meeting Convenes 6:00 PM
Call to Order
1. APPROVAL OF THE AGENDA
2. MINUTES
A. December 14, 2010 - Regular Meeting
3. UNFINISHED AND NEW BUSINESS
A. Continue discussion on developing a TIF policy
.4. REPORTS
A. Report from the City Council
B. Financial Planning and Analysis Committee Comments and Requests
5. ADJOURNMENT
A quorum of the City Council may be present at this meeting.
•
MINUTES
EN HILLS
• FINANCIAL PLANNING&ANALYSIS COMMITTEE
Tuesday, December 14,2010
6:00 P.M.
Council Chambers,Arden Hills City Hall
CALL MEETING TO ORDER AND ROLL CALL
The meeting was called to order by Jim Ostlund at 6:00 pm.
MEMBERS PRESENT: John Braun; Brenda Holden,Council Liaison;Arlene Mitchell;Jim Ostlund;
Katharine Peters,Jeff Johnson(via Speaker Phone)
MEMBERS NOT PRESENT:
OTHERS PRESENT: Sue Iverson;Kyle Howard
Call to Order
1. APPROVAL OF THE AGENDA
Motioned: Arlene Mitchell
Seconded:John Braun
2. APPROVAL OF NOVEMBER 09,2010 MINUTES
Approved as amended
Motioned: Arlene Mitchell
Seconded:John Braun
• 3. UNFINISHED AND NEW BUSINESS
A. Continue discussion on developing a TIF policy
TIF White paper was presented by Jeff Johnson. It was determined that it was needed to let
each member review the white paper individually and then talk about it at the next meeting.
B. Long-Term Financial Forecast Model
Kyle Howard and Sue Iverson explained the functionality and features of the newly acquired
long-term financial forecast model. A short demonstration of the model was presented to the
committee, followed up by a question and answer session to determing what information
needs to be gathered for the model.
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:Jim Ostlund
Seconded: John Braun
Jim Ostlund,Chair Susan K. Iverson,Finance Director
III
City of Arden Hills
1245 West Highway 96•Arden Hills Minnesota 55112
Phone 651.792.7800•Fax 651.634.5137
www.crarden-hills.inn.us
•
AREN HILLS
MEMORANDUM
DATE: January 11, 2011
TO: Financial Planning and Analysis Committee
FROM: Sue Iverson, Director of Finance and Administrative Services
Kyle Howard, Finance Analyst
SUBJECT: Meeting agenda
• Discussion on Developing a TIF policy
One of the items on the 2010 work plan was:
To develop a TIF policy as to what maximum percentage of the City should be in a TIF district.
As we have potential projects that may request TIF assistant, the council would like the committee to
explore and start working on this policy. This will ultimately be done with the EDC, the group has
broken into subcommittees to work on this project and this will be extended into 2011.
Our speaker, Bob Streetar, Community Development Director at Oakdale, was not able to make this
meeting, we will reschedule him to the March meeting. The group will continue having discussions as
committee on this project and"White Paper".
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