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Regular City Council Meeting Monday, August 8, 2016 Page 8 Roll Call Ayes: Willmus, Laliberte, Etten, McGehee and Roe. Nays: None. 11. Presentations a. Receive Presentation and Discuss Creating a Public Finance Policy with Eco- nomic Development Representatives from Ehlers, Inc. Interim Community Development Director Kari Collins referenced the RCA as a preamble to tonight's presentation. Ms. Collins introduced Stacie Kvilvang & Ja- son Aarsvold of Ehlers, Inc. Ms. Kvilvang provided a historical background of the Ehlers firm, a Roseville business located on Cleveland Avenue, and a brief personal biography and specif- ic expertise of she and Mr. Aarsvold in the public finance field. With both of them having experience from their previous employment with economic and community development in the City of Brooklyn Park, MN, Ms. Kvilvang noted that municipality had also followed a similar route as that of Roseville in moving from a Housing & Redevelopment Authority to an EDA. Ms. Kvilvang's presentation included a project overview for the newly-created REDA and initial requirements and development of necessary policies, and bene- fits in having the City Council directly involved in the REDA. Ms. Kvilgang re- viewed those policies required by state statute subsequently informing the direc- tion to staff on what projects the REDA would like to assist specific to develop- ment/redevelopment priorities. Ms. Kvilvang noted this would allow staff to weed out projects not meeting REDA goals; and for those projects that may be considered borderline, would allow staff to bring them forward to the REDA at a work session. Ms. Kvilvang noted this process and established policies would al- so provide developers with an understanding of REDA expectations. Ms. Kvilvang reviewed business subsidies as per state statute and criteria, includ- ing tax increment financing as it had evolved over a number of years and tax abatement. Ms. Kvilvang noted twenty-three exemptions under those subsidies that would be part of the consideration for policy development. In conclusion, Ms. Kvilvang reviewed a spreadsheet of homework questions for individual REDA members (attachments A and B) to submit to staff by August 17, 2017 to allow collation of the information and prepare for the August 29. 2016 REDA meeting and discussion at that time. Ms. Kvilvang asked the REDA to consider additional information not included in the spreadsheet: 1) Will you waive city fees (park dedication fees, trunk charges, water access (WAC) or sewer access charges (SAC), building permit fees;