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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />RHRA Meeting <br />Minutes — Monday, August 29, 2016 <br />Page 2 <br />market research would be in conjunction with and to assist with the <br />comprehensive plan update. <br />Mayor Roe noted another purpose of the market study was to inform economic <br />development strategies, based on his recollection of past discussions, and <br />confirmed by Ms. Kelsey <br />Referencing the April 5, 2016 memorandum from Finance Director Chris <br />Miller to Community Development staff (Attachment A), Member Etten asked <br />staff to expound on remaining funds of $600,000 in:.Tax Increment Financing <br />District No. 12 (Arona site), in addition to an-ad�clitional $160,000 collectable <br />in 2016, with the District scheduled for decertification at the end of 2016 and <br />potential uses the REDA could capitalize on"before that occurred. <br />Ms. Kelsey advised that the REDA maywant to use some,of the funds for the <br />Dale Street project, as the fund� were eligible for acquisition purposes. If <br />fiirther consideration was desired" by the REDA, Ms. Kelsey advised that the <br />REDA would need to amend the district,�;s other;uses were not'available at this <br />time. <br />McGehee moved, Willmus seconded, autliorizing the fonnal transfer of <br />$81,500 from Housing Replaceinent/Single Family Construction Program <br />Fund (Account 720) to the EDA General , Operating Fund (Account 723) to <br />fiind 2016 F'roactiye Economic Development Priorities. ' <br />Ayes: M <br />Nays: N <br />Economic <br />Policy <br />staff report <br />spreadsheet <br />members. <br />Roe, Lalzlierte, and Etten <br />nent Financing Policy Discussion <br />Developinent Director Kari Collins introduced Economic <br />ltant Stacie Kvilvang and Jason Aarsvold of Ehlers, Inc. <br />provided by the REDA for development of a Public <br />id solicit additional input where more refinement was <br />their presentation, two bench handouts were added to the <br />ng nine questions or policy discussion points and a <br />�g and summarizing all responses from individual REDA <br />As part of her presentation, Ms. Kvilvang reviewed the spreadsheet and draft <br />ranlcing criteria, and noted areas of consensus and those nine areas still needing <br />clearer direction. Ms. Kvilvang reviewed EDA statutory requirements as part <br />of those REDA priorities. Ms. Kvilvang reviewed areas of agreement, noting <br />quality of jobs was a priority while job retention had not been a huge priority, <br />suggesting quality was more important; and the consensus was that those jobs <br />