2019-08-12 EDA Minutes (signed) - Laserfiche WebLink

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REDA Meeting Minutes—Monday,August 12,2019 Page 2 Motion carried. Etten moved, Groff seconded, adoption of REDA Resolution No. 49 entitled, "Resolution Authorizing an Interfund Loan for Advance of Certain Costs in Connection with Tax Increment Financing District No. 22: Twin Lakes II." Ayes: 5 Nays: 0 Motion carried. b. Adopt Resolution Requesting a Preliminary Levy Collectible in 2020 Community Development Director Janice Gundlach provided a brief summary of this request as detailed in the staff report and attachments dated August 12, 2019. Ms. Gundlach noted the preliminary levy proposed for 2020 is $463,400. This is a decrease of $10,260 from the 2019 levy. The levy amount represents a zero impact to the taxpayer even after factoring in the valuation increases that are currently estimated at 6.7%. Member Groff asked who staff sees using the Open to Business program and what is the need for that in Roseville. Ms. Gundlach thought some ideas she has heard floating around through the years is anything from façade improvements for aging commercial spaces, other examples are various other funding that can be leveraged through other loans a business may need. Her recommendation would be for the EDA to speak with Open to Business and their staff, which is in virtually every county except Ramsey County, to have them share their experiences with the EDA about where those funds could most be used by the business community. President Roe indicated he was involved in conversations with the Roseville School District related to their funding of their Career Navigator position. That position is not currently funded in the school district's operating levy situation and is a concern. The school district is looking for a potential source of funding for that. He wanted to share that with the EDA to think about as to whether it is something that might be considered as an economic development program the EDA might be interested in partnering with the district in some manner on. He noted he was not suggesting the EDA do that at this time but wanted to put it out there for the EDA's consideration. Member Willmus explained his only concern with that is placing an additional levy on the City of Roseville taxpayers for a position that the city would be subsidizing. Roseville schools is much broader than the City of Roseville and other municipalities are served by the school district. If the city were to look at