HomeMy WebLinkAbout1991/08/26 - ADMIN - Minutes - Economic Development Authority - RegularM IN UTE S
ECONOM IC DEVELO PM ENT AUTHOR IT Y
ST . LO U IS PA RK , M IN NESOTA
A ugust 26 , 1991
ROFILMED
l. Call to order
l
)
The meeting convened at 9:00 p.m.
Present were: Jeff Jacobs, George Haun, Lyle Hanks, Larry Mitchell
and Jane Tschida.
Also present were the Executive Director, City Attorneyand Director
of Community Development.
3. 19 92 EDA budget
Discussion centered on the issues relating to the 19 92 EDA budget.
The Authority provided the following direction:
In response to an Aug. 20me from staff pertaining to issues - 19 92
budget:
l. Staff is to seek approval from Hennepin County to delay that part
of the traffic signal upgrade on Excelsior Blvd. not related to Tower
Place so that the traffic signal upgrade and the accompanying streetscape-
landscape improvements can occur after the first phase of the Tower
Place project is completed.
2. Staff is not to budget for acquisition of any single family parcels
in the Wolfe Park redevelopment area, but the Authority is willing
to consider such opportunities if and when they exist.
3. Streetscape improvements from Inglewood to Hwy. 100 along Minnetonka
Blvd. are not to be budgeted in 19 9 2 . Instead, the triangle upgrade
wi 11 be planned for 19 92 and s treetscape improvements considered
thereafter.
4. Staff will develop some alternatives regarding funding arrangements
with the School D.istrict so that the "TIF payment" can be viewed within
the context of other considerations such as payments for Community
Education.
Based on the above direction, it was understood that staff would proceed
with preparing the proposed 19 92 EDA budget.
The meeting adjourned at 9:40 p.m.
t
=J
Mk,o
y 1cer