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HomeMy WebLinkAbout2003/05/19 - ADMIN - Minutes - Economic Development Authority - RegularA(fhCITYOF ST. LOUIS PARK OFFICIAL MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA May 19, 2003 1. Call to Order Acting President Nelson called the meeting to order at 7:20 p.m. 2. Roll Call. The following Comm issioners were present at roll call: President Jim Brimeyer, Jeff Jacobs, Paul Omodt, Susan Sanger, Sue Santa, Sally Velick, and Acting President Chris Nelson. Also present were the City Manager (Mr. Meyer); Director of Comm unity Development (Mr. Harmening); Economic Development Coordinator (Mr. Hunt); and Recording Secretary (Ms. Samson). 3. Approval of Minutes 3a. Economic Development Authority Minutes of April 21, 2003 The minutes were approved as presented. 4. Approval of Agenda It was moved by Commissioner Jacobs, seconded by Commissioner Sanger, to approve the agenda as presented. The motion passed 7-0. 5. Reports Sa. Motion to accept and file vendor claim report It was moved by Commissioner Jacobs, seconded by Commissioner Sanger, to approve vendor claims. The motion passed 7-0. 6. Old Business: None 7. New Business EDA M eeting M inutes -2- May 19, 2003 7a. Wolfe Lake Commercial Tax Increment Finance District EDA Resolution No. 03-04 Economic Development Coordinator Greg Hunt said the resolution being considered tonight is requesting the Economic Development Authority (EDA) to formally initiate the process of creating the Wolfe Lake Commercial Tax Increment Finance (TIF) District within Redevelopment Project No. 1 by calling for a public hearing on the matter. It is proposed that the district include one re-platted parcel at the northwest comer of West 36" Street and Belt Line Boulevard. Mr. Hunt said Staff is recommending approval of the resolution as presented. It was moved by Commissioner Jacobs, seconded by Commissioner Sanger, to adopt EDA Resolution No. 03-04 requesting the City Council to call for a public hearing on the establishment of the Wolfe Lake Commercial Tax Increment Financing District (A Redevelopment District). The motion passed 7-0. 8. Communications: None 9. Adjournment Acting President Nelson adjourned the meeting at 7:25 p.m. jg a.r,. ska»