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HomeMy WebLinkAbout1999/11/01 - ADMIN - Minutes - Economic Development Authority - RegularAUA CITYOF ST LOUIS PARK OFFICIAL MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA November 1, 1999 1. Call to Order President Y oung called the meeting to order at 7: 25 p. m. 2. Roll Call T he fo llow ing C om m issioners w ere present at ro ll call: Jim Brim eyer, Jeff Ja cobs, Chris N elson, Ron L atz, Sue Santa, and President Robert Young. A lso present w ere the Executive D irector (Mr . M eyer); Econom ic D evelopment Coordinator (M r. K leve); and Recording Secretary (M s. Ol son). 3. Approval of Minutes a. Approval of Economic Development Authority minutes of October 18, 1999 meeting T he minutes w ere appro ved as presented. 4. Approval of Agenda ) 4a. Approval of agenda of November 1, 1999 meeting It w as moved by C om m issioner N elson, seconded by Com m issioner Santa, to appro ve the agenda. The m otion passed 6-0. 5. Reports 5a. Vendor Claim Report It w as moved by C om m issioner N elson, seconded by Com m issioner Latz, to accept the report for fil ing. The motion passed 6-0. 6. Old Business - None 7. New Business 7a. CSM/Rottlund Project at Zarthan and 16th Street. EDA Resolution No. 99-17 Mr . K leve, C om m unity D evelopm ent D irector presented a staff report. It w as moved by C om m issioner Latz, seconded by Com m issioner Ja cobs, to adopt a resolution requesting the C ity Council to call fo r a public hearing on the establishm ent of the Zarthan Ave./16th Street Increm ent Financing D istrict (A Redevelopm ent D istrict). The motion passed 6-0. EDA Minutes -2- November 1, 1999 7b. Business Subsidy Policy - Public Hearing President Young opened the public hearing. Mr. Kleve, Community Development Director presented a staff report; President Young closed the public hearing with the right of the EDA to reopen it at a future date. Commissioner Nelson noted that he was opposed to this policy because for the City's primary redevelopment tool, the use of tax increment financing, this was irrelevant and it didn't assist us in the City's business. His opposition was symbolic because the Council had to pass this policy according to State law. It was moved by Commissioner Jacobs, seconded by Commissioner Brimeyer, to adopt a Business Subsidy Policy for the St. Louis Park Economic Development Authority. The motion passed 6-0. 8. Communications and Bills - None 9. Adjournment It was moved by Commissioner Nelson, seconded by Commissioner Brimeyer, to adjourn the meeting at 7:34 p.m. The motion passed 6-0. ,12. 2> .3.. Secretary