HomeMy WebLinkAbout1998/07/20 - ADMIN - Minutes - Economic Development Authority - Regular3 C A N N E D
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ST. LOUIS
PA R K
MIN U TES
EC O N O M IC DE VE LO P M E N T AU TH O RI TY
ST . LO U IS PARK , M INNE SO TA
July 20, 1998
1. C all to O rder:
President Jacobs called the meeting to order at 7: 15 p.m.
2. R oll C all
3.
The following Commissioners were present at roll call: Jeff Jacobs, Chris Nelson, Sue
Sanger, Ron Latz, Robert Young, and Jim Brimeyer.
Also present were the Executive Director (Mr . Meyer), Director of Community.
Development (Mr . Harmening), Economic Development Coordinator (Mr . Anderson),
and EDA Attorney (Mr . Bubul).
A pp roval of m inutes of July 6, 1998 m eetin g
The minutes were approved as presented.
4. A pproval of agenda of July 20, 1998 m eeting
It was moved by Commissioner Nelson, seconded by Commissioner Young, to accept the
report for filing. The motion passed 6-0.
5. R eports - N one
6. O ld B usiness
6a . R eport on Status of F rauenshuh/T IF Proposal
David Anderson, Economic Development Coordinator briefly outlined a request by
Frauenshuh Companies for additional time to review financing options and complete the
final proposal for development of the southwest and northwest quadrants of Highway 7
and Louisiana Avenue. Staff expects to bring a final development package back to the
EDA at its meeting on August 3, 1998.
Councilmember raised a question about other TIF districts that weren't previously
discussed.
Mr . Anderson explained the current concept for the intense development and stated that
looking at future intensities may be examined and included in the plan. He indicated that
a soil condition tax increment district, city owned property, environmental response or tax
abatement may be potential funding options.
Councilmember Brimeyer stated that if the soil condition approach was used that it could
be applied to the Northwest quadrant also.
7. New Business - None
8. Communications and Bills
Sa. Vendor Claims
It was moved by Commissioner Nelson, seconded by Commissioner Young, to approve
and authorize payment. The motion passed 6-0.
9. Adjournment
It was moved by Commissioner Nelson, seconded by Commissioner Young, to adjourn
the meeting at 7 .25 p.m. The motion passed :-0. !:7 )
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