HomeMy WebLinkAbout1997/01/21 - ADMIN - Minutes - Economic Development Authority - Regular> )
j
ffhCIITOF
ST. LOUIS
PARK
M IN U T E S
E C O N O M IC D E VE L O P M E N T A U T H O RI T Y
ST . L O U IS PA RK , M IN N E SO T A
January 21, 1997
I. Call to Order
President Jacobs called the meeting to order at 7:05 p.m.
2. Roll call
The following Commissioners were present at roll call: Jeff Jacobs, Beverly Flanagan, Sue
Sanger, Ron Latz, Robert Young, Gail Dorfman, Jim Brimeyer.
Also present were the Executive Director (Mr. Meyer); City Attorney (Mr. Fuchs); Deputy City
Attorney (Ms. Kutzler); Director of Community Development (Mr. Harmening); City Clerk (Ms.
Larsen)
3. Approval of minutes of January 6. 1997 meeting
l
)
There being no corrections or amendments, the minutes were approved as presented.
4. Approval of agenda for January 2], 1997
It was moved by Commissioner Dorfman, seconded by Commissioner Latz, to approve the
agenda. The motion passed 7-0.
5. Reports None
6. Old business
a. Annual referendum levy payment to Independent School District #283
Commissioner Dorfman noted that there was some misunderstanding on the part of some
residents that the taxes generated by the development projects do not go to the schools. In this
case the City is reimbursing the School District, as it has done since 1992, for a portion of these
TIF proceeds.
President Jacobs said this is also a reflection of the cooperation between the School District and
the City.
It was moved by Commissioner Dorfman, seconded by Commissioner Latz, to approve the
payment of $488,686.98 to Independent School District #283 representing tax increment
pro ceeds genera ted in 1996 in the Excelsior Bl vd. an d Oak Par k Vill age Tax Increm ent
Finan cing Districts as a result of th e School District's Refe rendum Levy Authority
The m otion passed 7-0.
b. EDA authorization for undertaking Phase I of the master planning effort for Town
Center East
Resolution EDA 97-02
It was moved by Commissioner Sanger, seconded by Commissioner Brimeyer, to adopt
Resolution EDA 97-02 entitled "Resolution authorizing Phase I of the master plan study for
Town Center East and the transfer of tax increment funds to defray the cost of said study."
The motion passed 7-0.
7. New business None
8. Communications and Bills
a. Monthly financial report
It was moved by Commissioner Sanger, seconded by Commissioner Dorfman, to receive the
report for filing. The motion passed 7-0.
b. Vendor claims
It was moved by Commissioner Dorfman, seconded by Commissioner Brimeyer, to approve and
authorize payment. The motion passed 7-0.
9. Adjournment
It was moved by Commissioner Brimeyer, seconded by Commissio
7:20 p.m. The motion passed 7-0. /
I
Executive Director
J
Presi