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5. MEMBER / STAFF UPDATE <br />5.01: Dissolution of the Ramsey HRA <br />City Administrator Ulrich presented the staff report regarding dissolution of the Ramsey HRA. <br />City Administrator Ulrich noted the effective date is January 1, 2015. He stated it was originally <br />a separate levy authority that was an opportunity for the City at the time. The nature of the HRA <br />was to allow the City to have a lower tax capacity rate and generate monies for additional <br />development opportunities. <br />Acting Chairperson Skaff asked what the functionality of the EDA will be after January 1, 2015 <br />and how will that change. <br />City Administrator Ulrich indicated that from an operational standpoint, they should not see <br />many changes. <br />Acting Chairperson Skaff asked if there will be a requirement of having public hearings or <br />televised meetings. <br />City Administrator Ulrich stated at this time the City will not require televised meetings unless <br />the Board would like them to be televised. <br />Member LeTourneau asked the EDA members if they wanted to televise meetings. <br />Acting Chairperson Skaff did not think it was necessary but if it was a public desire, he would <br />not object to televising the meetings. <br />Member Brunt did not think the meetings would need to be televised. <br />Member Williams agreed and did not think it was necessary. She thought more people might <br />come to the meeting if it was televised at a different time. <br />Member Riley did not think for the most part, that the Board would see a difference but there is <br />potential for the EDA to become involved with more responsibilities, which is a good use for this <br />group. <br />5.02: EDA Updates <br />Assistant to the City Administrator Brama updated the EDA on current projects /priorities. <br />Member Riley asked what type of user would be appropriate for the space that was once the <br />beauty center. <br />Assistant to the City Administrator Brama that it would be office, Government, or a non - profit <br />user. <br />Economic Development Authority /August 14, 2014 <br />Page 3 of 6 <br />